Nationalist Economics Part 1

Started by CrackSmokeRepublican, December 30, 2009, 12:47:42 AM

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CrackSmokeRepublican

Nationalist Economics Part 1
Wednesday, June 10th, 2009 at 1:05 am  

This essay is Copyright of Midwestfreepress.com 2009.  All intellectual property rights are under the sole ownership of this website and it's authors.  Unlawful reproduction of this material without permission is prohibited by law.  If you choose to copy this material to your website, please provide your readers with a citation.
Nationalist Economic Policy

This will be the first post in a series of our position statements; outlining the foundations of our world view.  We have placed many links at your disposal, but sometimes it is helpful to bring everything together in one coherent dissertation.  So, whatever your previous background, I hope you keep an open mind when reading this material.  We will do our best to provide you with as much supporting evidence on this site as possible.

A country's economic system, although not everyone's favorite subject, is quite possibly one of the most important factors for the longstanding well-being and prosperity of a country.  It, however, is not THE most important factor.  A nation can never merely be just an economic venture.  Unfortunately, that is exactly what America has become: nothing but a conglomeration of profit-seeking individualists who care more about their materialistic self-gratification than their people and culture.  No, a nation must first be founded on a common ideal of race.  Historically this has been true for almost every nation, up until very recently of course.  In fact, even most countries today are still founded on the precepts of race and culture, except for White Western countries that is.  The importance of Nation and Race is profound, and an entire position article will need to be dedicated to it in the near future.

Today I chose to focus on the ideal economic principles for a true Nationalist country, assuming that the issue of race was already paramount in the hearts and minds of its citizens.  You could therefore call this a blueprint for a theoretical White Nationalist economy.  This topic desperately needs to be talked about in the midst of today's financial problems.  I frequently get inquiries about what needs to be done to fix America's economy.  The answer? - Scrap the whole system.  Our entire concept of economics must change.

Analyzing Our Current Monetary System

This is a topic of high debate, almost everyone agrees that the current U.S. monetary system is built to fail.  If you don't know how our current fractional reserve banking system works by now, this should be your first focus.  We currently have a debt-based monetary system, where Congress does not create any of our nation's money; a right which is allotted to it by the U.S. Constitution.  Instead, they appropriate money by first passing a bill, and they then borrow money at interest to pay for it.  This borrowing is done by either issuing T-bills or by borrowing directly from the private Federal Reserve bank.  In each of these scenarios the U.S. government is forced to pay interest on this new money.  This is what is referred to as the National Debt.  Most Americans don't realize that every year, almost every penny of their tax money goes directly to pay the interest on the national debt rather than to pay the principle.

As you may know, this interest is pure profit for the bankers (Fed) that lend us the money.  Since the bulk of the interest must be paid first, we fork over billions of dollars of taxpayer money to the private owners of the Federal Reserve.  And, since the interest charged is money that has never existed, more money must constantly be created in order to pay the interest on previous debt.  This creates a never-ending spiral of increasing debt and inflation, which will continue until the buying power of the average citizen is destroyed and the bankers own the majority of the world's wealth.  It would take too much time to explain this system in it's entirety, therefore it is ABSOLUTELY IMPERATIVE THAT YOU WATCH THE VIDEO BELOW.  All of my further writing will be based on your understanding of this video.  Trust me, if you have never seen it, it is extremely interesting and it will change your entire outlook on the future of our country.  It would also be a great idea to visit the links on our Economics Page, as they will help you understand more about our current system, and how to fix it.  The video starts after about 14 seconds into it:

 

This system is the reason why a man in 1950 could have graduated from high school and comfortably worked in a factory until he retired; but this same man would have trouble doing so today.  Back then he was able to get married, have a lot of kids, and his wife didn't have to work in order for them to survive.  One income was enough for the family, and companies could still afford to give their employees pensions when they retired.  Health care was affordable, and you could go to college without having to take on debilitating amounts of debt.  This reality has now been destroyed, as companies must forever search for increasing profits, no matter what the cost is to our country and society.  If a company can save money by shipping their labor overseas, then this is what they do; partly because our economic system requires perpetual growth to stay afloat, and partly because our concept of race and nation has been destroyed.

