Monday, September 19, 2011

How to fix the economy.

Okay, here goes my theory on the best way to fix the economy.  Some will call me insane, I'm okay with that, it's not too far from the truth.  Anyways, my thoughts are infinitely more sane than the one's that got us into this problem in the first place.

Step 1:  Print enough money to pay off all our debt (please don't stop here, let me explain)

Basically we pay off our debts now, with the hope that we learn something and don't go into debt (this hope is honestly the craziest part).  Well would you look at that debt free.  Only problem now is that inflation exists and China can almost buy our country from us, well here comes step 2.

Step 2: Create the Super-Dollar

Here's the brilliant part, allow every united states citizen to turn in a dollar for a super dollar worth 10 times the original value.  This solves two problems, first our dollar is stronger than it's ever been, and second we just cut the value of China's dollars by 10.  This also stimulates the economy, since everybody is now wealthy beyond their wildest dreams  they can buy whatever they want.  This spurs industry everywhere because the demand is skyrocketing.  The hope is that those who sell won't try and compensate for the new wealth by raising prices (possibly a law limiting the amount of change over a limited period of time) but barring this we still took care of debt even if inflation comes back.

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