THIS POST IS FROM JANUARY 3 2023
WHERE DOES THE MONEY COME FROM THAT IS WON FROM CRYPTO TRADING?
I HAVE TO POST THIS AGAIN AS IT GOT SUCKED IN WITH A BLOG ABOUT PROFITS.
WHERE DOES THE MONEY COME FROM?
IF YOU FIND GOLD WHEN YOU PROSPECT YOU CAN GET MONEY FROM PEOPLE WHO WANT GOLD, WHO USE IT AND BENEFIT.
IF YOU MINE FOR CRYPTO CURRENCY, HOW DOES THE PRODUCT BENEFIT ANYONE EXCEPT BY THE VALUE OF THE CRYPTO CURRENCY RISING.
NO ONE IS BUYING A PRODUCT THEY USE, SO DOES NOT ALL THE MONEY WHICH IS MADE HAVE TO BE COMPOSED OF THE LOSSES OF OTHER PERSONS WHO INVESTED AND SOLD OUT AT A LOSS OR WHOM DID NOT GET THEIR MONEY BACK FOR OTHER REASONS, LIKE THEFT?
CONTEMPORANEOUSLY THERE IS A PROMINENT MANIFESTATION OF THIS SYNDROME AS WE EXPERIENCE THE MISGUIDED MANAGEMENT OF THE MOST SUCCESSFUL GOVERNMENT AND ECONOMY IN THE WORLD, THE UNITED STATES OF AMERICA.
AS PRESIDENT TRUMP BLUDGEONS HIS WAY TO REESTABLISH AN ECONOMY AND A CULTURE FROM THE GOOD OLD DAYS BY INSTITUTING IMPORT TAXES WHICH WILL MAKE SOME ESSENTIAL CONSUMER GOODS UNAFFORDABLE.
THAT IS NOT THE AMERICAN WAY. THE INDUSTRIES IN THE US, IF THEY WERE TRUE TO THEIR FAITH, WOULD HAVE TO CREATE A SUPERIOR PRODUCT AT A COMPETITIVE PRICE WHICH WAS MORE DESIRABLE TO THE US CONSUMER.
WHEN A BETTER OR CHEAPER UNITED STATES MADE PRODUCT MIGHT BE AVAILABLE IT IS MOST LIKELY THAT ROBOTICS AND AUTOMATION WOULD ACCOMPLISH THE TASK.
SIMILARLY ELON MR BIG SPLASH COULD HAVE SUBTLY CUT THE US GOVERNMENT WORK FORCE BY FIGURING OUT HOW TO REPLACE THEM DOING OFFICE WORK BY USING ARTIFICIAL INTELLIGENCE.
WITH A CABINET OF ALLEGEDLY VERY COMPETENT BUSINESSMEN AT HIS DISPOSAL PRESIDENT TRUMPET COULD ADJUST EXPENDITURES AND SEEK OUT AND ELIMINATE DUPLICATION AND WASTE PRECISELY AND WITHOUT A LOSS OF THE EFFECTIVENESS AND THE BENEFITS CONFERRED ON THE CITIZENS OF THE UNITED STATES BY GOVERNMENT PROGRAMS.
IT LOOKS LIKE TRUMP'S TAX POLICIES WILL ADD FOUR TRILLION DOLLARS EACH YEAR TO THE AMERICAN NATIONAL DEBT.
THE MONEY COLLECTED FROM TARIFFS WILL NOT BE A BENEFIT TO AMERICAN TAXPAYERS. THE MONEY DRAINED OUT OF AMERICAN CONSUMERS WILL HAVE TO BE USED TO DEFRAY THE COSTS OF SUPPORTING SOME UNEMPLOYED OR OTHERWISE INSOLVENT AMERICANS.
DO NOT FORGET THAT TARIFF REVENUES ARE COLLECTED FROM EVERYONE, WITH A DISPROPORTIONATE RATE OF TAX AS A PERCENTAGE OF INCOME COLLECTED FROM THE LOWER INCOME CITIZENS.
THIS WILL ALSO ADD TO THE TOTAL US GOVERNMENT AND CITIZEN DEBT.
THE TRUTH IS THAT AMERICANS HAVE NOT LIVED TO A STANDARD BEYOND THAT WHICH THE WEALTH AND PRODUCTIVITY OF AMERICA COULD PROVIDE.
WHEN ALL AMERICAN GOVERNMENT AND INDIVIDUAL DEBT IS TOTALED IT IS JUST $54 TRILLION. THE VALUE OF ALL ASSETS IN THE UNITED STATES IS $164 TRILLION.
CANADA HAS TAXED THE IMPORT OF THE VERY CHEAP AND SOME VERY GOOD CHINESE VEHICLES.
THE CHINESE HAVE PLACED TARIFFS ON CANADIAN CANOLA AND PORK.
HOW CAN CANADA AND CHINA CANCEL BOTH TARIFFS? THEN CANADIANS CAN ENJOY LOW PRICED ELECTRIC VEHICLES AND THE CHINESE CAN ENJOY LOW PRICED CANOLA AND PORK AGAIN.
DO NOT EVER DESTROY ANYTHING. BURNING IS THE WORST WAY TO DESTROY ANYTHING.
FOR THE SAKE OF THE PURITY OF THE EARTH DO NOT ARSON TESLAS.
ANYTHING NEEDLESSLY BURNT IS BAD FOR THE ENVIRONMENT. BURNING ELECTRIC CARS IS EXTREMELY TOXIC.
COUNTRIES WITH A FOREIGN EXCHANGE PROBLEM COULD REQUIRE A TAX AND THE RESULTANT REVENUE FROM IMPORTERS OF GOODS ENTERING INTO THEIR COUNTRY BECAUSE THE IMPORT WOULD HAVE TO BE PAID FOR BY SENDING MONEY OUT OF THE COUNTRY.
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