These articles have discussed money, monetary policy, fiscal sanity, and government spending several times this year. Some have called me alarmist for raising fiscal sanity during a “Global Health Crisis.” While COVID-19 (Sars-COV-2) is undoubtedly a viral disease with a 98%+ survival rate, I cannot in good conscience call this a “Global Health Crisis.” The pandemic declaration was a political move, the mask mandating, business closures, and every other hysterical move have been carefully formulated to present a problem where none exists. Has Sars-COV-2 mutated; absolutely, but the emotional hysteria has mutated far faster.
Dollars and Sense
When you pass paper to a store clerk, are you spending money; no, you are spending confidence. Your confidence in the dollar’s strength, as represented by a check, cash, money order, credit card, etc., is what is being spent. Why was the Great Depression so lasting and detrimental; a lack of confidence in the US Dollar. People who saved their money formed sane fiscal policies personally and acted logically lost their confidence in the US Dollar, and the dollar went into a great depression.
Since President Clinton, the US Government has been on a drunken spending spree and does not appear to be stopping unless the citizens demand they cease and desist! What does this mean for you and me; everything costs more for two reasons inflation and interest. When the government prints money, too much money increases prices, and too few goods chase too much money, resulting in people suffering. When the government borrows money, the interest must be serviced; the interest will increase prices and usually absorb some of the extra capital on the market to bring down inflation.
Except, Quantitative Easing (QE) is hindering the absorption of money on the market. Hence America is witnessing something truly remarkable for the first time in financial history, the debt (principal), the interest, and the extra capital, all of these storms are combining into a major conflagration economically speaking. Usually, at this point, a country begins to look for a place to go to war, which explains China and its expansionist policies in Southeast Asia and the Pacific Ocean. Too much debt, too much interest, a military needing worked, and assets need to be stolen from other countries. Typical historical thinking, war truly is grand larceny on a massive scale!
Where are America and China headed; let’s ask Czarist Russia, USSR, Nazi Germany, East Germany, China, North Korea, Italy, Venezuela, Greece, France, and who knows how many other economically unstable countries historically and presently. Going to war will not solve this economic crisis, though some may try that solution. The only solution worth advancing at this critical juncture economically is reducing the size of government, placing a firm halt on all government spending, and refusing the politicians to get into debt for at least two decades! Yes, this means changing Social Security, Welfare, Medicaid and Medicare, and every other government benefit program to fit a reduced budget and smaller government model. Failure to tighten belts for the next two decades will bankrupt America, and most of the world, making the Great Depression look like a summer picnic.
Gold and Oil, real estate, Gross Domestic Products (the goods manufactured in America for sale), trade, all of these wealth tools and more cannot support the debt incurred, the money printed, nor the size of the government from the city and county to the White House. As this trend continues, Wall Street will continue to be tumultuous, at best, and the confidence in the US Dollar will continue to slide. But, as the dollar slides, which global currency will begin to take up the slack?
The Euro has discredited itself and is not worth the paper it is printed on. China thinks they will step into the void and take up the slack with the Yuan, except their financial situation is almost as bad as Venezuela’s and Cuba’s, but their size and government type keep this hidden from the public. Even though the Yuan is in junk status, the Communist government hides these facts; the truth is leaking out in higher trade tariffs and other global trade and finance costs. Russia’s economic situation still has not stabilized with the fall of the USSR and will probably need another two to three decades until it can compete on the global economy again.
I heard a postulation that the Arabian Oil Rich nations of the Middle East would produce an OPEC-backed currency if the US Dollar fails. I highly doubt this as a solution, but the potential is there. Another person claimed the lack of confidence in the US Dollar would lead to the World Bank/International Monetary Fund (IMF) issuing currency for the world; boy, would that be a significant problem! Yet, the American Dollar is being purposefully destroyed by the current crop of politicians, and nobody is standing up and declaring ENOUGH!
Inflation
The US Government, and many others globally, have increased their drunken spending since Jan/Feb 2020 to incredibly extensive levels and used a “Global Health Crisis” as the excuse. Except when Ebola was sweeping the world, we did not have this level of insane spending and government intrusion. Ebola is far deadlier, easier to spread, and yet the Ebola disaster is barely remembered. Bird Flu, Swine Flu, SARS, MERS, all these viruses have had their time in the media hysterical spotlight, every single one of them is deadlier than Sars-COV-2, easier to spread, and they were never a cause for a global pandemic.
Inflation is caused by poor economic policy, where the government grants itself the ability to print money. Inflation is not just money and monetary policy; inflation is also confidence, faith, and trust. Inflation is how the government acts, thinks, and behaves. Inflation is as real as COVID-19 and just as deadly as Ebola while being more problematic for everyone. From Dec 2020 to the end of July 2021, inflation has increased the price of goods and services by 3.8%, seasonally adjusted, or 5.4% non-seasonally adjusted, which means that prices go up as a seasonal adjustment in the summer.