Anyone who is willing to put aside the modern capitalist rhetoric for a second and instead choose to think logically, will come to the conclusion that the perpetual growth required by our economic system must ultimately lead to the destruction of everything we hold dear.  It will destroy our natural resources, our national sovereignty, and our most important goal of creating a nation that functions in the best interests of it's people and culture.  When constant growth is a necessity, all other things eventually become secondary.

Why would perpetual growth be necessary for a country to survive?  Honestly, a simple barter system was historically used and everyone seemed to do quite well, aside from the awkwardness of trading physical items.  A society was able to sustain itself at a level of equilibrium, only growing when it needed to in order to handle an increase in population.  To fix the problems of a barter system, money was created.  Money was simply created to serve as a medium of exchange; it was a matter of convenience. Today money, even paper money, is now treated as a commodity which can be bought and sold.  The value of a dollar changes daily, and a primary goal for people today is to make money simply by having money.  We have come a long way since the time when money only served as a medium of exchange.  But, in order for our people to be prosperous once again we must return to that very concept of money.

Why does inflation have to exist?  Our countries literally went for centuries with very little inflation, only to change recently.  Is it really imperative for the money supply of a country to perpetually grow forever in order for people to exchange goods and services?  A modern economist may try to tell you so, but any logical man will agree that it does not have to.  It is possible to create a debt-free, interest-free, and virtually inflation-free monetary system, because it has been done before.  If only the American people knew that every year, approximately 3-4 months of their salary went directly into the coffers of primarily Jewish-owned banks, then their enthusiasm for American Capitalism may finally begin to fade.

Capitalism: Not What It Used to Be

Most people who consider themselves capitalists today are well-intentioned.  This is because they truly don't understand all of the baggage that comes along with modern capitalism.  Their idealistic view of capitalism is a system dictated purely by supply and demand economics.  A very noble idea indeed, but sadly not the case today.  They fail to see that their dream of pure "supply and demand" is hindered tremendously by capitalism's dirty counterparts; mainly the speculative exchanges.  People are told by the media that the stock exchange is the beacon of free-market economics, yet more market manipulation takes place here than anywhere else.  It is our firm position that the laws of supply and demand should be encouraged as much as possible, but not to the point where it jeopardizes the integrity of our race.  Supply and demand must be encouraged for domestic production in most cases, as this is frequently the most efficient process.

However, the government must possess the power to step in and mediate when the national interest is threatened.  For example, it would be the duty of the government to make sure that companies were not off-shoring their business facilities in order to undercut other companies.  This off-shoring of labor must be strictly forbidden.  If one or two companies do it, the rest must follow to stay competitive.  This creates a cascade that will destroy the country's manufacturing and working class.  I will talk more later about how this can be accomplished without exposing the national worker to cheaper imports.  Secondly, the government must also see to it that companies are not importing foreign laborers into the country.  This would naturally place downward pressure on the wages of the nation's workers, let alone destroy the racial integrity of the country.  These, and other essential government functions are the primary reason why we do not subscribe to the ideology of libertarianism.  Libertarianism, in it's most pure form, does not acknowledge race, trade boundaries, and in some cases immigration boundaries.  Libertarianism would also wish to take any power away from the government which would be necessary to protect the nation's racial economic interests.  These factors will obviously never be in sync with a country that holds the interests of race at it's core.

As previously mentioned, in today's Capitalist society, money is valued as a tradable commodity rather than just a medium used to exchange goods.  The concept of making money by way of simply having money is a very destructive force.  When someone makes money in this fashion they are essentially stealing it from somewhere else in the economy.  Because, by doing this, they have created nothing of real value.  They have neither invented nor produced anything themselves, nor have they supplied any labor from themselves.  This system wrongly assumes that money actually has value, when in fact only tangible assets and labor hold real value.  Therefore any economic process that allows someone to invest money in a system that does not involve an equivalent amount of tangible assets or labor should be strictly forbidden.  This is commonly referred to as speculation.

