Blog 06

IF YOU ARE UNABLE TO ANSWER ANY OF THESE QUESTIONS HERE'S SOME HELP:

Wealth, real wealth that is, is created following the production of the things we judge our wealth by, for example property construction, the manufacture of commodities, the growing and processing of food etc. In a just society the real wealth that is produced should be represented by the gross value of the money that is in circulation. Money is not necessarily a measure of wealth since its value is determined by many more factors that just a representation of the value of GDP that it is supposed to represent. After many years of financial trickery and deceit by the banking fraternity, money is now overvalued by as much as 900%. Only that proportion of money that is directly related to GDP can be considered to represent real wealth.

We judge our wealth by the things we own, things that other people can see we own. If we have no home, no car, no television set nor any other physical manmade artifacts then we are just naked human beings on a barren landscape, no amount of money in the bank will give any indication of wealth.

Wealth then is represented by the physical things we appear to own. So where do all these things come from, who makes them and in particular, did you participate in their production. In other words, did you or have you ever helped in the production of any real wealth? Well it really depends on your job or profession now or in the past. Obviously anyone who actually uses their hands to make things is a producer, these people are on the frontline of 'real wealth'production. Of course there are those who design the things that the producers make, so though this group of people don't actually make anything, without them the producers would have very little to make. Similarly, every production team needs to be organized, so company owners (excluding financial speculation gamblers) and their managers can also be considered as a necessary part of the production process. The final group that can be considered as support for the producers are the distribution, wholesale, retail and advertising media companies without whose help many products would not be sold. All other jobs and professions 'leech'to varying extents from the wealth created by the producers in order to exist and accumulate unjustified wealth.

The methods by which the non-producers of the world acquire a very large proportion of the wealth created by the producers is by a process invented by the bankers of the world known as 'fractional reserve banking'. This system, condoned (strangely) by Governments all over the world, allows banks to print vast amounts of paper money [checks] and issue plastic money facilities that exceed the value of the real wealth that exists many times over. Over time this has resulted in the cost of all commodities and real estate, the items that we judge our wealth by, being grossly overpriced. Overpriced to such an extent that almost everyone, including the producers of the wealth in the first place, have to borrow substantial amounts of money from financial institutions (remember they just print what they need to lend on paper or plastic), over ever extending periods of time. It's criminal that a house that takes a small team of builders a few weeks to build would take one of those same builders, and his wife, 30 years to pay for. And even if you are a non-producer like say a stock broker, you can still buy that house by borrowing some freshly printed (highly inflationary) money from the bank. (Credit cards are much the same as printing money that's not backed by any real wealth production).

If you are a producer then be advised that you probably receive less than 5% of the wealth you actually helped create. How else could all the non-producers who play around with and manipulate the real wealth in the world by buying and selling stocks, currencies and everything else played with on the world’s financial markets. These people produce absolutely nothing and yet they jet around the world, take chauffeur driven limousines from airports to their luxury penthouses and enjoy lifestyles far in excess of the people who produced the wealth they all play around with.

ABSOLUTELY EVERYTHING YOU SEE AROUND YOU THAT WAS PUT THERE BY MAN* WAS PRODUCED BY THE PRODUCERS, NOT BY ANYONE ELSE. IF THERE WERE NO PRODUCERS IN THIS WORLD THEN THERE WOULD BE JUST A FEW NAKED HUMAN BEINGS MILLING AROUND IN THE FORESTS OF THE WORLD.

LOOKED AT IN THESE SIMPLISTIC TERMS THE QUICK ANSWER TO THE FINANCIAL WOES OF THE WORLD IS ALL TOO OBVIOUS, REDUCE THE NUMBER OF NON-PRODUCERS.
(In a recent BBC World program an eminent economist said that in the current climate (this was at the time of the so called 'Credit Crunch'), the financial institutions (of the world) need to be thinned down, perhaps by as much as 10%. In my opinion a more realistic percentage would be 90%.

AN ANALYSIS OF THE LABOR STATISTICS FOR THE USA AND THE UK REVEAL THAT IN FACT APPROXIMATELY 5% OF THE POPULATION OF THOSE TWO COUNTRIES ARE PRODUCERS. NO DOUBT THESE STATISTICS ARE SIMILAR IN MOST COUNTRIES. YET DESPITE THE RELATIVELY SMALL NUMBER OF REAL WEALTH PRODUCERS THERE APPEARS TO BE A GREAT DEAL OF WEALTH AROUND.

JUST IMAGINE HOW RICH THE WORLD WOULD BE IF JUST HALF THE NON-PRODUCERS BECAME PRODUCERS. TRY TO IMAGINE HOW MUCH RICHER EVERYONE IN THE WORLD WOULD BE, WORLD BLIGHTS SUCH AS POVERTY, MALNUTRITION, WAR AND DISEASE ETC. WOULD BE REDUCED IF NOT ELIMINATED.

* I use the term MAN loosely here since as I have shown a large proportion of the population cannot be included in the term 'manmade'.

See also: Who creates the ‘real wealth’ in the world?

Please help me with this...