Page 17 - Michael Journal 2020 March
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Accessing Goods Requires Money-Tickets
by Louis Even This pattern is true for all goods despite inten-
When we speak about economics we are re- sive sales and marketing strategies.
ferring to the process by which the goods of the Goods, wealth in other terms, exists. Access,
earth meet and serve the needs of the population. in the form of money, is missing. Essentially,
The cycle is incomplete if we consider pro- goods are made for the public but the public does
duction alone. We can say that not have the money to obtain
economics has not met its goal the same goods.
if goods do not meet their des- Money
tination, which is consumption. Money is the essential in-
It is not enough to grow wheat: gredient in obtaining available
bread must make its way to the products. If there were no goods,
stomach. Similarly, shoes must money would be useless. Since
shod bare feet, clothes cover goods are available but money is
naked backs, homes must have not, the public is deprived of an
necessary furnishings and wood abundant production of goods.
must make its way to stoves and
fireplaces. Which is more difficult? Pro-
Economics is successful ducing food, clothes, homes and
furnishings or ensuring access
when the cycle of production and to them? Even though produc-
consumption is satisfied. It is un- tion is more difficult we have
successful when the goal of con- an ample supply; access is the
sumption is not met or only met problem in modern economies.
for a privileged elite. Access to goods is by a stan-
Each person is entitled to an dard route: coins, printed paper
optimum amount of the earth’s Louis Even money or bank account entries.
goods, at least in an amount suf- The key is the possession of
ficient to provide for life’s necessities. A system these forms of money.
that does not guarantee these necessities of life to
all members of society falls short. The Church has Who adds wealth to the world? Workers.
asserted this. Who creates access to the world’s wealth?
Wealth is abundant Bankers.
Food, clothing, dwellings, furnishings, fuel, Workers, aided by technology create an abun-
medicine, education — these are the goods that dance of wealth. Bankers, abetted by a diabolical
support and enrich life. system, cause scarcity by restricting and control-
Today, it is straightforward to produce these ling credit.
essentials. Everywhere these items can be pur- Money, the ticket to goods, is scarce for two
chased. Buyers are what’s needed today, not reasons. First, the banker, when issuing money-
workers. tickets into the world, places them in circulation
The issue today is not growing wheat but en- for a limited term before requiring they be re-
suring that bread is in the pantry. Shoes can be turned. Secondly, he requires that more money be
returned than he issued. It is no wonder that the
readily manufactured but ensuring feet are shod is
a challenge. Why is this so? tickets become scarce. There would be less than
none left were it not for public debts, mortgages
Indeed, the hungry person needs food. Why on farms and houses and numerous bankrupt-
does the satisfaction of hunger not match the cies, all of which represent tickets that were not
ample availability of food? Coal is available and returned at the end of the term set by the banker.
stoves need coal. Why are stoves empty while the
coal miner sits without work and children shiver in The money makers, the bankers, determine
unheated dwellings? the quantity of tickets and therefore determine our
standard of living.
Why are sick persons and the medications they
require not congruent? We do not eat in relation to the quantity of food
18 MICHAEL March/April 2020 www.michaeljournal.org