When speculation occurs, it means that the concept of money has shifted from that of a medium of exchange to that of a commodity.  You must see this process as being morally wrong; because if it is allowed to occur then men will be allowed to make fortunes by making bets and shuffling money, instead of creating things of real value to our society.  Fortunes should be made by those who have created or produced things of real value, and not by those who have learned to manipulate a monetary system to their advantage.  This is why Nationalism is not compatible with our modern form of Capitalism, nor is it compatible with Libertarianism.  Today, our entire economy is made up of speculative ventures and markets.  Some of the most wealthy men in our society are those who have done nothing but sit in a New York office building, trading paper with fictional value.  If the money made by these processes is legitimized, then it therefore steals wealth from the man who is the actual creator and supplier of goods and services.  I will touch more on this under "The Capitalist Exchange Markets" section.

Most Americans today really believe that American Capitalism is the epitome of supply and demand economics, but nothing could be further from the truth.  The very fact that our interest rates, and therefore our money supply, is centrally planned by the Federal Reserve proves that true capitalism has not been present in this country since before 1913.  If we truly lived in a free market economy then interest rates would solely be determined by the market, not by a bank created to "stabilize our financial system."  By the very nature of the system, the Federal Reserve's rate changes can only be reactionary, that is to say, they can only be a reaction to the events that have already happened in the market; or to what is predicted will happen in the future.  This ensures that no regulatory body of men will ever be able to form the correct conclusions about what the future holds, and therefore the system will be plagued with mistakes, even if these men are well-intentioned.  The booms and busts of our current economic climate are the product of unrealistic interest rates enacted by the Federal Reserve: Keep them too low for too long and you encourage malinvestment; keep them too high for too long and you stifle the economic growth that is necessary for this inflationary system to survive.  

Interest Slavery

Many libertarians would therefore suggest that we abolish the Federal Reserve and let the market determine interest rates.  But, I go a step further than this.  While abolishing the Fed, why not abolish the concept of interest altogether?  Like I mentioned before, in order for a monetary system to be successful in the long run, income must not be generated from the mere fact of having money.  This is usury at its core, and has been outlawed in our societies for much of our history.  If interest does not exist, then private banks could not exist either.  This, I find to be a good thing.  This statement may startle some of you at first, because it tears at the core of your previously-ingrained economic thought.  However, you must think of it in these terms:  If a private bank issues a loan to you, you must pay back the principle plus the interest.  Even if we required that every loan be backed by an equivalent amount of bank funds, the interest charged would still have never been created.

For example, imagine a 100% reserve-backed banking system (as many libertarians suggest).  Now assume that the bank has $1 million of reserves to make loans against, using a 1:1 ratio.  In this case, they would be able to make a total of $1 million worth of loans, but they would be able to charge interest on this money.  Therefore they would lend out $1 million, but possibly demand a hypothetical total of $2 million be paid in return when including interest.  This extra $1 million does not exist.  If banks are allowed to demand the payment of any amount of money greater than which currently exists, then eventually the banks will end up with all of the money; just like a fractional reserve monetary system only much slower.  This is the primary reason why private banks must not exist, and the charging of interest must be completely outlawed.  The charging of interest also assumes that there is a "cost" to money, therefore again treating it as a commodity.  Money should only be used as a service to the people, not as a force that will enslave them in perpetual debt.

Finance Capital and The Capitalist Exchange Markets

As mentioned above, all forms of monetary speculation must be prohibited.  This means the complete abolition of the stock exchanges, currency exchanges, and commodity speculation.  These markets serve as nothing but a vehicle for wealth transfer.  Also, in a non-inflationary monetary system these markets would not be needed to "grow your money" as we are told today.  Our current inflationary monetary system and the modern stock exchange go hand in hand to systematically steal the wealth of the American people.  First, our inflationary fractional reserve system not only serves as a vehicle to collect absurd amounts of interest from the public, but it also destroys our buying power through constant inflation.  Therefore, in order to "protect our money from inflation," we are told to invest our money in the stock market so it can grow with the cost of living and reach an amount suitable for a future retirement.  Little do the American people know that they are being led into a trap.

