In the dollar game, it’s not clear to me who the winners are.

Reply to this note

Please Login to reply.

Discussion

The one who dies with the most stuff wins, duh.

Alternatively, the one who has the largest number of minions obliged to attend their funeral, also winners.

Give me a name for each of those 2 categories?

Materialists and emperor's without clothes

The Federal Reserve

So… Fed is supposed to represent U.S. citizens, so… U.S. citizens?

I really don't think this is the case. Are you familiar with the creation of the Fed?

In the name of stability?

The Creature of Jekyll Island 👀

Nobody is because you can't stop working in the fiat world. Nobody wants to stop working and with debt, you definitely can't stop working. The person winning is the one not working. Fuck all the bullshit.

So the meta strat here is “quit, and you win”?

If you have enough funds, definitely.

The ones closest to the money printer. Hot money gets the advantage of lower prices before that newly-printed money impacts those prices.

So, who? The private owners of the Fed.

You might have heard of the Cantillion effect? This is that.

Makes sense, this apply to any money including the dollar. So who exactly are the private owners of the feds?

I don't know that that is officially released, but a safe bet would be the families/banks that set it up (in secret) to begin with... see James Corbett's 'Century of Slavery' video

So this cantillion effect is less about being close to the printer and more about being close to the blood line.

I wouldn't go quite that far. The 'big families' certainly are behind this at the very top--but the brokers and clearing houses and 'bond agents' (or whatever they're called) take a little cut out of every transaction.

By translation then, with bitcoin you want to be close to the miners? 🤷🏻‍♂️

...I'd never thought of it that way. Good question. Maybe it's less of an impact because the block reward is a known release schedule, and done in public? I don't know...good point.