Fiscal Insanity
Consider with me an analogy; you live in a community of houses and pay a Homeowners Association (HOA) Fee. Your neighbor has decided they can write checks on your checking account, and the HOA has granted them legal protection to write checks on your bank accounts. Because your neighbor has legal protection, you sell off assets to provide the funds for your neighbor. You sell to other neighbors letters of credit that you promise to pay interest on, provided your other neighbors hold those letters of credit for specific amounts of time. Except, your neighbors stop buying those letters of credit over time because they do not like how your neighbor keeps writing checks and spending your money. How do you keep this house of cards from blowing over and losing everything?
America is in this position right now! Trend lines show a steady downward trend in the value of the US Dollar. Inflation will keep increasing prices as too much money is chasing too few products on the market. Debt needs to be serviced and interest paid. But, when the interest payment is the only thing being paid, and the principal will also need to be serviced, where and how does the principal get serviced when the interest is absorbing all the monthly payments? Simple economics, money once created and put into the money market, cannot just be absorbed or disappeared. Just like food doesn’t disappear once consumed, the offal must come out and be handled responsibly. Well, the dollar is in an offal position and needs responsibly handled!
© 2021 M. Dave Salisbury
All Rights Reserved
The images used herein were obtained in the public domain; this author holds no copyright to the images displayed.
Last week, while scrubbing my SPAM folder on Gmail, I discovered that Google had arbitrarily been sending several emails containing news of a more conservative slant straight to SPAM. Why would Google arbitrarily act in a manner to thwart the delivery of email? A topic for discussion later in this article.
I am not excusing individual accountability for specific acts, but every silent politician in America has condoned the divisive behavior. The corporate media have fed the violence and division, and the press has even been videoed participating in the violence. My wife stated something, “The problems have become too great for any single individual to make a difference.” I vociferously disagreed then and state unequivocally now that good is still in the majority of America and Americans and that 
Unity is a precious resource America has always enjoyed in abundance, and the political enemies of America despise America for the unity that has always been here. We might fight like brothers amongst ourselves, we might have ancient grudges and family disputes that spill over state lines, but we are inherently a unified people. Stop allowing the media to preach division, hate, and identity politics. Stop allowing those elected as representatives to divide you and your family. America, we have a choice before us, unite and live, or divide and fall. All of the changes discussed stem from a simple point, will we choose to unite and live or allow division to separate us to be conquered as unpitied sacrifices in a contemptible struggle?
Join me! Join with your neighbors and family members! Let us for a community of responsible and intelligent citizens, who are informed, and active in halting the government abuses at every turn! As a united front, we can win! Believe that, and we are halfway to restoring America to the ”Shining city on a hill!”
In Chapters 
Pensions are the first point of discussion as to where these funds can go; never forget, 
Just as important, look at the total number of government workers as a share of the total workforce, and you will discover just how big your state and local governments have become. For example, two states selected at random from the 50-state list, New Jersey, and New Mexico are displayed below, and sourced from the 
Consider New Jersey for a moment, if you met 100 new people in one day, more than 1/10th of those met will work for the state or local government in some capacity, and those 11 people are earning $32,148 taxpayer paid dollars a year for being retired. Worse, New Jersey is kiting checks on your children’s future to the tune of $130.7 Billion dollars every year. Raising taxes cannot help closing the funding gap in the pension. Want more news, the majority of those retired are not living in New Jersey, so all those taxpayer monies are not being recouped in sales taxes, property taxes, and other taxes.
A few days ago, I was discussing broadband Internet grids, and there susceptibility to failure with people who work for a major Internet Service Provider. In 
Come, let us reason together for solutions that actually work. I offer below the following suggestions, feel free to agree, disagree, add more, and discuss openly in the comments. We, the owners of government, must re-take control of the government, and to do so, we must communicate and act.
Not every child should be forced into college. Not every job requires a college degree. Opening the community colleges produces certified, trained, and non-debt laden students that are workforce ready. Workforce ready means able, willing, and skilled in working, be that in academia for a degree, or in the workforce as a tradesman the requirement is the same and the distinction needs removed from the leaders of K-12 educational leadership.
As American state, city, and county governments, begin to become greedy little children over the $350 Billion the Federal Government is “handing out for COVID relief” to “spur a national recovery from the economic toll of COVID-19.” I wanted to take a minute and speak some reality to the situation. Let us logically review what has happened since November 2019 in the light of a non-partisan, apolitical review. I urge you to take what is said, conduct your own research, and come to your own conclusions. As Dumbledore said, “I could be as wrong as Humphrey Belcher, who believed the time was ripe for a cheese cauldron.”
Consider your home finances, you and your significant other are working hard for the paycheck. Your significant other comes in and reports they have improperly paid the mortgage company, the electric company, the car loan, the gas company, and the credit cards over the last year to the tune of $100,000. These funds are not recoverable, did not reduce your balances, did not pay ahead, did not apply to your account, and your significant other expects to be praised for improperly paying the bills. What is your response?
Returning the original analogy, if your significant other was reporting these failures to comply, how long would that person remain a significant other? Yet, somehow, we, the American Taxpayer, accepts this type of poor performance from government bureaucrats. The legislation is not working to improve performance after 10 consecutive fiscal years of trying. Leading to the following recommendations for immediate Congressional action.
DNC-Consulting 