You’ve Been Screwed. What Are You Going To Do About It? By Bill Roberts
If we take the time period from the end of WWII (that’s World War 2) to the present day, our money has “lost” about 99% of it’s value. The exact calculation is impossible to compute because technology has changed our standard of living to the point that we cannot compare what things cost then with what we have to pay today.
However, a loaf of bread or a gallon of gas was 25₵ then. Now it is about $5 (here in San Diego anyway, but maybe less where you are). A house was about $5,000 and now it is upwards from $500,000. Again because of changes in technology and “taste” we cannot directly compare these.
Anyway, you already know that we have suffered inflation. Everything costs more (in dollar terms).
But what does it really mean? In a nutshell it means that somebody has stolen almost everything that we had plus everything we have produced over the last 70 plus years. They have an innocuous sounding expression for this. They call it “wealth transfer.” Well, all that wealth has been transferred from us to THEM (More about THEM later).
The Central Bankers say that an inflation rate of 1% to 2% is perfectly “acceptable.” Acceptable to whom? At two percent ALL the worth of the money is gone in fifty years. That is exactly what they have done to us. Instead of taxing our wealth, or seizing it outright, they have inflated it away.
In the olden days the king would “clip” the gold coins making then have less gold. He would then use the scraps to make more coins. He was engaging in quantitative easing. You see, there is nothing new under the sun.
So, today the Central Bankers (ours and all the others as well) engage in quantitative easing as well. They simply “create” more money. Overnight (it usually happens at night) they inflate the money supply by “giving” reserves to the member banks that need a capital infusion.
This “quantitative easing” steals from you and me, and gives some of our wealth to a few insiders. We still have our money, but it is worth less because now there is more money “chasing” the same amount of goods and services. But they aren’t greedy. They are keeping inflation to 2% or less per year.
It would appear that they are willing to take 50 to 75 years to completely wipe us out (like they have already done).
But then this isn’t the only form of wealth transfer they engage in. They DO TAX us out of our wealth also.
The original idea of government was to do things for us that we couldn’t do on our own. Maybe they would tax us in order to build schools, libraries, or roads or provide for the national defense.. Nobody could object to that, could they? Oh well, maybe a few curmudgeons would complain, but overall it was a popular concept. But then THEY figured out how to transfer wealth this way too. They would simply overcharge for the goods and services provided to the government. How THEY divvied up the spoils is another question altogether. But divvying up the spoils has been going on for decades.
So what THEY didn’t steal from you by quantitative easing (inflation), they got through taxation.
But one of their favorite ways to get your wealth is the foreign aid programs. They “give” aid to countries that need help with something. The problem is that all these countries are corrupt. The people in-charge over there want the money for themselves, rather than for their country. Our politicians go along with this as long as they can get some of the “action.” And they are very creative in how they go about “getting” their share.
In the beginning foreign aid wasn’t in the form of cash, but rather goods made in America. This way THEY didn’t need to make “deals” with foreigners that they may or may not be able to trust but simply used the old OVER PRICE, OVER CHARGE system that works so well.
But THEY weren’t through. THEY still wanted more. So they turned to their favorite method of all. The stock market.
About a 100 years ago, someone asked John Pierpont Morgan (a leading financier of the time) “what was the stock market going to do?”
JP Morgan replied “It will go up and it will go down.”
Of course. That is how THEY make their money. Everybody knows the secret of investing in stocks. You buy low and sell high. The problem is that over that 100 years since Mr. Morgan made his famous quip most people buy high and sell low. And it is still going on. This has been a major mechanism of wealth transfer. And it has been accomplished without anyone even realizing what has been going on.
They only way to win as an investor is to buy and hold. But the stock brokers and the advisors all agree you need to be willing to sell if things start to look bad. They call it a “trailing stop.” And then they want you to get back in when the stock starts to move up again. This strategy almost always leads to losses, or at best under-performance. Maybe you never get back in, and therefore you miss out completely.
There are more ways to shear the sheep on Wall Street than you can imagine. It is a major wealth transfer machine.
But these people are insatiable when it comes to separating you from your wealth.
The Real Estate crash of ’08 was a carefully engineered and implemented scheme to transfer wealth from all of us to THEM. The evidence is in the outcome. Millions of people lost the homes and the Wall Street types ended up owning all those houses. If you want to know how this was accomplished, go back into my blog right after it happened. Many of the “facts” were laid out in my posts and were fully “discussed” in the comments.
Wealth transfer is still going on. And they are still using the same tools: The government, the banks, and the stock market. If you think you can beat them, you are delusional.
But if you can’t beat them, what can you do?
Well, the time is right to separate yourself from the financial system, if you can.
Own your home. Produce your own food. And barter for what you need but can’t produce yourself.
Earlier, I said I would say more about who THEY are. Well, for the most part they are the ONE PERCENT. They control the financial system. They are tied in with the politicians. THEY have a vested interest in keeping the status quo.
We are currently involved in a revolution of sorts. The coastal “elites” are losing their grip on the political structure, the financial structure, and the economy.
Middle America has had enough.
That is why we elected Donald Trump.
He has promised to “DRAIN THE SWAMP.”
That is his way of saying that he is going after ALL these people that have been engaged in ripping us off for the last 75 years (or more).
The banking system is in dire straits. Germany’s largest bank, Deutsche Bank is hanging by a thread. If they go down, the Euro may crash. All of Europe is very weak. Chaos could ensue.
And if Europe falls, we will be affected. Chaos could come here, as well.
The big cities will suffer the most,, especially the coastal cities. Things are already getting fairly bad in a lot of these cities. It will only get worse.
It is time for me to move. Maybe it is time for you as well.
But remember this: Every problem is an opportunity. Make the most of this crisis. That is what I intend to do.
A few months ago I started a blog series entitled “Forty Acres and A John Deere Tractor.
I will continue this series. Watch for it.