Wealth

I have said before that wealth is not money. The wealth of a nation is the goods available for consumption, and it is the producer of goods that creates wealth; government creates nothing good. Consumption is necessary, but it always destroys wealth. Savers on the other hand are a great blessing to any nation because they do not consume all that they could, and the goods they save are available for someone like an entrepreneur to borrow, allowing him to develop new or improved lines of production. The result of saving is an increase in goods and in prosperity. When any nation produces more than it consumes, its prosperity increases. Why is this simple truth so difficult for the pinheads in control of the economies of this world to understand?

When the glorious leaders hand out counterfeit money to encourage consumption, they encourage the destruction of wealth and an increase in poverty. When savings are squandered, there are fewer saved goods for the entrepreneur to borrow, and production declines. The enemies of real wealth and prosperity disguise themselves as our saviors and benefactors, but they are like an all consuming fire devouring the future for the sake of pleasure today.

Look to the ant you sluggard! Save, and prepare for the winter ahead, and when winter is over your savings will be a blessing to the nation.

The (insert you favorite here) Government Reform

A common and very dangerous misapprehension is that money is wealth. A moment's reflection should reveal the error of this way of thinking; just consider the Yen vs. the uS Dollar. Today, one uS Dollar is the same as 88 Yen, so is Japan 88 times as wealthy as the uS because they have 88 times as much money? Of course not. If we multiplied the number of uS Dollars by a factor of 88, would we be any richer? Well, whoever got the new money first would be, but as a whole, no.
Wealth is the goods you can buy with your labor, and the monetary unit is irrelevant in that respect. Zimbabwe is very poor because a day's labor will barely keep one alive for another day. The uS is relatively rich because a day's labor will feed a family of 4 for about a week. Goods are wealth, and the more excess of goods that are produced in a society vs. being consumed and destroyed, the wealthier that society can be.
Government produces no goods, because everything they have must first be taken from someone who produced that wealth. Government can only take and consume goods and so destroy wealth.
The so-called "Reforms" we are inundated with these days are nothing more than huge increases in the size of government, which as I said is a net destroyer of wealth in any society.
When it comes time to vote next year (if you are so inclined), remember that Bigger Government = More Poverty and vote accordingly.