Most people are extremely ignorant of how the stock market really works.  We are told that our economy lives or dies by the performance of the stock market, but nothing could be any more ridiculous.  The only time any money is raised by a company issuing stock is at it's IPO, or initial public offering.  The company issues the stock to the public at a certain fixed price, and collects the proceeds as a means of raising cash.  After this, the stock is then traded openly on a secondary market i.e. the stock exchanges (New York Stock Exchange, NASDAQ, etc.).  There are a fixed number of stock certificates trading for each company, which means that anytime a stock is sold someone else must buy it.  This has been the traditional role of brokers; as a middleman to match up sellers and buyers.  Many times, if a match cannot be made right away the stock is held in possession of the broker until he can find a match.  But, the overall concept stays the same.  This means that if someone makes money in the stock market, then someone, somewhere loses that value.  This also means that there will always be winners and there will always be losers when it comes to the markets.  Everyone cannot win.

If everyone cannot win, then it seems fruitless to advise every citizen to invest their money into the stock market, doesn't it?  No, not if you plan on stealing it from them.  Some of the most wealthy individuals on the planet have obtained their money through this very system, all while creating absolutely nothing of value.  They have only traded pieces of paper back and forth, while normal Americans sometimes put in 40+ hours of hard labor per week.  Hedge fund managers for example, are even able to pull off this scheme by using massive amounts of money that isn't even theirs.  They borrow huge sums of money, buy up large amounts of stock with it, and then walk away with half of your 401(K) account.  In addition to this, the stock market does NOT move based on company fundamentals, like we are told.  No, market manipulation and insider trading are very real things, and they go on extensively every day.  Read my post on stock market manipulation to get a better idea of how this entire process works.  

It is true, some of the money that has been newly-created by inflation will end up in the stock market, thus pushing the total value of the market up as time goes on.  However, this is not even close to enough money to ensure profits for everyone who invests, especially since the major market players will gobble up a significant portion of it anyway.  After the recent bank failures the stock market plunged, and we were told by financial commentators that "over $9 trillion of wealth had evaporated from the stock market."  This statement is rubbish.  First, much of this "wealth" was nothing more than fictional numbers on paper that didn't represent any real wealth at all.  Secondly, if the stock market falls drastically it means people have been selling.  When people do more selling than buying the stock market drops, and vice versa.  This means that a significant number of people just lost money, but someone had to have sold at the top for a profit.  These individuals are likely to be few in number, and could have quite possibly acquired insider information as to what was going to happen in our economy.  We saw this similar situation when massive amounts of options were placed on American Airlines in the days leading up to 9/11, revealing that not only did many people have foreknowledge of 9/11, but insider information was being used to profit from it.

In regards to the stock market, with all of the possible manipulation methods used by the major market players, the retirement accounts of average Americans can be systematically stolen.  In the period following 9/11, and now following the banking crisis, we have seen hard-working Americans potentially lose half of their entire life savings by no fault of their own.  And, since these American's lost wealth in this process, that means someone else gained wealth.  All of this wealth was obtained by creating nothing of real tangible value, yet we are supposed to believe that the stock market is the pinnacle of American freedom.  As you can see, our inflationary monetary system and our speculative exchanges work in concert to steal the hard earned wealth of the working public.

Similar methods are used with currency exchanges and commodities exchanges; one example being the unreasonable and outrageous spike in gasoline last year, leading to prices of over $4 a gallon.  Much of this spike was not created by supply and demand, but instead by speculators who never even touched a barrel of oil.  These people profit in the comfort of their office, while we pay for their luxuries at the pump.  This is also a matter of national security.  A commodity as important to our country as gasoline should never be in the hands of speculators who are looking to turn a quick profit at the expense of average citizens.  Currency exchanges are also particularly harmful.  Each day the dollar is traded openly against the other currencies of the world, and this relative value fluctuates regularly.  This is yet another example of money being used as a commodity.  It assumes that the value of a dollar can change on a daily basis, and therefore so can the value of someone's labor.  Should your labor be worth more one day and less the next?  Should we let international currency traders determine the value of your labor, rather than your own productivity?  Obviously not.

