Wealth Systems

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Wealth Systems
Wealth Systems
3 Bitcoin Strategy

3 Bitcoin Strategy

Matt McDonagh's avatar
Matt McDonagh
Oct 16, 2024
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Wealth Systems
Wealth Systems
3 Bitcoin Strategy
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Central banks and the people they serve benefit from rising asset prices.

Asset prices can be predictably increased by inflating the money supply with additional fiat and “injecting” it into the economy via multiple mechanisms.

This has the impact of reducing the purchasing power of existing units of currency already in circulation — our savings and our income.

The “elite” own Gold and they own other assets that increase in value during inflationary periods. They collect rising rents for these assets during money printer mania.

What’s really happening is wealth is being transferred from the working poor and savers into the hands of assets owners and operators inside the financial system in general. Most of this wealth wasn’t made on Wall St… it was from hard work like agriculture, mining, manufacturing and the rest of the labor that built the world.

I think of this as the greatest heist in history because this purchasing power is being depleted without the knowledge or consent of the peop…

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