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Government Fiscal Policy Accountability Programs, Strategies, Spending Controls & Related Elements for First-World Economies

The Lovellian Economics approach to providing government fiscal policy controls and accountability focuses on using a "built-in" approach that allows for the outcome that would be analogous to "a spoonful of sugar helps the medicine go down".  The totality of Capitalism Version 2.0 provides some pretty strong benefits, but comes with a built-in reporting feature that strictly enforced government accountability for all fiscal policy outlays in succeeding periods.  These are real spending controls that take the form of real-time reporting on the expenditures (fiscal policy outlays) owing to all government programs (with national security matters handled appropriately) that cannot be obviated by any government seeking to implement the Capitalism Version 2.0 package of benefits.  

The reasoning is simple: all fiscal policy appropriations are derived from investments being made in private-sector companies that have agreed (among other things) to distribute all excess cash flows as these cash flows are received and whether the promoters of the business want these cash flows distributed or not.  This means there has to be an account set-up to which the sums will be credited (in the case of the government, the specific program the cash flows are intended to support that was the predicate cause of the government entering the private-sector economy to make investments to begin with).  This means that as the programs provide income, they receive receipts and program information from the accountholder.  This account activity includes the use of funds and that provides the program with the information necessary to fulfill the fiscal policy accountability requirement of any sustainable government fiscal policy program that is likely to be adopted in the face of the political realities of the modern era.  Simply put; it is not likely any massive overhaul of a government's fiscal policy apparatus will be likely that doesn't include spending controls and reporting that demonstrates the ability to provide said reports in a way that obviates all attempts at corruption and at all levels for all programs.  The practical effect for fiscal conservatives is to have a full accounting of all programs at any time and in a real-time manner that is current as of the close of business for the previous day.

The Capitalism Version 2.0 platform provides more than just accountability for the fiscal policy appropriations of governments.  The Capitalism Version 2.0 platform includes:

1. A fully self-sustaining capital market platform that will not crash (as in a stock market crash) and will not allow issuer listings to go down in value (program has no short-sale features possible).  There are no security "bubbles" as the exchange process happens in an orderly market that is, more or less, similar to that of the eBay^® business model.  This means all issues are fully supported and all transfers of title are instantaneous as the bids are all reserved when the bid is recorded, so that settlement can occur as soon as the price crosses the threshold set by the seller.  There is no issuer-related fraud potential and no possibility for insider trading or similar confidence schemes.

2. The fiscal policy "engine" is also the currency inflation "engine" - all investments in new issues on the capital market platform (TREX) is with newly-minted currency.  This means that all increases in the currency supply are now being matched up directly with increases in new business income-producing asset formations (wealth) that can be more fully circulated, as the government's investment always requires a $2.00:$1.00 investment match, thus the government can never contribute more than 33.33% of the total capital to the enterprise (the government would have to compete in the private-sector security markets on terms that would be equal to those of the typical bidder and with a stop-limit feature that retards the ability of the government to be the highest bidder by virtue of the government's infinite pool of financial resources).

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