The $4 trillion idea that creates no debt and pays all Americans to work together!

On average, the US economy grows at a rate of $4 trillion dollars annually. That translates to about $12,000 for every man, woman, and child in the United States. But generally speaking, the beneficiaries of this annual growth are limited to the people who can afford to buy the stocks, bonds, real estate, and technological developments that account for this growth.

90% Lacks the Opportunity
More specifically, we’re talking about the less than 10% of Americans who have the means to take advantage of this relatively predictable growth and the 90% who don’t have the opportunity to participate. Thus, we now have a 21st century wealth gap that is wider and more toxic than at any time since the stock market crash of 1929 and the Great Depression that followed.

To make matters worse, this was the case long before the current pandemic-driven economic crisis reared its ugly head. In response to millions of workers losing their jobs and health care due to the virus, the federal government increased unemployment benefits for several months and issued so-called “stimulus checks ($1,200)” to millions of people in an effort to boost artificially demand. and to prevent the ship of state from sinking into oblivion.

Nasty but necessary steps
By taking these ugly but necessary steps, the government has significantly increased the already huge debt burden, which means it’s a short-term solution, not a long-term one. The hope, of course, is to artificially revive demand, which in turn should recreate jobs and get people back to work and get us all back to where we were before the virus hit.

The problem is, even before the virus hit, we the people were not in a very good place. Even before the virus broke out, more than half of all Americans were living paycheck to paycheck, unable to pay a $500 bump in the road without having to borrow money to pay it off. Things are dramatically worse than they were several months before the virus. But the place where we were is still not the place to which the people long to return. So what can we do?

The idea of ​​$4 trillion dollars that does not create debt!
In that sense, let’s remember that, on average, the US economy grows at a rate of $4 trillion dollars annually. Again, that translates to about $12,000 a year for every man, woman, and child in the United States. But the beneficiaries of this annual growth are those who can buy stocks, bonds, real estate and new technology. This generally excludes “we the people.”

The question I want to ask here is, how can we give the average American citizen systematic access to the property side of the economy? How can the average Joe get access to that predictable $4 trillion dollar growth to generate a second stream of investment income, while eliminating the fear and instability that so many Americans endure in today’s incredibly lopsided economy?

Paying “We the People” to unite…
Consider this. What if the Federal Reserve, through local banks, issued $12,000 of INSURED CAPITAL CREDIT annually to each US citizen, along with the provision that these funds could only be used to purchase shares of new and transferred capital assets that were they expected to generate enough future earnings to pay for these assets? It would cost American taxpayers NOTHING. Do not create public debt! And without consumer debt! And instead of currency backed by government debt, our money would be backed by real, productive private sector assets.

And it will not be inflationary. All money created would be instantly backed by the full value of private sector assets that citizens would receive secured loans to purchase. Citizens would actually be buying newly issued, fully dividend-paying, voting shares of companies that need new capital assets to grow.

What this would do, however, is give all US citizens equal access to the property side of the US economy. It will help democratize the free market. In this time of political division and conflict, it is literally in the best interest of all Americans to unite, at the same time, in the same direction, toward the same goals! Translate mere political talk (like… we’re all in this together) into real live action, driven by results!

Systematically counter concentrated wealth!
Over time, each American citizen will accumulate more and more equity (instead of debt) and benefit from their investment income in a way that only the rich can today. As a result, the need for federally supported social safety net programs (ie Social Security, Medicare, Medicaid, Food Stamps) will gradually fade away. More people will be able to pay taxes, which in turn reduces the burden on those of us who actually still pay taxes. Systematically counter/prevent concentrated wealth and democratize America’s free market economy!

Today’s crisis would not be a crisis
If the Obama administration had implemented Capital Homesteading in the wake of the 2008 crash, the current COVOD 19/unemployment crisis would not be a crisis. We the people could afford to stay home and still have enough income to weather a much less severe storm. Trump has the same opportunity today. Let’s see if he really wants America to be great again.

Capital Homesteading in Detail
I confess that this comment has been a general portrait that badly needs more details. So, for a full and detailed explanation of how this strategy could be implemented, visit CESJ.ORG and check out the concept that Dr. Norman Kurland calls CAPITAL OWNERSHIP LAW. It’s an ingenious idea whose time is long overdue. And it’s a very good thing that could actually come to fruition as a result of this horrible COVID 19 crisis.

Appendix…

UBI vs. Capital Housing Comparison
Stimulus checks are effectively a short-term form of Universal Basic Income (UBI), an idea that has been championed by, among others, former presidential hopeful and serial entrepreneur Andrew Yang, as well as Facebook’s Mark Zuckerberg and Tesla’s Elon Musk. Although the suggested annual amount of money issued ($12,000 annually) is the same as Capital Homesteading, that’s where the similarity ends. Look at the differences.

1. Since it issues homestead credit loans that are repaid through future pre-tax earnings, and can only be used to purchase wealth-producing capital assets, Homesteading Homestead Creates NO GOVERNMENT DEBT or CONSUMER DEBT! The UBI and stimulus checks create a public debt that will eventually be paid for by us the people (not the spectacular tax evading 1%) in the form of higher taxes.

2. Capital Homesteading systematically creates universal capital ownership opportunities and access to the means to acquire productive capital. UBI does not.

3. Capital Homesteading systematically finances the predictable and sustainable growth of the economy. UBI does not.

4. Capital Homesteading systematically enables individual citizens to become financially empowered and free through ownership of capital. UBI does not.

5. Capital Homesteading systematically allows citizens to be financially independent from the government. UBI does not.

6. Capital Homesteading systematically generates massive purchasing power through increasing citizen ownership of income-producing capital. UBI does not.

7. Capital Homesteading systematically creates new owners of advanced technologies and green growth assets that UBI does not create.

8. Capital Homesteading systematically creates an increasing tax base to pay government costs, thereby eliminating deficit spending and eventually paying off today’s huge public debt. UBI does not.

9. UBI/Stimulus controls are simple and immediate. That is his strength.

10. Capital Homesteading takes some time (usually several years) for the benefits to accumulate. That’s why UBI must start immediately and be phased out in favor of Capital Homesteading.