50 :: Investment Debate is Better Debate.


Investment Debate Is Better Debate.
Bob Komives
::


Neither a national government nor its agent banks can spend wealth that the nation does not have. Citizens expect reasonable balance between new money invested and new wealth produced. They expect monetary balance. It comes from prudent national investment, just as corporate stock balance comes from prudent corporate investment, and ecological balance comes from nature's tendency to invest prudently in itself. These are dynamic balances. Credits can more than balance debits as biosphere, species, nation, and family take dominion over a greater expanse of the inanimate universe.

We should hope to do better
than balance our budget.
We should hope to do better
than debate how best to limit spending.
We can save inferior debate
for the day the sun turns off
and the biosphere dies.

||

A nation that understands the economics of money and communal investment will debate whether proposed investments contribute to the long-term health of society and its economy. Liberals might point to the profitability of social programs. Conservatives might argue strongly for hardware. In U.S. America some debaters will point to the boom in computers and related paraphernalia as wealth that followed investment in the space program; others to the black and brown faces in media and business as economic return from investments in civil rights and social programs; others to the Works Progress Administration under the New Deal as argument for a nation putting its labor force to work when the marketplace fails to do so; others to examples of peace work bringing higher return than war work; and many to the peace and productivity of those people who choose to invest their efforts to enhance the natural environment that they rent from future generations. These will be a difficult debates. For a change, however, they will be meaningful.
Productive investment debate happens within a successful nation that has prudent government knowingly financed by paper money. Growth in this nation's supply of paper money balances itself through growth in national wealth --a collective wealth that incorporates local, international, and biospheric wealth.

Investment debate is better debate.



:: Bob Komives, Fort Collins
© 2006 :: Plum Local IV :: 50. Investment Debate is Better Debate ::
With attribution these words may be freely shared, but permission
is required if quoted in an item for sale or rent

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