Historically the dollar has been quite strong compared to other world currencies.  This fact, combined with lax international trade laws, has encouraged the off-shoring of labor among U.S. businesses.  This is because an American business can set up a manufacturing facility in a country with a cheap currency, produce the product at next to nothing, and then sell it in America for a large profit.  This not only destroys the American working class, but it harms our national security as well.  If we no longer possess manufacturing facilities within our borders, then we become totally dependent on other countries in times of war.

The disparity in the value of currencies has great influence over our buying power as well.  When the dollar is strong we are able to afford more imports, but when the dollar is weak our exports increase.  This fluctuation in the value of the dollar not only affects the individual consumer, but it can also create roller coaster economic cycles for companies that survive off of imports or exports.  International bankers also take advantage of worldwide currency exchanges.  They are able to buy and sell large amounts of different currencies in different countries.  They can make tremendous profits from these paper transactions, which results in nothing more than the theft of a country's wealth.  This type of behavior is supposed to be regulated by international authorities, but that's like saying the SEC should have caught Bernard Madoff at the inception of his ponzi scheme.  These are the primary reasons why a Nationalist country should not expose its currency to international exchanges.  A nation's currency should represent a certain value of labor or goods.  Since the value of someone's labor does not change from day to day, neither should the value of the nation's currency.

The entire notion of modern finance capital needs to change.  A Nationalist economy should only recognize real capital; that is, tangible assets and labor.  In real life, these are the only things that have actual value.  Since a Nationalist economy should be based on these principles, then so should it's monetary policy.  In part 2 of this essay, I will explain the details of implementing a Nationalist economy.  I will discuss the following topics: Implementing and operating a debt-free, non-inflationary, Nationalist monetary policy; the role of government in a Nationalist economy including social policies; the disadvantages of a Gold Standard; handling international trade; and tax structure.  I feel that once I explore all of these areas, the entire concept of Nationalist economics will come together for you in a nice understandable package.

http://www.midwestfreepress.com/2009/06 ... cs-part-1/
After the Revolution of 1905, the Czar had prudently prepared for further outbreaks by transferring some $400 million in cash to the New York banks, Chase, National City, Guaranty Trust, J.P.Morgan Co., and Hanover Trust. In 1914, these same banks bought the controlling number of shares in the newly organized Federal Reserve Bank of New York, paying for the stock with the Czar\'s sequestered funds. In November 1917,  Red Guards drove a truck to the Imperial Bank and removed the Romanoff gold and jewels. The gold was later shipped directly to Kuhn, Loeb Co. in New York.-- Curse of Canaan

CrackSmokeRepublican

Nationalist Economics Part 2
Friday, October 23rd, 2009 at 10:28 am  

This essay is Copyright of Midwestfreepress.com 2009.  All intellectual property rights are under the sole ownership of this website and it's authors.  Unlawful reproduction of this material without permission is prohibited by law.  If you choose to copy this material to your website, please provide your readers with a citation.
Nationalist Economics in Action

This article is a continuation of Nationalist Economics Part 1.  It is highly recommended that you read Part 1 for a greater understanding of the points covered here.

A Gold Standard Should Be Discouraged

Many Americans, including Libertarians and some paleoconservatives, advocate that we return to a gold-backed currency in order to solve our inflation problems.  I agree that this would definitely be preferable to the system we currently have in place, but it is not the best approach.  There are many disadvantages of a gold standard.  The most obvious of these is the mere fact that the country must possess gold, or whatever commodity you are advocating.  This commodity must at least have the properties of gold, such as inherent rareness.  A currency could obviously not be backed by a commodity that was easily producible.  However, this is one problem that we run into with gold.  If gold is the backer of our currency, then any new gold found will be just as good as existing money.

We witnessed the phenomena of the various Gold Rushes during the settling of America.  In these cases, a portion of our population dedicated their lives to discovering new sources of gold.  This not only increased our money supply, therefore creating some (although minor) inflation, but it also diverted them from other productive trades.  During this period, America lost part of its labor force to the quest for instant wealth.  At that point, gold did not have widespread use in various industries like it does today.  No, these men sought only to get rich by producing more money.  Fundamentally, this act is not all that different from other damaging speculative practices in our current economy.  These prospectors did not produce any valuable good or service, nor was their labor incredibly useful.  Instead, their goal was just to produce new money.  No value was added to our culture or society.  Instead, new influxes of gold sometimes actually served to hurt other citizens.  As large sources of new gold were discovered the available supply increased, therefore stealing the value from the existing gold in the marketplace.

