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The Rich Keep Getting Richer
I'Il take your feedback on
surface and in earnest, and what l'm trying to actually communicate and the reason why l'm posting these videos. I'm saying that it's all connected.
And l'm dealing with what I see is the root cause of the issue and the #wealth #tax #wealthtax is just a #symptom and it's scratching on the surface.
I'm really trying hard to show the bridge and how the deeper issue is the thing I'm talking about.
So, in a #fiatmoney system, #fiat basically means 'by decree', 'make it so', it's money because we say it is, it's #government issued. It's money because it's got our stamp of approval on it.
It's constantly being #devalued the more they introduce into the
#economy the more #money there is, the less your money is #worth That's not #theory it's a #fact
It's baked into the #design of fiat
money and #government, #banks #bank #centralbank they issue new money as debt all money that's issued is #debt that somebody has to sacrifice their #finite time and energy to actually earn and sort of accrued in order to #survive and get by in #society and when your wages increase slightly adjusted to inflation they're not actually increasing to the same amount of #inflation so you're actually being #eroded over #time anyway, the #cost of everything else goes up #realestate, #energy #food, #education, goes much #higher in terms of the #price, then your #wages can catch up with and this is where things get messed up and pretty f,d in the #system is that #asset #prices #inflate not because they're more #valuable #value on the surface or more #productive but it's because the money is #worth less so the #rich don't hold money they hold the #assets. #stocks #realestate, #businesses those assets go up in fiat price terms, because the money is being #devalued so when somebody says 'tax the rich' they're usually pointing out the result of the inflation, like you know, the #richest #richestman in the #world #JeffBezos owns this #ElonMusk owns that, but why!?
because the system rewards those closest to the money printer first, they get access to the #cheap money first through their access and proximity to the #moneyprinter while the #workingclass gets it last and that's after they've made their #investments and after the prices of these assets have already gone up so when this happens, when you introduce a 'wealth tax' into this #environment you're not tackling the #rootproblem of the #problem you're #taxing the #symptom and who gets hardest first? It's not the ultra #wealthy and the #offshore accounts of course, and the #assetmanager it's the #workingclass the #middleclass the small #business owners that are trying to climb and keep ahead now they're being #taxed while their #purchasingpower is being #eroded and it's like pulling someone
underwater and then charging them for using their arms to try and stay afloat. So I'm not trying to change the subject, I'm not trying to distract away from it, I'm going deeper than it a wealth tax and a fiat system is like bailing water out of a boat when the boat is full of holes you're not dealing with the real issue, you're fixing the symptoms of it.
So fiat inflation is the real #wealthtransfer here wealth taxes just disguise the theft and sell it back to you as #Equality and #fairness
You want to help the working class? start by questioning the money and the root issues of it how it's #spent, and how it's created. so, don't #trust, #verify #staycurious
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