It’s a win-win for the banking class.
1. Drive interest rates unnaturally low at the expense of savers.
2. Cheap money leads to asset price inflation. The wealthy own most of the assets.
3. Wages follow much slower than asset and commodity growth
4. Life becomes more expensive for people who mainly purchase food, energy, and shelter
5. Higher cost of living and comparatively lower wages lead to a stressed, more controllable workforce. The fearful worker is a dream for the industrialist who employs him
It’s not just that “crime increases.” Crime is a symptom of mystery and need. Create a miserable and fearful population, and people have to look to antisocial behavior to fulfill their needs or find validation.
Again…this helps the banking class. There is a great market to be found by having the highest rate of incarceration in the world.
Yes.
International monetary discrepancies was what i was hinting at, the ensuing economic misery; human action in hopeless conditions and the horrific result therefrom.
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