Imagine Legislation That
Benefits Americans with an Unprecedented Economic Boom
 

The exact amount of public and private debt to be eliminated by NESARA is unknown. Estimates depend upon the assumptions of those making them, but numbers in the range of two trillion dollars are reasonable.

The one sure expectation in this scenario: Americans suddenly free of massive amounts of debt will immediately go on a spending spree. Prices will naturally rise with the higher consumption of consumer goods, even in the face of a 14% National Sales Tax, and will reach epic proportions. Those higher prices, largely due to demand rather than an increase in the available quantity of money, encourage the production of more consumer goods and services.

With full implementation of NESARA, all Americans enjoy an unprecedented economic boom, the economy expanding at a long term annual rate in excess of 5% and perhaps with initial short term growth surges at better than 8.5%.

Unlike all previous expansions, monetary policy regulators need not kill this expansion with higher interest rates to fight inflation. NESARA provides regulators with powerful tools to control the quantity of money in circulation. Properly using these regulation tools and the inherent self-regulation built into the new monetary system will automatically promote excellent economic stability.

Increased production and competition in world markets along with the increased efficiency of the new revenue system will soon drive prices back down. Within about one year, elimination of the hidden costs in the old income tax system will put additional downward pressure on prices.

Thanks to NESARA, all Americans experience a higher standard of living, the double beneficiaries of reduced debt servitude and increased consumption of consumer goods.

More information about, and a copy of the bill, are located on this web site.