The fiat money system is one of the most complex and effective technologies for controlling the masses. It relies on people not understanding it for it to work. Manipulation of the CPI is a big part of that. If you were to tell someone, get paid and trade in this unit of currency that is going to lose 10% of its value in a year, and that 10% would be distributed amongst the people who control the supply and distribution of said currency (and their business partners), no one would willingly accept it. By controlling how much interest you charge people in a debt based economy, you are effectively choosing who gets the share of that value stolen from people's cash holdings. And of course, poor people disproportionately hold their savings (if they have any) in cash, so it affects the least affluent most. In essence, it is a system designed to siphon in an almost imperceptible manner over time people's time and energy.
Of course if the system isn't well tuned, the inflation gets out of hand and you get market crashes when too many people try to settle up at once. So in those scenarios historically the money printers have used their accrued power over the government to bail them out with taxpayer money, which ironically increases their share of the wealth even more than if their system was just humming along flawlessly. So even when they should lose, they win because people are too dumb to realize that government is a scam as well.
So in those scenarios historically the money printers have used their accrued power over the government to bail them out with taxpayer money, which ironically increases their share of the wealth even more than if their system was just humming along flawlessly. So even when they should lose, they win because people are too dumb to realize that government is a scam as well.
The world’s ten richest men more than doubled their fortunes from $700 billion to $1.5 trillion —at a rate of $15,000 per second or $1.3 billion a day— during the first two years of a pandemic that has seen the incomes of 99 percent of humanity fall and over 160 million more people forced into poverty.
“If these ten men were to lose 99.999 percent of their wealth tomorrow, they would still be richer than 99 percent of all the people on this planet,” said Oxfam International’s Executive Director Gabriela Bucher. “They now have six times more wealth than the poorest 3.1 billion people.”
The fiat money system is one of the most complex and effective technologies for controlling the masses. It relies on people not understanding it for it to work. Manipulation of the CPI is a big part of that. If you were to tell someone, get paid and trade in this unit of currency that is going to lose 10% of its value in a year, and that 10% would be distributed amongst the people who control the supply and distribution of said currency (and their business partners), no one would willingly accept it. By controlling how much interest you charge people in a debt based economy, you are effectively choosing who gets the share of that value stolen from people's cash holdings. And of course, poor people disproportionately hold their savings (if they have any) in cash, so it affects the least affluent most. In essence, it is a system designed to siphon in an almost imperceptible manner over time people's time and energy.
Of course if the system isn't well tuned, the inflation gets out of hand and you get market crashes when too many people try to settle up at once. So in those scenarios historically the money printers have used their accrued power over the government to bail them out with taxpayer money, which ironically increases their share of the wealth even more than if their system was just humming along flawlessly. So even when they should lose, they win because people are too dumb to realize that government is a scam as well.
U.S. Billionaire Wealth Is Up 88% Since the Pandemic—Now Topping $5.5 Trillion https://ips-dc.org/u-s-billionaire-wealth-is-up-88-since-the-pandemic-now-topping-5-5-trillion/
Ten richest men double their fortunes in pandemic while incomes of 99 percent of humanity fall https://www.oxfam.org/en/press-releases/ten-richest-men-double-their-fortunes-pandemic-while-incomes-99-percent-humanity