In a world where we couldn't do without money, the only way a government secures it's tax and cash flow for economy is in the turnover of buying and selling possible only with some form of confidence in the mind of the citizen, assured that this singular tin of coffee isn't going to be regretted when malaria comes knocking at the middle of the month.
So how can you spend when the cost of living is above the ordinary, and the things being bought are equally substandard.
Financial confidence is the ability of a citizen to spend their money, assured of certain things like the value of currency, social amenities and economic security. Important because it create the cash flow that churns tax provided that the government would do well to take care of the amenities like healthcare housing among other things, gotten from effective taxing that would create the enabling environment to get the citizens to spend money for a steady tax inflow i
Financial confidence is the ability of a citizen to spend their money, assured of certain things like the value of currency, social amenities and economic security. Important because it create the cash flow that churns tax provided that the government would do well to take care of the amenities like healthcare housing among other things, gotten from effective taxing that would create the enabling environment to get the citizens to spend money for a steady tax inflow i
When a citizen financial confidence is attacked, his spend have become truamatize as a consequence the government would also suffer
without welfare a citizen couldn't spend government couldn't tax, hence no revenue.
Any reasonable government ought to know that the tax churn to welfare ratio ranges around 60:40
But with the onus of shock and awe, disaster capitalism what is financial confidence where could you find it when the price of transportation and clothing takes more than half of what is required for feeding.
But with the onus of shock and awe, disaster capitalism what is financial confidence where could you find it when the price of transportation and clothing takes more than half of what is required for feeding.
A man has to act like a man when required but when the economics is just against him it takes a rather uncanny man to put all his hope on God and not utilzed some of his brain and save for any form of eventuality
Since the Average Number is responsible for all of his social amenities, for water he buys and fetch water, he rents apartment, he has no government HMO, If he is injured it is an unplanned expenses he has to remove it from somewhere or borrow from someone.
So why will he spend when he can get a call at any time that his aged mother is dead and he had to be a man almost immediately
So a page from communism at least xosicalism is still need for the still ephemeral flourish of capitalism. it isnt natural for man to live on a market society. but if we're to be the norm sacrifice would have to be made by thee powers that be to ensure its continuance.
Without financial confidence, Your citizens would hoard cash, and who could spend scars as they are, The government risk losing its citizens and taxes to the hard wrought eventuality of the apathetic, turning it into pockets arnacho communist communities spending seeds and living minimal besides her.
Financial confidence is the new Maslow need.
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