The Price System

David Michael Beechwood

• Publisher: Christian Faith Publishing, Inc.
• Year: 2018
• ISBN:
  9781642580372
• Topic: Business
• Subtopic: Financial Risk Management
• Index: Business

Many of us think we know what the price system is, and because of this, we do not take the time to explore it to any real depth. This one mistake is perhaps the biggest reason our economy is in such bad shape. It is the reason countries around the world have the economic hardship that they face today. You can do something to help the world dig itself out from under these problems.It is said that knowing about a problem is the first step in resolving that problem. Knowing about the price system could save your economic life, your family's future, and perhaps even the planet. These are big claims, and it is hard to believe that the price system could be threatening all of these things.This book addresses those claims in a way that is easy for the reader to follow. It is not a book about accounting, as the name might suggest. It is rather about the intrigue surrounding the diabolical system that you may have thought was harmless. For many people who read it, it will be an eye-opener. Some people with vested interest in the price system would rather you not read it. This book is not written to favor "them, " and "they" stand to lose their control should you begin to see the world from a different vantage point. This vantage point could be many times more precious to your personal freedom and sense of well-being, than you could imagine. Granted you will not like some of the things you hear, but personal growth generally demands that you face some pain first. In a way, it is a self-help book, because it presents a new worldview that puts you on the spot. This is not my attempt at hype, but it is my honest attempt to encourage you to find out just what the price system really is.

Chapter 1

A Review

Right now, you might be saying to yourself, “A review, shouldn’t that be at the end of the book?” Well in this case, it is a review of a few basic definitions. These definitions will assist in getting us on the same page, so to speak. They might possibly help us to understand, a little better, why we may not be of like mind to begin with.

The review is also helpful because we are not all walking dictionaries. That is my way of saying that most of us do not have total recall. To make matters worse, we sometimes bend the definition of what we think a word means, only to find out later we were off a little. Even the price system itself has tampered with these definitions to further corrupt our understanding.

One further pitfall is the multitude of meanings for the same word. Many times, we have quite an array to pick from. Because of these difficulties, we need to make the effort to brush up or review a few words that will be touched on in this book. However, before I provide those definitions, I will present a short backdrop of events and the necessity for a book such as this.

Here in this book, when I speak of the price system, I am referring to the main feature of the economic plan, which unfortunately most of the world shares, even China, Iran, and Russia.1 It is a plan that allows a small percentage of the world’s population to control the whole world’s economy, and they do so in their favor.

Rarely does anyone, in the main press, talk negatively about it. However, this book is devoted to pointing out a good number of the problems that the price system forces on the world. By pointing those problems out, it is easier to see the need for a better economic system.

For example, in the recent past here in America, we witnessed the fear generated by the U.S. Treasury Department and the Federal Reserve during the severe financial crisis of 2008–2009. The Treasury Department, headed by a former Goldman Sachs chairman, called for massive bank and large business bailouts. These were fearfully spun on the public through the proceedings there in Washington DC. The former head of a major corporation was running our Treasury Department at that time.

That department, which is supposed to be working for the public, was being run by a major player from the private sector; for many people, this was a conflict of interest. The conflict however was smooth over by a very accommodating president, congress, justice department, and press. Each of these entities, I hope to demonstrate, is tied heavily to the price system. This is why conflicts like these continue even to this day.

Many of us that watched those events in Washington DC, felt our stomachs turn as the troubling fragility of our system of economy was explained to us. Of course, they didn’t tell us the whole truth as to how the economy works. We were given cover stories, which only represented half-truths—only what we needed to know so that they could get the money. Those half-truths were, of course, frightening enough to get the citizens behind their bailout scheme.

Consequently, great haste was generated to repair our economic wounds. Fear was used to create that haste, which left those that indirectly caused the problems in a controlling position. The measures, which they put into place to strengthen and protect the economy, were said to have done little to nothing to tackle the real problems. Some people have said that many of those so-called corrective actions have actually made things worse.

Those real problems behind the economic meltdown were left majorly unaddressed or untouched. These are the issues that were hidden behind the price system’s veil. If discussed, they would have explained why our economy really began to unwind in the first place.

Here is something even scarier to consider—very few people went to jail. On top of that, some of them that did go to jail only received very light sentences. This was amazing considering the extent of the damage they caused is still painful to us today.

Trillions of dollars were lost, and heavy debts were imposed on the common people so that the economy could be fixed. Why then did so few go to jail? That question should force you to consider that perhaps, there really is a group of controllers in charge, protecting their own.

Their cover-up stories are springing leaks. Even today, bits and pieces of the truths continue to materialize as facts are exposed. Their lawyers however are clever enough to spin new stories, but even those don’t line up. The principles explained in this book, concerning the price system, should help you to better understand our economic woes and just why things don’t always add up.

I hope to show you that the reason our economy got into trouble is because of the price system itself. It is also the reason that little was done to fix the problems. This is because the price system needs those loopholes and many other tricks to function.

The lack of effective corrective action and the lack of truths point a finger at what I am trying to say. While the foxes control the henhouse, we may never know what really happened. This means it can all happen again, and it is likely just a matter of time. If the failing support columns in our economic structure have only been temporarily supported, should we not consider other economic options in the event of that potential future failure?

Many people believe that a major overhaul of economy and government is necessary for progress to be expected. There is no question that none of our existing leaders have the ability to change the existing economic system or government. They can’t, at least head on, correct it in a major overhaul fashion.

Perhaps, the issue of the debt ceiling reflects the extent of their ineptness the best. These are the fearful words of former Michigan Representative John Dingell in regard to a question on the federal debt ceiling:

Obviously, on the debt ceiling, you’re going to have to raise the debt ceiling. If you fail to do so, you’re going to have a massive problem. Interest rates will skyrocket. The dollar will lose its privileged position as the world currency. The market will go down and we will be very, very, sorry.2

The price system thus has its tentacles wrapped around almost everything and almost everyone, so it seems impossible to get out from under this monster. Judging from Mr. Dingell’s response, he also thought so; and I would venture that the majority of congress agrees, or will ultimately agree, each time the debt ceiling is brought up for a vote.

It also stands to reason that given the current mischief going on within the monetary system, the collapse of our economy is inevitable. It is simply a matter of time. Only a few people know when that might occur, and how hard the system will fall. I am hoping that it is several years away so that this book might be of some value to those who might want to prepare a new way forward.

I suggest here in this book that instead of wasting our time fretting over when the system will collapse, we use the time to explore our options. This is something we can do ourselves. If we let the perpetrators of this existing corrupt price system do the planning again, for their new system, then we will get more of the same.

This would be more of those same selfish ideas that are designed to fail at our expense and not theirs. However, in order for us to do some initial planning, we need to try and bring ourselves up to speed on a few concepts. We need to attempt to align our minds somewhat. Why? So that when we discuss these issues, we will be together on the basic understandings of the terms we are about to talk about.

I am about to present to you some definitions that are important for us to at least have a general idea of. These definitions will be used in our discussion of the various options we will consider in building a new economic plan. It is good to be familiar with them. You don’t have to commit them to memory. Consider this a light refresher.

One goal of this book is that you have a clearer idea of what is going on in our world. Then, when our leaders explain to us why we cannot pay our bills, we will see behind their veiled attempt to mislead us again. They might coarsely say to us, “It’s the economy stupid,” meaning it’s not their fault. The information in this book should help you to know it is more likely the stupid economy’s fault. That is the price system’s fault not yours.

As you will see by the definitions below, economies are more or less wrapped up in governments of one type or another. This adds more confusion to the process and an increased need for the understanding of terms. For planning purposes, we need to have a basic consensus on the following terms...