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There are still 1 billion people in India that live at or below the poverty line. Over half of China lives below the middle class, which they consider to be $1200 per year. In Africa 85% of the people live on less than one dollar per day. In South America things are also quite dismal, and as socialism takes over, things will only get worse. The reality is that much of the world would certainly like to move economically upward. Unfortunately, there is not enough money supply in the world for everyone to live at a better level.
We cannot run the world with the current money supply of currency, it’s not enough, and we can’t just go print money and give it away without allowing humans to trade for their labor, otherwise the money won’t be considered valuable, and inflation will skyrocket and sink the global economy. Many say that we need to have all the money in the world backed by gold. Whereas, that might’ve worked in the past the reality is that gold is completely out of the question, it’s liable to become the “endangered mineral” if we attempt to keep this up.
Because the reality is there is not enough gold in circulation, or easily attainable to back all the money in the world that is needed. Plus, gold is also used in manufacturing, and it is needed for other things. We must get money into the system, but we must do it in a way that keeps the money circulates flowing in each country.
Otherwise, the wealthiest nations will just have more money and runaway inflation, while all the poor nations will simply run out of money, then run out of food, and we haven’t solved any of the real problems of humanity. These are the serious issues facing a one world global economy, and none of what is being done now seems to address the human issue.
We need a think deeper on the solution, and remove the elements of greed, manipulation, and politics from the equation, otherwise we will not solve anything. Am I suggesting a philosopher King of the world, which is in charge of money flows? Perhaps, unfortunately I know of no human that I can trust, and every time someone claims to be that person it makes me want to run as fast as I can and as far away as I can from that individual.
Humanity has a problem and they refuse to address it, and continuing what we are doing is literally the definition of insanity. I am not suggesting we rid the world of capitalism, because I believe it to be the best form of economic theory, rather I am suggesting we need to re-adjust the money flows, so it works for all nations including our own. Please consider all this.
Lance Winslow is a retired Founder of a Nationwide Franchise Chain, and now runs the Online Think Tank. Lance Winslow believes in watching money flows, he feels that’s the main key to a working and vibrant global economy.
To all in current affairs & news?
“Happy New Year to you all”. Hope you all enjoy your evening & 2008 is good to you all. Well there are 2 exceptions to that Hitman & Peter Fissons. You have got to be 2 of the nastiest characters going so for both of you my wishes for you are “May the opportunity for you both to dissappear from the face of the earth arise, & you both seize the opportunity to do so”
Good luck , good health, wealth & happiness come your way to everyone else. X X <3
And the same to you – and everyone else.
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