The Money Games

 

And Why They Matter

 

The powers that be are waging a war on your wealth.

Many fail to notice it, though it’s hiding in plain sight.

It’s not a war of bullets.  It’s a war of numbers.

A war disguised as a casino.

It’s useful to think of some of these things as large scale “money games.”  But never forget, these games aren’t meant for fun.  They’re meant to steal your wealth.

It’s an attack your labor, and that of your children.

Greedy Hands Make For Loose Waist Bands.  You May Not Feel It, But Your Sons Surely Will.

This big nasty casino isn’t necessarily corrupt by default.

The markets themselves are a force for good.  They help improve the quality of human life.

Believe or not, money is the same way.  It allows you to transport your labor across time and space.

Unfortunately, the games have been perverted.

Everyone has their hand in the cookie jar (aka. your piggy bank).

The government.  The banks.  The big corporations.  Even your own money manager!

The net result is that your buying power gets absolutely crushed over time.

[PBD Spending Power Stats]

It’s a slow leak, lost by percentage.  That makes it hard to detect, especially over generations.

We’re like a frog in a pot of boiling water.

There used to be a simpler time…

When a man could graduate 10th grade and start working the farm.  From the sweat of his brow, he could save up enough money to move to a place of greater opportunity.  He could repeat the cycle.  Work, save, and buy a house for his family.  Again.  Work, save, start a business.  And again.  Work, save, buy a rental house.  Again and again, until he possessed one rental house for each of his grand children.

That man was my grandfather, the greatest Papaw that ever lived.

10th grade education.  Picking tobacco.  Delivering newspaper.  Walking power meters.  Cutting grass.

Sure, it was hard.  And he also had some help (from the greatest Mamaw that ever lived).

But there was a time when good men didn’t have to try so hard to provide for their family.

I’ll tell you more about how Papaw did it in a bit.

But first, let’s talk about…

How They Bleed You Dry

Imagine a game of cards.

Let’s call it:

Texas Hold Your Future Hostage

Better yet:

Texas Hold The People Down

Or simply:

Texas Hold Up

Whatever you want to call it, you’re getting screwed.

The rules have been rigged.  The dealer’s been bribed.  The house are cheats.  And all the other players are looking to hustle you.

You must see the problem:

If you don’t even know you’re playing, you will lose every time.

Fortunately, you don’t have to know all of the games to avoid busting out.

Understand the big picture.  Then pick a game and master it.

First, the drains on your wealth.

  • fiat currency
  • central banking
  • taxes
  • rent seeking
  • crony capitalism
  • market manipulation
  • financial derivatives

All of these things and more impede your ability to make a living.

Sure, you can still achieve “financial freedom.”  You could even become insanely rich.  But it’s harder than it should be.

Everyone wants a piece of your stack.

And they’ll get it too, unless you do something about it.

Fiat Currency – Variable Value Chips

Money is meant to be one thing:

A representation of your productivity.  It’s the grease that oils the gears of our society.  It allows you to put in work today and pay for something with it tomorrow.  Likewise, it allows you to put in work in one location and pay for something with it elsewhere.

At it’s best, sound money makes it easier for human beings to improve each other’s lives.

Unfortunately, world governments have all but destroyed sound money.

Instead we use fiat currency.

The more they print, the less each dollar is worth.  You perceive it as prices going up.  But they’ve actually just devalued your labor.

The dollars in your bank account represent your time and energy.  Central banks and governments have the power to make them worth less.  That’s how our pennies, nickels, quarters, and dollars became so worthless.

It’s kind of insulting.

“Oh, that hard work you put in?  Today we decided it’s not worth as much as you thought it was.  We don’t care what price you agreed to exchange your labor for.  Yeah, maybe we’re interfering with the employer-employee contract by lowering everyone’s wages across the board at once.  So what?  We’ll give you some free stuff if you’ll just forget about it.”

Imagine playing your way to the final table at the World Series of Poker.  When you get there, the house decides to devalue your chips based on what country you come from.  That’s basically what happens to our buying power in the global economy when they print new dollars.

“Gas prices went up.”

No, your dollars got devalued.

“Rents are rising.”

No, your dollars got devalued.

“Food is getting more expensive.”

No, your dollars got devalued.

It’s (usually) a slow leak.  But it erodes the stability of our system at a fundamental layer.

If our money is corrupt, so is every transaction we make with it.

Money is the language of reciprocity, after all.

When I’m not sure you worked as hard for your money as I worked for mine, it causes resentment.  This kind of resentment doesn’t bode well for society (as we’ll talk about later).

Variable value chips make this the default state of local economics.

Perhaps that’s why the Founder Fathers established gold and silver as the only money.

🙄🙄🙄

If only the illogic stopped there.

Unfortunately, there’s much more eating away at your wealth.