Surely our people would serve our nation better if they did not dedicate all of their time to searching for a metal that will end up sitting in a bank vault.  Basically, a gold standard is just not needed if one of the main purposes of the government is to ensure a stable monetary supply.  The only time I would advocate a gold standard is during a transition period in a country like the current USA, where we are dominated by a banking elite and we need to take the power to spend away from our corrupt Congress.  This would shift more control of the nation's money to the people, and hopefully help us break our current descent in to communism.  However, it still would not be the ideal system when founding a new Nationalist economy.

The gold supply can be manipulated or hoarded, both of which have happened in the past.  A gold-backed monetary system also does not eliminate the need for private banks, and therefore does not eliminate the charging of interest.  As I stated in Part 1, interest should have no place in a Nationalist economy, and therefore there is no need for private banks to exist.  Furthermore, probably the most ridiculous reason to base a monetary system on gold is that it assumes a metal can represent a person's labor.  If gold was used in international trade transactions, or as a backing for a debt, then a country's wealth could possibly be squandered when the population is still willing and able to work.  No, a currency must not be backed by a commodity, but instead by the productive capacity of the nation.  Take into account the following quotes taken from Ellen Brown's Website, Web of Debt, describing the resurrection of Germany's economy before WWII:

    "We were not foolish enough to try to make a currency [backed by] gold of which we had none, but for every mark that was issued we required the equivalent of a mark's worth of work done or goods produced. . . .we laugh at the time our national financiers held the view that the value of a currency is regulated by the gold and securities lying in the vaults of a state bank."

    - Adolf Hitler, quoted in "Hitler's Monetary System," www.rense.com, citing C. C. Veith, Citadels of Chaos (Meador, 1949)

Economist Henry C K Liu writes of Germany's remarkable transformation:

    The Nazis came to power in Germany in 1933, at a time when its economy was in total collapse, with ruinous war-reparation obligations and zero prospects for foreign investment or credit. Yet through an independent monetary policy of sovereign credit and a full-employment public-works program, the Third Reich was able to turn a bankrupt Germany, stripped of overseas colonies it could exploit, into the strongest economy in Europe within four years, even before armament spending began.

In Billions for the Bankers, Debts for the People (1984), Sheldon Emry commented:

    Germany issued debt-free and interest-free money from 1935 and on, accounting for its startling rise from the depression to a world power in 5 years. Germany financed its entire government and war operation from 1935 to 1945 without gold and without debt, and it took the whole Capitalist and Communist world to destroy the German power over Europe and bring Europe back under the heel of the Bankers. Such history of money does not even appear in the textbooks of public (government) schools today.

A Stable Debt-Free Monetary Policy

A stable, debt-free, interest-free monetary system is the best way for a nation to achieve economic freedom, and therefore overall societal freedom.  You may ask, "why is this discussion about economics so important?"  It is important because it literally provides the boundaries for how far our culture can progress, and can also dictate it's decline.  Our current debt-based fractional reserve monetary system, as described in Part 1, has added greatly to our current state of affairs.  Traditional White families are now almost non-existent, because both spouses must work full-time in order to overcome the effect that inflation has had on our standard of living.  Because of this, along with other reasons, the White birth rate has dropped substantially.

As a whole, we must continually go into perpetual debt in order for our current economy to survive.  This not only affects the psychological well-being of the family, but also works to steal the value of labor through the charging of interest.  In our current economy we become slaves of money; it dictates everything that is done.  Our citizens willingly destroy their own culture in the name of economic gain.  Much of this gain is stolen through the various processes of wealth-transfer seen in our economy.  We now fall into the inflationary trap, only to have more of our money siphoned away through other nefarious means such as the stock market.  But even worse, we as a people base all of our future decisions not on what is best for our genetic and cultural progress, but instead on what is the best way to improve our materialistic wealth. Under the heal of our current economic scheme our people will never be able to lead a healthy existence, as we witness further consolidation of power into the hands of small group of men.  Yes, economic freedom is an instrumental factor in achieving true meaningful advancement.

