America Shift From Debtor Economy to Cash Economy

America Shift From Debtor Economy to Cash Economy
Thoughts of author Prof. Dr. Thomas Fletcher Grooms
The Father of Market Intelligence

The Federal Reserve has unintentionally shifted America from a credit economy to a cash economy. The Fed policy of 2% growth over the past century has proven to be archaic at most, destructive at least, and led many a nation to ruin.

Since 1913, the Federal Reserve has served its few stock holders profitably well at the cost of sacrificing the dollar and making Americans poor. The Fed advocated the use of fiscal and monetary policies to mitigate the effects of economic recessions and depression in lieu of allowing free-markets to naturally adjust the national economy by free-trade.

This has brought us to this point today of a quietly growing underground economy and voter swell of resistance. Over half of Americans can only afford to make solely interest payments and not pay down the debt.

In 2026, what America is experiencing in its formidable decline today exists from a direct cause and effect of the existence of the Federal Reserve in collusion with support of both political parties for over a century. A practical education can be a great experience, but what we are living in now is ignorance and illiteracy of Keynesian economic thought, a holdover from last century.

Since the zenith of America in 1963, Americans have experienced a gradual steeping decline in the value of our currency and standard of living. This intentionally engineered and orchestrated by our Congress, Wall Street and Fed central banks has finally caught up with the nation and the world.

Those responsible for the welfare of America abandoning the fundamental pillar of neoclassical economics have embraced socialist economics for votes. The evidence is in our news daily, on the streets, in parliaments, in the headlines, and felt deeply in the pocketbook of people in every country all over the world.

Yet, the same people in all countries continually elect and vote out of duplicity, the same failures back into office who refuse to abide by the people’s wishes of what they want and desire. It’s not much, just a few decencies that won’t make the politicians any more money.

In America, we have seen failures in Congress legislate a toilet that won’t flush, refuse to remove day-light-changing- time, and prohibit courts from convicting people on circumstantial suspicion instead of evidence. Thus, allowing the federal department of education to ruin our schools instead of letting neighborhood communities determine the quality of their schools, and legislating bad economies to make a few richer.

What is it about this world where there is always someone around who knows better and wants to make the decisions for everyone else. Would any of us really be better-off if we weren’t so micro-managed …?

Because of the Fed policy of a 2% economy, the American people have shifted away from a credit standard of living to daily living in a cash existence. Only the uneducated and illiterate continue to use credit in the existing economic market condition.

Whether it’s the Fed or the President … the world might be a lot better off if everyone would just leave everything alone and allow liberty, independence and freedom to work on its own.

My coming book, the Rule of 5 next year, will give an in-depth explanation of the new economic theory.

Caveat
This article is based upon extensive reading, research and experience.
The thoughts are the sole opinion of the author and nonadvisory and nonpolitical. The written content is based on experience, opinions, and ideas and research of the author. The author is not engaged in rendering advice. Quotation of passages for purposes of academic research, academic papers, criticism, education, review, and teaching are permitted with proper acknowledgment of the author. All rights reserved.