Central Banking – The Dirty Dealer

It’s bad enough that we let them get to our chips…

But guess what?

They did ya’ one worse.

They put the power to print new chips in the hands of a third party.  And that third party doesn’t even try to pretend to be independent.  In truth, the Fed is clearly a part of the big “bread and circus” machine.

DO NOT TAKE THIS LIGHTLY!!!

Oh wait, you have been your whole life; it’s the status quo.

Nevermind, maybe we’re just fncked.

Some say the corruption of true money is what brought down Rome [fact check].  If you want an immortal empire, it’s gold standard or bust bro.  Duh.

But even if we need to manipulate the money to protect our quality of life, please DON’T GIVE CONTROL OVER TO A G–D–M- UNREGULATED ENTITY THAT IS BASICALLY ABOVE THE LAWS.

Sheesh!

Oh wait.

🤦‍♂️🤦‍♂️🤦‍♂️

It’s been game over since 1910.

🤷‍♂️🤷‍♂️🤷‍♂️

We’re definitely fncked.

This dealer demands interest on every hand you play.  Most people have no idea that our debt is monetized.  Americans pay interest to the Federal Reserve for every dollar they print [fact check].

Yet few understand how the Federal Reserve works.  Fewer still understand the full significance.

Is it really surprising?

Born in the casino, it’s easy to think “the game” is all life offers.

Every time they print money, we should revolt.

It’s like getting mugged.

Except they do it to us everyday… in broad daylight… whenever they please.

It’s gotta’ be a racket.

And still, it gets worse.

When they print new money, whoever gets to spend that new money first is at an advantage.  Essentially, their dollars begin circulation at the same value as all other dollars.  But as soon as they enter the total supply, all other dollars lose value.

They do you dirty every time they print money and hand it over to the bank or airlines as a “bail out.”  And even when they send you that stimulus check, they fund government entities and corporations first [fact-check].

It’s all robbery.

But we let them get away with it.

For the Poker Players…

Imagine you enter a $500 tournament with 10 of your friends.

You get down to the last 3 and the pot is split pretty evenly, at about $1500 apiece.

You go back and forth for a few hands and no one is really making much headway… the guy throwing the tournament (who is also one of the final 3) announces that he is going to buy himself in another $1500… the dealer lets him, over your objections… then raises the blinds, as if he is colluding with the house

[analogy should probably be buy-in based]

It’s like this scene from “The Sting” when Mr. Lonegan buys back in to put xyz all in…

https://www.youtube.com/watch?v=_mrNhIxOGzw

 

…except worse, because your government is doing it to you.

 

No matter what they do to the money supply, few stacks grow more quickly than those of the system’s chosen few.

 

The fact that he stacks the deck before doing so makes it an even better analogy for what happens to our money real life.

 

we just let it ride, trusting the politicians… when half of them have no idea how this stuff works and the other half are in on the take

 

So tell me, what do the gangsters do when they’re stolen from?

Or if you’re not a fan of gangsters, how about the founding fathers.

Taxes – The House Gets 35%

Let’s keep it 💯.

Taxation is theft.

35% is an insane tax rate [fact-check].

Revolutions have been waged for less.  The Boston Tea Party happened in protest of a 3% tax increase.

You know the casino is extorting you but you’re forced to play anyway.

What a terrible predicament.

Again, our generation just accepts this as the status quo.

Meanwhile, the rules aren’t the same for everyone.

Some players don’t have to pay the same way.  Reducing your taxes is a crucial strategy to defending your wealth.  Unfortunately, the best tax breaks are reserved for those who can find the loopholes.  Most of us can’t afford a team of lawyers and tax professionals to help us work it out.

And true, not all of us need to go to such great lengths anyway.

Nor do I blame those that do.

It’s your labor after all.  There’s nothing wrong with you defending against the government’s grubby paws—even if you’re a big business.

Perhaps it would be better if we abolished all of the complicated codes that lead to this imbalance.  Or better yet, we should just abolish half of our taxes outright.  We accept taxation as the status quo.  In reality, the United States hasn’t always had a federal income tax (and some states still don’t have one). [pbd taxes video]

Fair enough.  But the road to legislation is a long one (and probably an even more rigged game).  So the only real solution is to build wealth and use the tax codes for your advantage.

For some players at the highest levels, lobbyists are a better investment than any asset.

Such is the game the big boys play.

You can either b!tch about it or try to become one.

Once you do that, you can often just sit on your money and it will multiply for you.

Rent Seeking – Renting Your Seat at the Table/Rigged Machines

For the wealthy, the investing vehicles are diverse and powerful.

Plus, they tend to be easier.

Well, that kinda’ depends on how you define easy.

But at the very least, their profits are more guaranteed.  This allows them to create long-term financial strategies they can count on.

