That is a scene from a classic movie where the actor who usually played in Westerns played as an Irishman in Ireland.
But what if when a member of organized crime was arrested and charged with racketeering, instead of all his money being confiscated it were confiscated and incinerated?
Follow the logic here. He didn't earn that money so how could it have value?
You and I the public know that money wasn't earned. We know that it was attained from criminal activities. Is that money good with you? Perhaps it is.
For that money to go back to .gov and spent or somehow redispersed somehow lessens the credibility of .gov?
For example it can't be said a criminal operation was allowed to exist because it increased revenue? And I know the wording of that sentence sounds funny, but intentionally so.
But if that criminal money were destroyed would not the money of everyone else, the honest, the American people be worth more? Somehow I believe that to be true.
And I am not even going to attempt to make that align with any economic theory concerning the money supply, it is way beyond that.
© 2023 Thomas Paul Murphy
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