US Capital Stock Mix – Real & Financial
Capitalization is not a political program of left or right. It is the conservation of productive facility in both private and public sectors in the form of assets or productive qualities as
Human beings,
Real or physical productive goods, &
Financial services
Of these, only the second two are accounted for today.
Of these two, the Real is 5 to 10 times the Financial.
Of the Financial, the vast majority of financial assets are paper valuations based on future projections of physical goods and
human services yet to be produced.
Of these, over this period only about $11 billion is US monetary gold or about $35 per citizen – that’s not much.