Unfortunately, such “rent seeking” contributes very little real economic activity to the global marketplace.  

 

Instead, acts as a leach and/or contributes to economic instability

 

rent seeking… credit industry helps create boom and bust cycles

 

starts with that dealer’s interest… monetized debt

not the only rent seeking the fed’s stakeholders

 

they (the banking cartel that are “stakeholders” of the federal reserve) really control the game… all just to skim off the top… their whole function as an “entity” is to make profit, and there’s probably no greater way than this…. and when they can’t control they game, they lean on the house to change the rules

 

not all rent seeking is bad… our system of home rental and ownership has obvious advantages over every man having to build his own house… interest on loans isn’t all that bad either… but…

 

 

Crony Capitalism – Card Counters & Rigged Machines/Inside Players

 

crony capitalism

the big players

can lean on the dealer at your table

bailouts

state-funded horse races/cock fights/cage fights

Market Manipulation – Whale Games

what if i told you some entities’ chips were worth more than yours… it’s because variable value in the moment… leverage is one hell of a drug

another poker example… what if everytime your opponent bets, some guy in galley triples his bet… like a personal credit line or some such

 

hedge funds holding the market hostage…

 

market making and high frequency trading

Derivatives – Monopoly Money

 

In this casino, the big players

 

create financial instruments for the hedge funds and inside players

(tools for the layman like robinhood come from entrepreneurial innovation… aka real economic activity)

 

derivatives… not fair to monopoly but the point it is just made up… watch the big freaking short

just a big fat betting market on top “the real” market… unfortunately, lots of the whales and others use these to protect their massive nest eggs so if they’re on the verge of busting out, not only can they call in favors to the dealer, they hold the whole casino hostage by saying we’ll take our money and leave now… and so they print chips and raise house fees to buy the whales’  bad bets to keep the house from going under… the practical result: prices of stocks and other assets are no longer tied to their real values

and what if i told you the chip-making-dealer bought the bad bets to support the gambling… because they just want more chips in circulation because they get paid out first

 

BONUS: Ocean’s 11 – Black Swans

it’s rare but sometimes the casino gets their sh!t jacked too

Papaw’s Rental Houses

The racket is nothing new.

They were running this scheme before Rome.

Getting mad about it won’t do you much good, unless that anger helps you decide to do something about it.

After all, a good man can still build his own empire.

That’s what Papaw did.

His legacy will live on through his children and grandchildren… a legacy of wealth, land, and knowledge.

And through our actions, all of that will compound for own children and grandchildren.

This is how you build that mythical…

Intergenerational Wealth

That average man can’t build a legacy of financial freedom in one generation anymore.

Don’t get me:

The self-made millionaire is still a viable dream.  We’ve got many examples to choose from.  In fact, you can find examples of self-made billionaires.

 

However, the days of working an average job, saving, investing, and then thriving are gone.

 

systems and mindset… culture

 

american culture is rich with opportunity but the erosion of our money is a major problem… you can build an empire but it won’t be as stable as it used to be… so the knowledge becomes even more important… as does the entrepreneurial spirit, because you need a money machine more than you need a fat stack of money

 

 

how’d he do it?

SAVING

Savings Are Dead, Long Live Saving

Saving may be the #1 skill holding back our wealth creation today.

It’s a skill we don’t have.

Some of us don’t even realize we need it.

We live in a day of entitlement and instant gratification.  We just assume the government will take care of us when things fall apart.

 

Hand’s down the most important thing:

save dem dojos

read the richest man in babylon

warren buffet, don’t lose money, don’t lose money

what papaw did is still possible, it’s just harder… one of the things that made it possible for him was resistance to consumerism… today, we’re so fast to spend our money on useless things… like a casino with the prize… too busy spending our tickets to

Eat Shit & Keep Your Word

immaculate credit

live simply

growing food

REAL economic activity/value

other self sufficieny… some of that coming from developing the skills of being a landlord

community – having a guy for everything

Make Your Dollars Work for You

 

Unskewing?/Skewing the Gini Coefficient

we’ve had a MASSIVE explosion productivity but they’ve siphoned it off for themselves… we all should have 100xed (they’d still be “proportionately”–define right–ahead)… instead we 10x and they 10000x

the number of zeros is the difference… the top being 1,000,000 versus 1,000,000,000,000

 What To Do About It

 

(though understanding/monitoring macroeconomics is important)

 

we need gold back… fiat currency is a leach

 

greedy hands on your money… siphoning off your value at every point they can…

like a casino, rigging the odds so that they always win over time

it doesn’t matter if you like it.  It doesn’t matter if it’s right.

jim rohn big ol thing going up and down clip

 

these people employ PHDs on PHDs all to screw you out of your wealth/money