“The included objective of the [LaRouche presidential] campaign is to catalyze in the so-called ordinary citizen a proper sense of what it should mean to be a citizen of a democratic republic. This should mean that each citizen views issues of national policy by putting himself or herself into the frame of mind in which he or she accepts the kind of authority and responsibilit...
As a result of the increasing emphasis on the debate respecting matters of international economics and the structure of the international monetary system, I have taken some time, over the past months, to look into these issues
Often, we find that a proper estimation of the value of a theory requires that we shift attention away from matters of internal logical consistency, and even away from the basic axioms upon which the theory is premised. Sometimes, we need to consider if the very concepts to which the theory refers are actually legitimate concepts in the first place.
This is the second of a series of reports intended to examine the economic issues involved in the subject of tariffs/protectionism, a subject which is of great significance today given President Trump's following through on his campaign promise to implement tariffs for the purpose of benefiting the US economy.
President Trump has begun to implement one of the measures which he promised, during his election campaign, to implement as president; namely, the imposition of tariffs on goods produced in other countries which enter the United States. The tariffs are supposed to benefit the US economy in two primary ways...
I was immediately able to discern the flaw in the logic which produced the problem in the first place, as well as the invalidity of the problem even under the condition in which that basic flaw is ignored. I present my arguments below.
Based on this, as well as other considerations, it can be demonstrated that certain aspects of the modern financial system are unnecessary, and that, actually, they can be considered as but archaic vestiges of systems designed around a concept of money which has passed from the mind of society some time ago.