Inflation is all downstream of bad fiscal policy going back generations. Both parties participated.
You’d have to Exit the system if you want to try and fix it.
Inflation is all downstream of bad fiscal policy going back generations. Both parties participated.
You’d have to Exit the system if you want to try and fix it.
the system is good actually - absent shocks like lockdowns it maintains a target inflation rate of about 3% which only hurts idiots holding cash - doesn't affect people who have real assets whether it is land, real estate, stocks, commodities, gold etc.
if they stopped printing money there would be rapid DEFLATION with prices collapsing to almost zero.
actually they can print quite a lot of money with ZERO inflation but it is their GOAL to print EVEN MORE to have about 3% inflation - because that transfers wealth from idiots holding cash to everybody else, and as we know - it is immoral to let a sucker keep his money.
of course the transfer of wealth doesn't stop with just going from cash holders to asset holders but continues to pump wealth upward to banks and so on. but none of this is really the issue.
the issue is that people who ultimately get all the money use it to enslave us and bomb Palestinians. if that money was instead used for something beneficial like building roads i would be OK with it.
but they are dismantling existing roads instead and planting them over with trees to "fight climate change" ...
of course what happened with lockdowns is that prices doubled on average since the start of Cov1d because Lockdowns killed the economy and then they tried to revive the stock market by printing money as well as keep people from starving by handing out Stimmies and so on ...
B1tc0in wouldn't have solved any of this. as long as those in power can put you under house arrest for no reason whatsoever and keep the entire population of the planet under such house arrest for years without any reason - it won't really matter what money is being used.
Money is just one component of freedom. It means nothing if you don't have the other components like freedom of movement.
That is true, and while we are not there yet, we will get to the point with CBDCs where they can control your movement by just simply stopping your card from working at the gas station, etc.
yes as we are going cashless things will get worse
i only use cash to pay handyman and such and for tips - haven't used cash to buy food or gas in decades
and there are apparently places that no longer accept cash because cashiers can't count physical money anymore same as how kids today can't tell time using analog clocks
so yeah as we get more and more addicted to technology we become more hopelessly enslaved by those who control it
and the state of course mandates all sorts of backdoors in everything from routers to phones to printers and cameras and soon ( if not already ) cars ...
frankly all of this will be a good thing for society as a whole because most people can't handle freedom ... just have to figure out how to join the elites so the rules don't apply to us !
Well, things like Monero solve the problem of not being able to count cash since it's still digital and people can pay exactly what is owed and not need change back and they don't have to sit there and count things. In all fairness, I can make change, but I am slow about it. Working as a cashier probably would not work for me due to the speed at which I can count change and do that math.