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People Have Too Much Money
So if you have none, then you’re in good shape.
The popular story in the news is that people are suffering because everything is getting more expensive, and that the rich have too much money, while everyone else doesn’t have enough. This is true partially — the rich have too much money…
But so does everyone else.
Money is debt, and everyone who has money is expecting that debt to be paid. What comes next is that money, across the board, is going to be devalued. The reason is simple: Money is debt and there is way too much debt to be paid.
In short, society will default on this debt.
Think of it this way — Everyone who is holding money expects to be able to use it to purchase something. Right? This is also the concept of other types of debt. Money is a promise of something of value in the future, in exchange for giving something of value today.
Simple.
Now, all that money out there in the world today, regardless of who holds it, is expected to be changed into food, clothes, flights, entertainment, housing, property, and so on.
This is a big problem because there is a proverbial shit ton of money out there that needs to be converted into something.
