Your Grandma’s Tales Aren’t Cute Anymore
We’ve all heard the “back in my day” stories from our grandparents. One that we’ve all heard is, “back in my day, a burger was 15 cents” (McDonald’s burger in 1955, and no, it probably wasn’t a Big Mac, lol). “Haha, yes, gramma,” you say. And then we laugh and move on.
Well, I’m stopping the story here because that sh*t isn’t okay. There is a story of growing wealth inequality behind your grandma’s 15-cent burger. It wasn’t that long ago my grandpa could feed six kids and put a roof over everyone’s head by working in a factory. I’m talking only two generations ago. Now? Fat chance. The story of “oh, 2% inflation, it’s good for the economy.” This massive psy-op economists and politicians have played on us for decades. Well… it’s one built on a Ponzi, and eventually, it reveals itself.
“Oh god, not another one of these guys.” Seriously, HOLD UP! I’m writing this because an outright admission of the Ponzi is being laid out, and there’s no need to ignore it. A question that plagues me is this: How was the economic condition of my grandpa not possible today? Answer: The Ponzi-nomics of the U.S dollar. Let’s begin.
First, with all conversations, let’s make the definitions clear so there is no muddle.
“A Ponzi scheme is an investment scam that pays early investors with money taken from later investors to create the illusion of profit.” -Investopedia
In other words, the profits that the first investors receive from their investment aren’t from the entity using their initial investment to help add/create value to the world.
Why bring this up? Well… From a recent excerpt from Finding the Money, Arnaud Bertrand, the Chair of the Council of Economic Advisors, had this to say. Remember, he is the head of the main agency advising the current presidential administration on economic policy.
“I mean, the government definitely prints money, and it definitely lends that money, which is why the government definitely prints money, and then it lends that money by selling bonds. Is that what they do? They sell bonds. Yeah. They sell bonds. Right? Since they sell bonds and people buy the bonds and lend them the money.”
In other words, the government creates bonds in which people/entities give them money for. Previous principal and debts are paid for using new money that’s either printed or borrowed from, and it goes on and on and on until one day you’re at 34 Trillion in debt. Seems to meet the criteria of a Ponzi quite nicely.
So what!? Just because the U.S dollar meets some paradigm doesn’t mean anything unless there are ramifications. Here it is:
Collapse option 1:
The U.S defaults on its debts and simply doesn’t pay back its lenders who bought the bonds/treasuries in the first place. Collapse option 2: The U.S just continues the gig and inflates the dollar away.
Collapse option 2:
has been the choice of various empires in the past 500 years. Why? It’s less painful in the short term as people who lent money can either still receive their principal back or at least their interest to keep things moving. But in order to do so requires dilution of that currency. Where every day your purchasing power from the dollars you received yesterday will buy you fewer and fewer calories when you choose to do so with that dollar.
So what’s the play!?
Simple. Follow what the rich have been doing throughout history. As soon as they receive fiat, they get rid of it for something else, real estate, stocks, businesses. Just about anything other than holding enough fiat for living expenses for a few months/years.
So I ask again… What’s the Play!???? What if I could trade my fiat for something where however much energy I feed into it. I can tap back into it at any time, and it will give me that same energy back? And I literally mean energy. If you take the average cost of a Snickers bar right now, $1 will buy you 189 calories. In other words, In ten years I want my $1 to get me 189 calories. Well, holding the dollar won’t do that. Remember your grandma? Her $1 used to buy her just over 6 burgers. Now you only get to smell a burger for a $1.
Look. I’m a bitcoiner all day long. Partly because I’ve spent a lot of time understanding how the protocol protects and stores energy in the magical coin. But if that’s not you. That’s TOTALLY fine. The point is this. Fiat currencies are wack and are designed over time to steal from the lower and middle class while the wealthy business cycle after business cycle short the dollar for assets. What’s with this stupid game?
I ask again… What’s the Play!???? SHORT THE DOLLAR BUY BTC.
Next week, I’m going to dive into a sneaky way to do this that uses leverage credit like the big dogs do. Woof Woof
Cheers, and until next time, just remember…
The world belongs to the builders.
