Sunday, May 1, 2016

New Evidence Suggests More Problems in US Economic Woes

With the amount of money per capita in America still decreasing, due to a long-term growing population, it seems that poverty in America is still inevitable due to operating costs of doing business, the necessity of savings for personal things like college and retirement, the pursuit of wealth to increase quality of life, and the loss of some of that money in taxes every time it changes hands (when the government is not in debt).

For those who find themselves unable to get an income at all due to this shortage, the military is their only option, to which Congress said they may cut funding in the past. Ironically, it was this same "expense cutting" that was taking place in Germany right before Hitler came into power with promises of fixing the struggling economy in the country.


The Problem That Has Never Been Solved

For some reason, this problem of having a shortage of money in the economy has never been solved. It was the reason for the French Revolution, and it is the reason for widespread racism and hatred. It could be considered to be one factor of the real reason behind WWII and the holocaust.

Less quantity of money in a society has always been believed to create a stronger currency that is worth more, making people literally too scared to increase the quantity. The costs of operation of business, as well as the numerous reasons that money has to change hands in daily life including high cost of housing, result in people needing to save more money to be able to live with the basic necessities.


Why Can't We See This Phenomenon Taking Place

The issue of how much money any given person has in their bank account has always been a personal topic never discussed by anyone. Everyone knows some people who have a decent amount of money, and they can see past that idea that they should be angry at someone simply because they have more pieces of paper. However, the problems that can be created by the shortage of money per person resulting in some people having so little are drastic. Identically, the problems of what someone stands to lose by having less than the $4,000 per person is detrimental to the life of that generous person who is doing the right thing, especially with inflation having raised prices so high now that that amount per person wouldn't be enough to live with the basic necessities.

Just as very few people even know that the total amount of American currency in circulation is $1.4 trillion, even fewer are able to shuffle that money around to reach every citizen. As the population continues to grow, as housing prices rise, as the country becomes more debt ridden trying to provide enough for everyone, it becomes embroiled in controversy over a variety of things as they try to discriminate on who will get the money that's left to go around. This struggle translates to frustration and anger in the lives of innocent citizens every day.

Sure, we see the guy living on the street at the old age of 68, but we don't see this phenomenon taking place. That money is hidden in the bank accounts of wealthy people saving money in their IRA's and 401k's, and trust funds for the kids and kids college. The government encourages everyone to spend little and save more and more, but there are no discouragements or penalties for saving vast amounts of money for a long time. This makes the loss of wealth, for those who aren't included in the circulation, long-term. Unfortunately, this is an enormous amount of people.

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