Burnt a penny from 1981.
If inflation is “normal,” why does it feel like regular people lose while everything else goes up?
Who actually benefits from this?
Posted by Beneficial-Money-76
Burnt a penny from 1981.
If inflation is “normal,” why does it feel like regular people lose while everything else goes up?
Who actually benefits from this?
Posted by Beneficial-Money-76
9 Comments
The entities that control the money supply benefit as they inflate the supply for free/no work done, whilst everyone else who uses money had to work, then get taxed on it, and what is left they save slowly gets devalued away to $0. Its all pure theft that benefits the money supply controllers only.
I was born that year. At one time in my life I collected all money with that year on it, plus every single I ever got from breaking another bill. Had a good amount of saved money!!! Then the ex stole every cent, bill and all I saved.
Sorry doesn’t have to do with inflation just seeing this pissed me off again.
Have been thinking about the contention with China.
Seems to me that a long slow escalation of tensions will be fostered by TPTB and eventually when the timing is advantageous, war will occur, which would aid the cancellation of foreign (Chinese) debt.
By scratching out all the debt obligation to China, who have bought so many Treasury Bonds; that the end will never come, paying interest of $1.2 billion every day.
Look for this coming soon to a Federal Reserve Bank near you…!
Poor folks suffer most. Rich folks just get richer.Â
“Inflation” is just a word they use to screw us, just like when they use the words “safety” and “security” to take away our freedoms.
Read Marx, you will find the answers.
Rich people who have no national loyalty whatsoever . They wanna fuck the country up completely for everyday people and then bitch when they get upset about it saying they aren’t good Americans and patriots. Meanwhile if you raise their taxes they’re on the first planes out.
I’m to the point of saying fuck it really, we are all complacent in all the shit you guys buy with streaming services, shopping, etc. Their livelihood is dependent on you continuing to be cattle and being exploitable economy to enrich themselves, and really think the only thing that’s gonna change anything is cultural shift where people just stop wanting all their bullshit tech
The best thing that could happen. It simply became a means of accounting and for this reason made the world economy high volume and expansive. Imagine buying a ton of product from overseas and having to ship an entire freight it silver or gold for payment when you can just transfer digital value. Money goes to where it can be used as a resource to grow the economy rather than wasted on logistics.
The problem to inflation has been solved a long time ago. When you realize that the US dollar is just a means of accounting that inflates away, you realize that there are assets, abstract and non-abstract that you can purchase that will increase in value relative to the inflation of the USD.
Its a difference between invested and liquid wealth. When your money is in a bank account it does not increase with the market, when you hold stock it does. This, at one level, is how the wealth divide is maintained.
As another level there is a line between those who have stock and ride the movements of the market and those that move the markets. Those that move will always be ahead.