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Dateline: August 25, 2010 ... Denver, CO
Contact: J. Moromisato
Phone: (720) 323-7764
E-Mail: jhmor@q.com
Web Address: http://www.DenverPlan.com
Web Address: http://www.JMoromisatoUSsenate.com
DENVER, CO - August 25, 2010 - The common premise for these policy
proposals is that there are several streams of money that sustain the
economic activity of a nation, and a failure in one or more of these
streams is what gives rise to unemployment. J. Moromisato, an
integral set of policies, applicable worldwide, to ensure job
opportunities for all. "I am starting a crusade to end
forever the scourge of unemployment,"he declares.
The plan to achieve true full employment, which he calls "The Denver
Plan" consists of eight policy proposals, all designed to cure the
several monetary flows that feed economic activity. The better known
of these streams is the Flow of Credit, the stream of money that
originates in the financial sector and replenishes the Internal Flow
of money, the flow created in the normal purchasing-sale activity,
which is continuously being depleted by savings. The collapse of the
Flow of Credit was responsible for the recent economic disruption that
resulted in the sudden doubling of the unemployment rate in the U.S.
Faults in the Flow of Credit are also responsible for the current
malaise in Euroland, resulting in the financial weakness of some of
the less industrialized countries of Europe (the PIIGS syndrome).
Malfunctions in the other important money flows, the already mentioned
Internal Flow, the Public/Private Flow (between government and the
private sector), and the Domestic/Foreign Flow (the trade balance),
contribute to the so-called 'natural' unemployment level. In
principle, fixing these malfunctions would allow the U.S., and any
country in the world, to achieve levels of unemployment lower than
anyone ever thought possible.
Some of the proposed policies may prove controversial, to say the
least:
- Full Reserve Lending (Freed Money)
- A Cap on Salaries
- No Taxes on Business Activities
- A Cap on Incomes
- A Balanced Budget
- No Competition with Private Business
- Balanced Trade
- Creation of a U.S. Monetary Fund
If J. Moromisato is even half-right his Denver Plan may have the
potential to transform the world.
J. Moromisato, a Ph.D. in High Energy Physics and a Master in
Economics, is the author of four books based on his novel approach to
economics ["The Origin of Wealth and Poverty"(2007), "The Coming Age
of Freed Money"(2010), "The Large Pocket Denver Plan" (2010), and
"The Denver Plan to End Unemployment" (Forthcoming)].
Please visit www.DenverPlan.com for more information.
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