Lost Value & the Economics of Entitlement

Is there value in Demand created by a market? Is the U.S. (the American People) a market? If the answer to these questions (both) is “yes” then you’ve begun to understand the great economic battle the American public is losing and which centers on a concept which I refer to as the Value-of-Demand Principle (VDP).

Few economists understand the concept and even fewer politicians grasp its significance. The entire notion of economy centers on a fundamental attribute that we think of as demand. Without demand there is no command for supply and without your own economy (some “thing” you have or produce which you can offer to exchange) then supply becomes supremely meaningless.

In the present scheme of things the method employed holds “supply” as preeminently key and completely ignores the more critical attributes explained by way of the VDP. Never forget that all economy is local and for one very simple reason; Demand is the point of origin and that origin is always local and NEVER Global; ever!

Entitlement by Government exists because there is no cogent policy for developing, expanding and preserving the local economy all the while using debt, which is exponentially counter-productive, as a substitute-economic tool for the ever-evaporating economy, and which serves to accelerate the destruction of economic vitality and capacity.

Curtis C. Greco, Founder

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