Money Money Money in Journal
- Jan. 9, 2021, 12:44 p.m.
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- Public
My dad always told me Follow the Money, and that is one of the few things he said that was actually useful.
Copied from a friend;
Cycle of Civilization - Where We Are
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Working dudes pay interest on their homes, tripling long term housing costs.
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Banks vacuum up usury fees from working dudes.
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The economy is squeezed as the missing cash causes deflation.
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Bankers create replacement cash to restore the flow.
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The new cash is sent into selected areas, letting the bankers buy allegiances.
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Inflation/Deflation is kept steady, so people do not notice the manipulations.
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People are puzzled because they cannot afford what their parents could.
Factors:
(a) The modern worker is more productive than were his parents.
(b) The materials and labor to build a home are easier to arrange now than ever.
(c) Even though today’s workers are more productive, they still cannot afford the ever less costly new homes, as compared to the prior generation.
(d) The interest ended up in the pockets of bankers, and was replaced by new currency that was distributed to loyal cronies.
The siphoning of wealth may cause recessions, but the effects can be minimized if the cash flows are kept stable by creating new currency, via fractal lending multipliers, or by the direct issuing of additional currency. The Central Banks tend to keep the cycles steady. However, the theft of wealth via usury from the productive economy into the finance masters still makes the working class more poor – in spite of the amazing increases in productivity.
So, some of the “bad farmers” – I mean, people who feel like they cannot produce enough for some reason, have just had the relative value of what they provide squeezed by sinister manipulations.
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