I'd love to have a short meeting for a change," William said. The budget outlined how thirty billion dollars was going to be spent over the next year. If someone started challenging the allocations, they could be there for days.Everyone around the table chuckled at the comment. Ed said, "All those in favor of this budget please say Aye."The vote didn't take long. William was ready to pack up and leave when Ed said, "There's one matter that has to be addressed before we go."Sherry, looking much older than William remembered her, asked, "What's up?" The money from John's patents is starting to dry up," Ed said looking around the room. This was the second year in a row in which the income from the patents had dropped.Surprised by that announcement, William sat up and asked, "How did that happen?" The technology has been around for a long time. People have made improvements on it. The original patents aren't in such high demand anymore," Ed said."How bad is it?" Sid asked with a. Each buyer can choose to lower their prices to beat out competition or make more profit. This is good for them both, but now you aren’t making the profit you did previously. Your family will want to know why you would ever do this sort of change.”He nodded.“That is the best part. When you are part of the supply chain you have a lot of people you must pay to protect your interests, handle the money, verify products, make the deliveries, bribes, and the costs you’ve always paid to stay in business. On top of those costs there are the lawyer’s fees to fix things that go wrong. I’ve not investigated the numbers, but I suspect that digs deeply into your profits. With this model those costs, well except legal fees, go away. Your tax costs go down too as you will only pay against your transaction fees after deducting your business costs,” I said as he made some notes. “The best part, for you and your family, is how you don’t ever need to worry about law enforcement affecting your income any.
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