Letter to the Editor: Made In America
Published 5:15 pm Friday, October 4, 2024
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America would have no concerns about shipping strikes if America was an independent nation instead of the dependent nation it has become if goods were once again “Made in America.”
The reason goods are no longer made in America is because overtime, the unpayable cost of money creation or interest, has been constantly added to the costs of goods and services. This causes a loss in purchasing power and increases costs of living as the unpayable debt increases. This drives labor to press for higher wages. In 1938 minimum wage was 25 cents per hour.
Higher wages put pressure on business profits. This pressure drove American business to search for cheaper labor overseas eventually making America a nation dependent on other countries.
The solution to restoring Made in America and America’s Independence is to restore the principle of a debt free medium of exchange. Money would once again be created and spent not lent into circulation thereby reducing the debt and purging the interest debt from prices while restoring purchasing power. Once again, we will be Independent and ‘Made in America’ will make sense.
Gregory Soderberg
Austin, MN