Wealth Systems

Wealth Systems

Bitcoin: Firewall Against Purchasing Power Hacking

Matt McDonagh's avatar
Matt McDonagh
Apr 10, 2024
∙ Paid
1
Share

Imagine a silent, invisible thief slowly draining the value from your bank account. No masked figures or alarm bells – your balance remains the same, but each dollar buys a little less every month. This isn't the work of cybercriminals; it's a carefully engineered feature of our global financial system.

Over the last decade, central banks worldwide have embarked on an unprecedented experiment. From the Federal Reserve in the U.S. to the European Central Bank, powerful financial institutions have worked in a loosely coordinated fashion to suppress interest rates and flood the economy with newly created money. Their stated goal is to stimulate economic growth.

However, the consequence of these coordinated policies is inflation – the steady erosion of your money's purchasing power. The intentionality behind this inflation is not mere economic stimulation, but a deliberate tool of wealth redistribution. This system subtly but steadily siphons wealth away from those who diligently save and e…

Keep reading with a 7-day free trial

Subscribe to Wealth Systems to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Matt McDonagh
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture