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. 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
Texas Hold The People Down
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
- 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 government 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 nation 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 state you came 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 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.
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 debit 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.
Everytime they print money, we should revolt.
As they pump money into the system, few stacks grow more quickly than their own.
all around this creates:
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 then they can’t control they game, they lean on the house to change the rules
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
Taxes – The House Gets 35%
Let’s keep it 💯.
Taxation is theft.
35% is an insane tax rate.
Revolutions have been waged for less.
You have to play and the casino is extorting you.
What a terrible combination.
Oh, what’s that you say?
Some players don’t have to pay the same way?
You said there
Well, that’s interesting. Maybe we should abolish those rules… or learn them first because the game theory forces the order of operations
Rent Seeking – Renting Your Seat at the Table
rent seeking… boom and bust cycles
the big players
can lean on the dealer at your table
state-funded horse races
Market Manipulation – Whale Games
Derivatives – Monopoly Money
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 you decide to do something about it.
After all, a good man can still build his own empire.
That’s what Papaw did.
tie it into family stuff… the difference in passing on this knowledge over generations is beyond immense… compound interest
Ways to Increase
how’d he do it?
savings are dead, long live saving
Hand’s down the most important thing:
save dem dojos
read the richest man in babylon
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
Eat Shit & Keep Your Word
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
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