User:Prisha Thakkar/sandbox

Introduction
Transfinancial Economy (TFE) believes that new subsidies, which are mostly not consumed, can be generated electronically slowly in the economy itself. If enough can be produced, this should not lead to high inflation or excessive inflation (for example, the first TFE is quantitative dilution or quantitative easing). However, since more resources are needed, they can be very flexible and require traditional electronic controls. However, we can monitor and control TFE inflation so that free market prices rise and fall naturally (e.g., Improving TFE). Such a program can raise taxes and interest. This is a traditional way of controlling inflation to reduce cash flow. But such a flexible controller is much more complex and useful. Finally, TFE means that many ethical / social and environmental projects (large and small) can be funded totally or partially unprecedented. Of course, the only limits are limited natural and human resources.

One day TFE can be considered the most important achievement in the history of the economy. One of the reasons is that we can understand economics very accurately in real time (or almost real time). Of course, it does not exist in today's economy. We can also ideally create a reliable "stock" of rare resources used to produce goods and services in real time.

== Legal access to financial power and the possibility of decentralization. ==

i) Democratic National Government:
Instead of increasing direct taxes on incomes and increasing indirect taxes on goods and services, this organization can order income and indirect taxes on goods and services in a measurable way to produce new funds, and order production. Genuine new Tesque vehicle banks measured with new funds. Therefore, programs such as health care, the army, police, social security, courts and other financial expenses. Story reform is also more intense. Profit and cost reduction, which can cause various social, economic and political problems, is a thing of the past. In addition, tobacco, alcohol, etc., which will be redefined as private costs or civil penalties. There are import duties and taxes on it

ii) Local government:
this organization may be responsible for ordering the creation of new money from the Treasury bank without the need to pay local taxes. Therefore, some community programs will be financed and reformed as necessary.

iii) NGOs or non-governmental organizations:
Many do not need to be public or wealthy politicians. Instead, we can get new funds (as it is today) through foundations or trusts that will order grants to create new money. This financial institution is independent of the government and transnational corporations or the TNC. The money obtained from the Grant Creation Bank will be given to some NGOs by the trustee and the foundation. Third World, charities for heart disease, cancer, AIDS and other human causes can be fully funded. However, others are lonely and some are financed with new money. The effects of all this for democracy and humanity are enormous. With the significant financial strengthening of CSOs, decentralization of the central government power if desired. This point is very important today as a policy, and politicians have clearly lost all credibility and need new alternatives. The above represent the Human Fiscal System of the Investment Economy or TFP. On the other hand, the Financial Economy System is a place where employees or people who work as controllers of a company make money. The two systems interact with each other. From an objective point of view, it is important to understand that new money, which is not yet an income, is as valuable as money that is repeatedly earned. In the case of important social, economic and political issues in TFE, we try to create a more advanced financial system that seeks to prioritize mankind, not just money. Of course, without effective planning and relevant resources, finance itself is useless. This applies to governments, NGOs, everything in life. But ultimately, no matter how advanced our social, economic and political ideas are, reform can be financed by someone, or something like that. This is a simple and inevitable fact. In TFE, money is considered a force that controls the use of limited resource misuse. We can help change the world by rearranging. The aim is to maximize the good for humanity. When we talk about creating “new money Ş, of course Chile shows what this electronic transmission means. Cash is an almost absent part of the total money supply. It is important to understand that it is a free lunch. Government agencies accept "free" money as grants that have not yet been received. Likewise, a will in which the beneficiary receives a large amount of money (although of course initially achieved) is something that is not “won“. Therefore, this is an example of a free lunch.

Inflation, and Advanced Computer Technology
Inflation can be defined as the persistent rise in prices. As money outstrips the production of goods, and services their retail cost to customers goes up. At the same time, this can lead to the devaluation of currency. Thus, someone on a fixed wage may find that their cash buys less than before.

In the past notably, there have been attempts to control inflation directly via policies on prices, and wages. These had mixed results, and were only temporary measures. At present, indirect methods to control inflation are used by raising, and lowering interest rates.

In TFE possible super-computers could be used to keep an eye on serious persistent price rises. It is a direct attempt at controlling inflation itself, and far more advanced, and effective than the old approach. Essentially, the market in part continues to determine price, and wage changes. Such financial interactions are recorded on super-computers (or perhaps some form of upgraded computers). However, if there is a serious persistent rise in inflation of prices, and/or wages they are automatically fined, or capped. This appears on a bank statement.

