Personal finance gurus will hammer home repetitively the same point about the compounding of interest. It can do wonders for you- or it can wonders to you.

If you invest over a long period of time, compounding will greatly eclipse the principal you contribute to investing. The inverse is true of borrowing. That interest, compounding, will overwhelm the sum you had borrowed. 

You may have heard the jargon-laden arguments why personal finance and government finance are not analogous. 

Yes, I am familiar with the work of Paul Samuelson, and what he taught to post-war econ majors. But I have found that some of his premises are wrong. 

As established on another page, I believe Irving Fisher better explained the cause of the Business Cycle. 

By adopting Fisher's monetary reforms, Samuelson's views of sovereign debt become obsolete. 

Now, on to treating government finances like a household...

You may be familiar with resent articles alarmed about interest on federal debt rivaling the defense budget. That's alarming, but what if government bonds had a negative yield? 

They can, with one simple reform. Fisher's monetary reform relies on raising reserve limits at banks. If a significant portion of these required reserves were in bonds, rather than money, yields on federal debt would inevitably turn negative. We have thus stopped the bleeding, even before cutting a single program.

Next is levying income through seigniorage. The federal government is remarkably bad at making money by making money. When one understands how bad the status quo is at turning a profit by minting and printing the currency, it is no wonder that Modern Monetary Theory advocates won't listening to establishment figures. 

Unlike MMT, we recognize  Quantity Theory places a limit on what seigniorage can accomplish; but it can accomplish more than nothing. 

Fisher had a "hack" around quantity theory; money with an expiration date. During the Great Depression, Fisher, recognizing the liquidity trap in 1933, advocated issuing stamp scrip until the money supply was restored. 

In some isolated instances, expiring money has entered circulation. We propose a portion of our money supply takes this nature. 

These are just some of the arrows in our quiver. From auctioning tax liens to IPOs of government-sponsored-enterprises to converting mineral leases into Master Limited Partnerships, we are committed to painlessly balancing the budget before trimming anything. 

Once we achieve and maintain a surplus, we get on the right side of compound interest.

A sovereign wealth fund, properly managed, can insure that the nation never faces another fiscal crisis again.