Whose idea was it that the world uses the American dollar as its gold standard? Why is it that the letter in the middle of the seal relates to the treasury from which the bill itself originates?
Why not a number? Or a state insignia. Why just one of the first twelve letters of the alphabet? Perhaps it’s because there are twelve notes in the standard octal scale. Perhaps not. Are there that many? Who could have made more? Why are we not using the number of notes on a diatonic or pentatonic scale?
The proliferation of petulant persistent perfunctory pessimists needs a new association. I have invited the totality of them to join “Kyle Koolidge Knows Best” on Facebook. Another creation you will deny the origination thereof. However the solution to the world and the rest of the universe is found therein.
Of course no one with triskaidekaphobia actually carries a one dollar US money note. There are 13 uses of the number 13 on the note itself. Even the 13 berries are somewhat hidden from the average observer, let alone the 13 leaves below Washington.
At one time I was somewhat adept at the locally know tri-hexa-flexagon. Seems it has gone out of style. Many of the lesser arts have slid off the perpetual runway of life. So this gets us to today’s point I was discussing here-to-fore. The folded note is an art. Fold it lengthwise first then sideways next. This will force expansion of the paper and keep it in your pocket if you are not using a wallet.
Wallet? Mine is generally an inconvenience. I like to use the cash and carry method. Hence, the folding tricks for the cash’ola. We come to the point where the never ending penchant for consuming is consuming us. We shop, buy, purchase, obtain, and besiege the retailer for the sake of acquisitions. Why do you think Terra-bound retailers and in the Ethernet retailers are so quick to get flash card payments and debit and credit methods? It’s a cuz’in so you don't KNOW how much you are popping off on that widget!
It’s a transaction not a trade. Marco Polo would never have gone for a promise to pay in the future. No cash, no trash. This is not a comment on WHAT you are getting, it’s a comment on HOW you are getting. Getting without the pain. How much was that last coffee at the fast pay card depot? You think Timmy cares? Nada! You flash it off as if it was just a physical thing. Costs ya nuttin. Dud’nt it? Yeah and then you go on the interweb thingy and chock it up some more. Never saw the cash never touched the cash. Dirtiest thing in the retail industry.
And for good reason. It sits now in the vaults of banks where they charge you to get it. Charge you to put it in, and charge you for having it. The few who have mattresses stuffed with it, are the few who know the value of it. Get the new TFSA account at the banks. They are advertising them everywhere. Let’s run the numbers.
I deposit $5000. For a year. The interest paid out at 1.4% per annum is $70. At a 50% tax bracket, (assuming you need to be in that bracket to have five grand hanging around). You can keep the $35 dollars. Great!
‘Ceptin you forgot a few things.
CPI last year was %2.9. So the $5000 at the end of the year is only $4855. A difference of $145. But remember I saved the $35 dollars in taxes. Hence, $35 minus $145, equals minus $105. At the end of the year I am in the hole $105 dollars to save $35 dollars in taxes.
Hmmmm, who comes out ahead? It’s either the place where you keep the money or the people who print the money. What would your guess be? Well there is a direct link between the people who print the money and the people who tax you. So the government, who has given you back the $35, has $4855 fewer in circulation. Which means, they have to guarantee that much less to the international money markets and the banks. “They” by the way, are now getting their cash for %1 even.
So let’s run the numbers again. $4855 at %1 equals $48.55. Now they have just given you back $35. So they have saved lending out the $4855 because you have put it in the bank for a year. $35 minus $48.55 equals minus $13.55. The GOVERNMENT has just saved $13.55, and it cost YOU $105 to let them do it. Dollar for dollar not a bad way of getting the Vox Populi to pay for re-upping the national coffers. This also puts the nation in a better “spend” versus “savings” ratio which is used to ensue the solvency of our nation! And to think it will cost you only $105 for every $5000 you put in a TFSA.
Let it snow, let it snow, let it snow.
Mark Hull
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