The Problem of Redistribution.
In TFE there is no redistribution of financial wealth. Rather there is a greater distribution of new money. The problem of redistribution at the present time is that the money involved is earned, and based on the productive capacity of the country. TFE goes beyond this to make sure that most social, economic, and political programmes, and projects carried out by democratic governments, and NGOs are properly funded as never before. The Major Anti-Tax Arguments.

There are a number of excellent reasons for the abolition of direct and indirect taxation. They are as follows.

1. It is now a gross absurdity to raise money through taxation when it can be easily created in a measured way by the relevant authorities without fear of hyperinflation

2. Everyone is entitled to all the money they earn, and as such it is morally wrong to have some of it deducted for tax purposes when it is no longer necessary.

3. It is highly unethical to fund any waste, and abuse of government spending. 4. Increasingly, the super-wealthy are finding legal loopholes to avoid tax, and as such they are not paying their fair share into the system.

5. It is we, the people who create the real wealth of the country in the form of products, and services.

Sustainable Economics and Resource Scarcity.
In the present era we live in a high growth economy. Green Sustainable Economics believes that this has lead to over-production, and over-consumption. It suggests that people should simplify their lives, and reduce their wants so that little, or no more natural resources are used up. In other words, it ideally sees the zero, or stationary growth economy as "the way forward." In such a world people would live in small self-organising, and self-sufficient communities consisting of family businesses, and cooperatives

The Third World and the Transnational Corporations.
Year in, and year out millions of people mainly children die in Africa. This is a wholly unacceptable situation. To help relieve poverty a number of NGOs notably exist, but if they had legal access to continuous funds they would be able to do so much more in the way of better health, free education, and setting up self-employment projects. At the same time many lives would be saved from useless, and pointless death. With TFE this would be possible without public donations, or indeed, government aid. The ultimate aim of such Third World NGOs is to help the poor help themselves.What are needed are genuine international trading laws which favour the poor as well as the rich. This could happen via Simultaneous Policy. In TFE, there are two key approaches to this problem. NGOs concerned with such matters of corporate responsibility would be able to successful challenge, and perhaps even reform the TNCs with various business tactics .Another more positive and constructive approach is Ethical Business Conversion or EBC discussed in connection with the oil industry.

Greater Equitable Income.
Though not as appalling as the Third World a certain amount of poverty exists in the rich nations of the globe. With TFE there is always the finance available to genuine democratic governments, and NGOs to alleviate it. At the same time, there are a number of ideas which exist on paper, and in reality to deal with this. These include the basic re-occurring theme of people owning a fair share of the profits of a company. In a genuine cooperative where money as profit or wages is shared equally there is a possible problem. It could well result with having no capital to fund greater expansion. In TFE, it may be eligible for new unearned money as a business grant. A more astonishing aspect of TFE is that special businesses, and and/or NGOs could be created in the future. With increasingly automation jobs would become very difficult to find until a stage is reached where most of the population is jobless. In Binary Economics a large number of people could live off the profits generated. In TFE new forms of "work" could also appear where, and when necessary which may be more akin to "leisure-type" activities. This would all be paid for by new unearned money rather like the Auto-Profit concept described earlier on with banks. This of course would be a revolutionary step forward, as it would mean that in the future people would still have more than enough money to buy products, and services. Ultimately, this medium of exchange would be abolished, and everything would be free on demand.

Non-Taxation Past, and Present.
Tranfinancial Economics, or TFE is a new paradigm in so far as it is a modernization of an old concept. Self-supporting communities have always existed with little or no taxation.Social Credit which was founded back in the early 20th Century by Clifford Douglas believed in new money, or rather what it termed debt-free money. It claims that if sufficient amounts of it were created there would be no serious inflation.

Abba Lerner the founder of Functional Finance appears to have believed that savings could lead to a situation of lower taxes, or indeed, zero taxation. John Gelles came up with the same ideas independently, and is a prolific emailer on monetary reform, and related topics.John DeSantis, in Baltimore USA had a vision of economic reform in which taxes would not exist. His ideas appear on a website, but as he himself admits they require improvement. Shauna Mckay has similar notions with her ideal of the Perfect System. Xat.community org. is a LETS group, and believes in Non-Taxation, and has even made the claim that alternative currencies would ultimately replace legal tender! Also, an engineer called Theodore Thoren used mathematics to claim that zero taxation was possible. Tranfinancial Economics, or TFE does not pretend to be the ultimate panacea for all things social, economic, and political but it does offer a powerful new approach which could help to solve many problems.