Thursday, 25 June 2015
Tuesday, 23 June 2015
But money is really the thing we use with which to exchange wealth. Its not wealth in itself.
If you can integrate this knowledge into your psyche you will be smarter than every professor of economics.
The only economic value inherently within money is the paper its printed on, the money its coined out of and the electrons used to store it in a database. And these are almost infinitesimal. That is, they are worth nothing.
And that's a good thing too. If the money were expensive to mint it would be less valuable to society for its primary and only purpose - as a proxy for the real value of things its used to exchange. And if the money were expensive to mint, trade would be that much harder and less productive.
This is why using gold or anything which is expensive to produce as a standard of money is the worst idea in the history of economics. Sshhhh. Don't tell the gold bugs about it. By expensive to produce we mean requiring more labour and more previously created wealth than the cheaper alternative in terms of labour and capital.
If Greece wants to start its march to prosperity in the morning here is what it should do:
- DEFAULT: Tell its debtors it will not honour its agreement to repay its debt... period.
- Abolish all taxation and trade tariffs
- Start collecting the revenue required from the location value of property in its land. Its still owns it and has the power to confiscate any it does not own immediately. And its land is the most valuable economic factor in any nation because its the one thing you must have before any wealth can be produced at all
"Fine, be our guest. Greece is about to adopt a policy that no sanction can overwhelm. Your sanctions will be cutting off your own nose to spite your face. Please go ahead and help our recovery with your sanctions"
And now production is increasing sharply the demand for land on which to do all this extra producing there will increase too. Its rental value will rise in the same proportion. The net effect? The tax base for government revenue will increase.
And on ability to pay the tax, well if you cannot afford the benefit given by the protection government gives to your location then move aside for those who can. Besides, now you revenues will be rising you will be able to afford it all else being equal.
And what is the policy Greece proposes today? To RAISE TAXES even more. And the result of this will be?
Watch all the experts on TV today. Utterly clueless and very well paid.
What is MeltFund?
Saturday, 20 June 2015
Used to define social mechanisms claiming to be "here to help and protect you", yet in reality job creation schemes effectively scrounging benefits from hard working tax payers.
As an acute reminder of the depth of the scam, the poorest class contribute the largest proportion of their earnings to the tax man.
So the law is correct to define this as a psychosis because its harming those least able to cope most of all. Ironically it does more harm than good and with impunity. Its a disgrace because it does it all under the banner of "saving the world".
A good example is the emergency service in the UK - 9 out of 10 emergency calls are not emergencies yet the service is quite happy about that.
We take off our hat to them - excellent rent seeking.
What is MeltFund?
Thursday, 18 June 2015
Unlike all other technology, this is truly innovative, because its the first time in the history of industry that a new technology will benefit those who employ it rather than only property owners within that economic system.
You may well ask "what are you talking about, all new technology benefits everyone".
Well that is the habitual thought of nearly all people, yet does it? We can show you how all new technology until now only increases rent and property selling prices in the end once generally adopted. In the end the people using all new technology until now always end up paying higher rents and more for property in the same proportion the technology increases productive power.
Sure the inventor sometimes wins due to a short term monopoly on it. But in general even the inventor is quickly bought out by venture capital for the "property rights", *not* the technology itself.
Nevertheless, our new technology is radically different. Because there is only an earned income in it. No windfalls, privileges, state protections, taxes, subsidies, handouts, welfare, or monopolies - no unearned incomes - are possible with this new technology.
Only "earned incomes" or that is, only the earnings of people who add to the common stock of wealth by doing work, being skilful and showing enterprise will benefit.
We cannot reveal yet exactly what it is but will be delivering a one off presentation in the city next Friday evening for any investors interested.
By all means call to arrange a seat. 07786 078836
What is MeltFund?
Monday, 15 June 2015
And franchisors never lose and profits are guaranteed.
Because a franchisor owns the 'property' in the branding. And that commands an economic rent from the franchisee 'tenant'.
So how come they're always on the margin? Because like all first class landlords the franchisee will always charge the maximum rent the market can bear. And that rent is everything above the margin of production. So the franchisee is always teetering on the margin.
What about the successful franchisee? They must have been scmming customers in some way to get ahead of the margin of course there is no other way.
The libertarian will howl bput this knowledge. They will say there is no rent in a brand property. It's simple to correct this fantasy. Ask them how much they pay the government to protect t the brand from competition? Job done.
The franchisee business is not an enterprise. It's a legalised pyramid.
So be it.
Saturday, 13 June 2015
What is MeltFund?