Therefore it should be the duty of any Nationalist government to provide it's citizens with two basic economic fundamentals: Money free of debt and inflation, and full employment.  Now, many reading this will be quite appalled that I am suggesting the government ensure full employment, but actually this is not detrimental in an inflation-free monetary system.  We are told in our current capitalist system that a certain amount of unemployment (around 5%) is necessary for our economy to work properly.  This concept is damaging in a couple of aspects.  First, if a generally accepted amount of unemployment is tolerated, then there is a certain portion of the population that is unproductive at any given time.  Second, these unproductive citizens then either starve or they petition the government for free handouts.

A non-inflationary monetary system can be enacted to achieve full employment, and here's how: Think of the total money supply of the country as a revolving door; what is put in is later taken out.  If the government injects new public-works spending into the economy amounting to a hypothetical 7% of the current money supply, then it takes this equivalent amount of money out of the economy through taxes, thereby keeping the total amount of money in the economy stable.  The only time the money supply would be allowed to grow would be in times where it would not result in the increase of prices, such as when full employment is in the process of being reached or to account for an increase in the population.  These public works projects would not contract with private firms, assuring that no company was profiting off of this government spending.  These projects would serve a couple of purposes.  First, they would put unemployed and unproductive people to work, making them actually provide some benefit to society.  Second, it would eliminate the need for government welfare as is seen today in America.  In a Nationalist economy, an able-bodied individual would not be allowed to sit at home and collect unemployment or welfare.  Instead they would be put to work, many times doing physical labor for a low wage.  This type of work would encourage people to avoid dependence on the government, and also help to maintain the country's infrastructure via these projects - not to mention beautify the country as well.

Since this spending is not borrowed from a private bank at interest, tax rates would be much lower than what they currently are in America.  A flat tax rate, instead of a regressive one, could also be implemented.  The tax money collected would not have to be used to pay any national debt, since all new money would be created debt-free by the government.  Instead, the tax money collected is permanently taken out of circulation.  This completes the money-in = money-out cycle.  Like I mentioned before, the money supply may sometimes be gradually increased over time without causing much rise in prices, if this new money is to account for new population or an increase in productivity.  One of the fundamental jobs of the government would be to ensure that prices remain stable over time.  This very monetary system was achieved with success by Germany before and during World War II.  Prices of goods remained constant in Germany between 1935 and 1945, despite massive war spending.            

International Trade

Since a Nationalist country would not expose it's currency to international speculation, as discussed in Part 1, international trade would become more stable as well.  Currently, the relative strength of our dollar against other currencies changes all the time.  This international market value is dependent, in large part, on how we are currently handling our currency.  Today the value of the dollar has been steadily declining over the past 7 years due to our rising spending, trade deficits, budget deficits, and national debt.   American imports and exports are then likewise affected.  When the dollar is strong, imports are cheaper but our exporters suffer.  When the dollar is weak, imports are more expensive but our exporters have an easier time selling their goods overseas.  Unfortunately, our percentage of exports relative to imports keeps dwindling, and American consumers are constantly punished by a weak dollar.  Part 1 also describes the negative impact of currency speculation on the offshoring of manufacturing.

A Nationalist economy would largely focus on making the country self-sufficient, but the importance of international trade would still be present.  There is a strong possibility that the world banking system would react negatively towards a Nationalist monetary policy, and therefore much trade may have to take place via barter system.  Again, this approach was utilized by Germany before WWII when they sought to circumvent the international bankers.  In this case the value of goods and labor would at least be maintained, as the fluctuation in currencies would be taken out of the equation.  There would also be no reason, nor would it be allowed, to shift labor overseas.  Today American manufacturers take advantage of currency markets by placing their factories in countries with a cheap currency.  This policy destroys the American working class and poses as a national security threat when our manufacturing facilities decline.

In a Nationalist economy there would be no trade deficits.  Currently America is able to purchase much more than we produce because of the fact that we allow our currency to be traded and held as a commodity.  When other nations are willing to buy our debt, we are allowed to continue this process.  Since a Nationalist economy would not treat it's currency as a commodity, and therefore not expose it to international speculation, then the ability to run trade deficits becomes non-existent.  This policy serves to maintain the working class, the country's manufacturing base, and the integrity of the nation's currency.

