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Gold/Mining/Energy : ECHARTERS -- Ignore unavailable to you. Want to Upgrade?

To: Bill Jackson who wrote (1113)	11/5/1997 10:22:00 PM
From: E. Charters	Read Replies (1) \| Respond to of 3744

Wanna join my syndicale?

To: Bill Jackson who wrote (1113)	11/5/1997 10:54:00 PM
From: E. Charters	Read Replies (2) \| Respond to of 3744

Interest creates inflation. That and government spending and the bank's being allowed to print many many dollars. So to keep an economy in check you have to keep gov't spending and taxes in check. Big inflation came as as result of having to pay for wars.. which were gov't spending. They had to do it with after the war reduced output, so that necessitated high taxes which led to wage demands and a cost spiral. Trudough denied for years that Gov't spending created inflation, just consumer spending. If dollars always equal one unit of energy, or information then there will be no inflation. But the trouble is it is indexed by a free spending gov't and greedy bank, which has become a defacto gov't branch. It is hard to make private conservative banks as who will accept their notes? systems have to be universal. The Muslims outlaw interest. But you have to pay a fee to loan. Same thing. Silly. All money has a time value. But what is that fair time value that won't create inflation? Economists says there is no such low rate. How much money should be printed or allowed to be loaned? Should we go back to 4 loan dollars to one deposit? It would work to reduce interest to 3%. Outlaw income tax. Make banks keep one dollar for every 4 loaned out. But how do new ideas and wealth generation get money? Easy. take security laws off the books. Capital is none of the gov'ts business. Outlaw brokers. They are the only stock crooks. I don't see any private money raisers scamming the public. Brokers scam the entire system daily. Would there be a plethora of private scam ripoffs. I doubt it. Why would there be? the scams today are because people trust institutions. They are lied to and do not scrutinize the deals. I just do not know how the present system protects anyone. If there is no professional scrutiny of the deals that brokers sell then there is as good as no protection and the thing should be thrown open to the caveat emptor. If associations were free to raise money then good syndicates of like minded individuals could be formed without brokerage and sleaze market interference. If 50 shareholders are not illegal then why not 500? Your soapbox.. echarter@vianet.on.ca