The Sounding Line, May 20, 2019: “Legendary trader, risk analyst, and author, Nassim Taleb, recently spoke with Yahoo Finance about his concerns over the swelling public debt.”

Nassim Taleb on ‘The Public Debt’ – Excerpts:

“The problem is centralization causes deficits. You can pretty much take that as a rule. Centralization lowers skin in the game… Whereas when you have decentralized communities, like in Switzerland, people are much more fiscally responsible because those who make decisions live in the community… We have a problem of agency between us and those supposed to represent our interests. They do not represent our interests, so they run deficits… So we need to have some kind of laws banning the government from deficits.”

As we noted here, in order to stop the growth in the national debt without raising taxes, the federal government would now have to eliminate all spending other than entitlements, emergency spending, and servicing the national debt. That would mean eliminating every single federal agency and the entire military. In fact, in 2018 just the interest expense on local, state, and federal debt amounted to 93% of all military spending, including off-budget emergency and oversees contingency spending. A record $9 trillion of federal debt will be maturing in the next four years.

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There is another way – An economic acceleration plan with powerful ‘decentralizing’ dynamics that generate enormous government cost savings and vigorous growth in tax revenues… and federal government budget surpluses.

There is no other economic plan in the world like it.

The Leviticus 25 Plan

“He who will not apply new remedies must expect new evils.” – Sir Francis Bacon

The Leviticus 25 Plan is a dynamic economic initiative providing direct liquidity benefits for American families, while at the same time scaling back the role of government in managing and controlling the affairs of citizens.  It is a comprehensive plan with long-term economic and social benefits for citizens and government.

The inspiration for this plan is based upon Biblical principles set forth in the Book of Leviticus, principles tendering direct economic liberties to the people.

The Leviticus 25 Plan – An Economic Acceleration Plan for America

$75,000 per U.S. citizen – Leviticus 25 Plan 2020 (3301 downloads)