The Role of Government in Society

The main role of the government, besides maintaining a stable monetary system, is to ensure the physical, cultural, economic, and genetic protection of it's people.  Unlike the current USA, the role of government would not be to subsidize and empower the weakest of all citizens, but instead to enable the strongest to thrive.  It would serve to protect the natural order of man, and encourage the division of talents instead of herding the entire White population through unnecessary and expensive college curriculum.  The integrity of our educational system has been destroyed in the United States due to this phenomenon.  It's a simple concept really, that if your society requires everyone to go to college in order to get a job, then the quality of that college education suffers.  The country also loses it's working class, and must be forced to either offshore it's labor or to import foreign labor.

As it used to be practiced in all White nations, the most intelligent and school-oriented people would find themselves in an institute of higher learning that was able to provide a much higher quality of education.  Also, the industriousness of White people would be allowed to flourish once again as it has in the past.  A working White man would be allowed to be just that, a working man.  Due to the maintenance of a non-inflationary monetary system, he would be able to maintain a good standard of living this way, and his productiveness would drive his quality of life rather than the decisions of international currency traders.  The maintenance of a White working class is just as essential to a nation as is the maintenance of the intellectual and academic classes.  This must be common sense to everyone, as not every man and woman are cut out for college studies, yet that's where we send all of our children today, thus destroying both the integrity of our academic institutions and the sovereignty of our workforce at the same time.  Therefore, it is imperative that our government ensure the maintenance of a complete and diverse workforce, unlike the American "service economy" of today which only serves to make us dependent upon foreign nations.

In order to achieve the economic, cultural, and genetic progress of it's people the government must be given the authority to make swift, authoritative, and unilateral decisions.  It must have the necessary degree of autonomy to ensure that damaging or exploitative economic practices never take precedence over the interests of the people.  This notion of government may be at odds with many Americans, but it is absolutely essential that a Nationalist government have the power to make sweeping decisions to protect it's sovereignty.  If there is an illegal immigration problem the government must have the power to immediately end it, instead of going through the foolish parliamentary bickering process in which no substantial degree of progress is ever made.  If the government observes economic practices that are damaging to society they must have the authority to end them in their tracks.

This inevitably means the end of our liberal democratic system, which again is absolutely necessary.  The decline of Western cultural dominance can be tied directly to the widespread adoption of liberal democracy.  This is because the weak will always outnumber the strong, and therefore the decisions of the weak will ultimately triumph.  Americans have voted themselves into their current mess.  They have let Jewish media influence dictate our culture and political discourse for decades, and there is absolutely no legal way of stopping it.  By following our current political system, our only chance is to hope that the masses will disregard their immediate individual interests and vote for what is right for our people.  Unfortunately this hope is unrealistic to say the least, especially considering that most ordinary people are incapable of making such decisions at this point.  Furthermore, without the proper safeguards in place there is no stopping the re-infiltration of Jewish and liberal influence into our society if we play by the rules of America's "democracy" and "free markets." It is this "freedom" which has allowed our culture to be stolen from us.  The concept of American "freedom" is a farce.  Americans are only free to participate in matters of self-indulgence.  We are not free, however, to pursue what is truly meaningful in life - the quality and future of our people and culture.

Click Here to Read Part 1

Filed under: Midwest • Nation • Nebraska • World

http://www.midwestfreepress.com/2009/10 ... cs-part-2/
After the Revolution of 1905, the Czar had prudently prepared for further outbreaks by transferring some $400 million in cash to the New York banks, Chase, National City, Guaranty Trust, J.P.Morgan Co., and Hanover Trust. In 1914, these same banks bought the controlling number of shares in the newly organized Federal Reserve Bank of New York, paying for the stock with the Czar\'s sequestered funds. In November 1917,  Red Guards drove a truck to the Imperial Bank and removed the Romanoff gold and jewels. The gold was later shipped directly to Kuhn, Loeb Co. in New York.-- Curse of Canaan