Money's only function is to act as a representative of real wealth in the form of manufactured goods & products created by manufacturing industries & to provide a convenient means to facilitate exchange of manufactures, raw materials, tangible local manpower services between the industries of the real economy w/c is the physical economy of the physical sector of a national economy. Money cannot replace real wealth and is not wealth by itself alone. This requires a lot of education of the public
An economy is composed of two general sectors. The financial sector & the physical sector. The financial sector only represents the physical sector but it is the physical sector that supports and backs up the financial sector. Money only represents wealth & is not wealth by itself alone for it is the physical sector economy's manufacturing of manufactures that backs up the value of money. Money's functions is to provided only a convenient means to exchange goods and services, not to replace them
Printing money to make wealth by misusing it to bail out Wall Street Oligarchs does not create real wealth, only artificially inflated wealth. Printing money to make wealth by wisely using it to upgrade and restore America's manufacturing base creates real wealth that in turn backs up the value of the US dollar with real goods, products, and tangible services serving these manufactured goods and products. And creating economic policies to make American manufacturing profitable on US soil!
What manufactures manufactured goods? Factories, which in turn are manufactured by machine building industries, which in turn are manufactured by heavy engineering industries, which in turn are manufactured by machine tools, which in turn are manufactured by machine tools themselves for machine tools are the only machine that can manufacture themselves. And science-driven industries sustains all these with new discoveries, creations, inventions, innovations, breakthroughs, etc.
As a Russian you Americans must use your remaining centers of real production to build several American version of Uralmash type factories that manufactures factories and recreate your own government owned and controlled non-monetary credit banking system to fight against Wall Street and it's Oligarchs. Russia's Uralmash is Russia's factory of factories and heavy engineering/science-driven based-industries has helped Russia survived regardless of oil price fluctuations. You must do the same.
We need to restore our manufacturing base beyond green. we need to start manufacturing everything to create value added jobs for a non governmental economy. This is the real source of wealth.
This govt. has just about given away or taken all most everything americans have and still people say give him more time,the more time we them the weaker we will be,yes people are waking up,action is needed now, if they get more time, you will have nothing!!
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Money's only function is to act as a representative of real wealth in the form of manufactured goods & products created by manufacturing industries & to provide a convenient means to facilitate exchange of manufactures, raw materials, tangible local manpower services between the industries of the real economy w/c is the physical economy of the physical sector of a national economy. Money cannot replace real wealth and is not wealth by itself alone. This requires a lot of education of the public
darthvader5300 7 months ago
Comment removed
darthvader5300 7 months ago
An economy is composed of two general sectors. The financial sector & the physical sector. The financial sector only represents the physical sector but it is the physical sector that supports and backs up the financial sector. Money only represents wealth & is not wealth by itself alone for it is the physical sector economy's manufacturing of manufactures that backs up the value of money. Money's functions is to provided only a convenient means to exchange goods and services, not to replace them
darthvader5300 7 months ago
Printing money to make wealth by misusing it to bail out Wall Street Oligarchs does not create real wealth, only artificially inflated wealth. Printing money to make wealth by wisely using it to upgrade and restore America's manufacturing base creates real wealth that in turn backs up the value of the US dollar with real goods, products, and tangible services serving these manufactured goods and products. And creating economic policies to make American manufacturing profitable on US soil!
darthvader5300 7 months ago
What manufactures manufactured goods? Factories, which in turn are manufactured by machine building industries, which in turn are manufactured by heavy engineering industries, which in turn are manufactured by machine tools, which in turn are manufactured by machine tools themselves for machine tools are the only machine that can manufacture themselves. And science-driven industries sustains all these with new discoveries, creations, inventions, innovations, breakthroughs, etc.
darthvader5300 7 months ago
As a Russian you Americans must use your remaining centers of real production to build several American version of Uralmash type factories that manufactures factories and recreate your own government owned and controlled non-monetary credit banking system to fight against Wall Street and it's Oligarchs. Russia's Uralmash is Russia's factory of factories and heavy engineering/science-driven based-industries has helped Russia survived regardless of oil price fluctuations. You must do the same.
darthvader5300 7 months ago
This is union propoganda!
john51880 2 years ago
We need to restore our manufacturing base beyond green. we need to start manufacturing everything to create value added jobs for a non governmental economy. This is the real source of wealth.
solohg 2 years ago
This govt. has just about given away or taken all most everything americans have and still people say give him more time,the more time we them the weaker we will be,yes people are waking up,action is needed now, if they get more time, you will have nothing!!
dvdhunsinger 2 years ago