The Way Money Gets Around Is All Messed Up

Hi Plebs,

The big bosses at the Federal Reserve Bank are messing things up with how they handle money. They keep pumping cash into the economy, trying to control prices and keep things steady. But this just covers up the real problems instead of fixing them.

The economy is out of balance right now. Some people have way too much money and resources, while others struggle to get by. When the Fed floods the system with more dollars, it allows this unfair situation to keep going. The rich owners of businesses and assets just get richer, while the average person's money ends up trickling right back to the wealthy few.

It's like the economy is a broken clock, and the Fed is just moving the hands around instead of actually fixing the gears inside. The skills people have and the work available don't match up properly. Just adding more money papers over the cracks but doesn't solve the fundamental issues.

It would be better to let the economy re-balance itself naturally. If things were allowed to reset, the hoarding of excessive wealth by a small group couldn't continue. The system would be forced to reshape into something that works better for everyone involved, not just those already on top.

The Fed Keeps Making The Same Mistakes

Even though the Federal Reserve claims to be helping, their actions actually increase inequality and prevent the economy from fixing itself. They seem to truly believe that managing the money supply is a positive thing. Adjusting rates and pumping cash into the system is just what the Fed does - it's baked right into their core philosophy.

But can we really expect the Fed to objectively evaluate whether their own policies are working or not? That would be like grading your own test. Of course they will say they are doing the right thing because they operate based on certain fixed assumptions that are simply taken as fact.

The harsh reality is that the consequences of the Fed's monetary policies have been disastrous for society. But instead of looking in the mirror, the Fed looks everywhere else to explain the problems. They stick to the same playbook of adjusting rates and injecting money, always expecting different results through sheer force of will.

It's an exercise in futility and flawed logic. The fundamental assumptions underlying the Fed's actions are never challenged or updated based on real-world evidence. Certain false premises about managing the economy are baked into the system as inviolable truths. This prevents any true objectivity from emerging.

Don't Buy Into the Wrong Explanations

You'll hear a lot of myths about why some people are ultra-wealthy while others can barely get by. Technology and globalisation are common scapegoats that get blamed for increasing inequality. But that's just an excuse.

The truth is, for an innovation or new technology to really be valuable, it has to solve problems for a wide range of people who can afford to pay for it. Value and economic balance go hand-in-hand. If the economy is out of whack, new products and services won't truly be useful to most folks.

To believe that technology and globalisation actually cause economies to become unbalanced, you'd have to wilfully ignore the bigger force at play - the centralised control of the money supply itself.

This centralised money monopoly has allowed the banking system to become the overpowering centre of the entire economy. Policy decisions over many decades have perpetuated and deepened the imbalances.

There are certainly many contributing factors to inequality. But the core flaw is the manipulation of basic market pricing signals by a central financial authority. This unlevel playing field makes all the other problems worse over time.

So while globalisation and technological change get a lot of finger-pointing, they are just compounding effects. The root issue is that the flaws are baked into the monetary system itself from the ground up.

Cheers, and onwards with Bitcoin