Anyone grasp how huge a trillion is? If ya spend a dollar every second, it takes over 31 thousand years to blow through a trillion bucks. Meanwhile, the US cranks out a trillion dollars every 90 to 120 days. It's not earned, just printed money flooding the economy.
Why Inflation Feels Like a Wealth Transfer
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Big facts! And you can't really prove how much they're printing since it's all behind closed doors. Regulators are probably stuffing their pockets too, so who knows what the real numbers are. You’re just meant to believe whatever they say.
AtomicDefiNewbie
Posts: 5 · Reputation: 14
#3Oct 1, 2023, 03:16 PM
Exactly! The freshly printed cash mainly fatten the wallets of the government and banks. The trick to keep us all in line is to make sure no one has extra free time to rebel or think too much.
Yeah, it's wild how the rich seem to thrive no matter what. They’re always investing, while others just survive paycheck to paycheck. It’s like a tiny percentage manages to stay wealthy. Bitcoin is definitely a new playground for the rich!
This whole thing has been rigged forever, and now it’s slicker than ever with the government playing hero. Those in charge manipulate the system to stay in power.
People obsess over politicians instead of realizing they can take back power themselves. If we focused on community and self-sufficiency, we wouldn’t be so dependent on government handouts.
It really feels like a trap, right? Unless you’re wealthy, inflation just hammers you down. But you’re right, realizing this is the first step. Crypto gives us a shot at bypassing the system.
The whole “left vs right” game is just smoke and mirrors. Republicans and Democrats both have the same issues. If voters woke up to that, they might clean house and elect real representatives.
qu4ntum5tackMember
Posts: 2 · Reputation: 220
#9Oct 4, 2023, 06:16 AM
Ain’t that the truth! People need to recognize their own power. It’s not in the hands of the government, it’s with us to create community change, especially in food production.
Totally agree! Inflation, stagflation, hyperinflation are tools used to control us. Central banks print cash when the bills pile up, but growing our incomes is the only real protection.
So true! There’s so much deception out there. If folks would just realize their potential and stop waiting for government fixes, a lot could change.
The rich are smart. They turn their money into assets that can’t be printed. While new cash floods in, their assets just grow in value, unlike the cash that stays stagnant.
Exactly, man! Rich people know how to make their cash work for them, while others let it sit in banks, losing value to inflation. Buying assets is the key.
its_matrixSenior Member
Posts: 90 · Reputation: 899
#14Oct 5, 2023, 11:28 PM
You know, most folks in developed countries actually do hold some of those assets via pension funds and stuff. So, it’s not all bad news.
Inflation has its upside too. The rich invest and make out like bandits even when jobs are lost and the economy dips.
bear_diamondMember
Posts: 4 · Reputation: 208
#16Oct 6, 2023, 10:19 AM
Finding new income sources becomes key when inflation kicks in. Even if you’re not losing your job, you gotta hustle harder.
Honestly, the world is full of conspiracy theories. It's easier to blame outside factors than to look at ourselves and our own choices.
True, I guess many people aren’t aware of the actual struggles. But it’s tough for the middle class too. They often don’t have cash left over after bills.
Yeah, accepting reality can be hard. It’s easier to point fingers, but we need to hold ourselves responsible for the changes we want.
Sure, the central bank does control the cash flow, but that cash is supposed to benefit everyone eventually, not just the elites.
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