Title: With the risk of being censored, we make this public.. Source:
[None] URL Source:https://www.youtube.com/watch?v=4ty1lPSGcXQ Published:Dec 20, 2020 Author:Mike Rivero Post Date:2020-12-20 15:37:20 by Horse Keywords:None Views:794 Comments:11
As pointed out in the video, and deserving of emphasis, when new money is introduced (counterfeited) into an economy, the beneficiaries are the very first spenders, as they get full value of the currency amount. After that, the new money starts to permeate the economy and starts to take effect in the form of inflation (devaluing the rest of the currency). The people getting that extra currency last are the victims hardest hit victims.
So that kind of stimulus, which is what happened in 2008, acts as a form of wealth transfer from the working class to the bankers. Every single time. A silver lining of the stimulus this year is that the new money goes directly into the hands of the working class.
The gov cannot ban bitcoin, or crypto in general. At least not for little people. That would require cutting them off from the internet and the gov cannot do that either.
Even if true, it wouldn't matter, as crypto developers can make it not possible for transmissions on the net to be trackable. ISP's would see encrypted data going back and forth, but they don't know what purpose it serves. That's the case right now. Relay that data through an anonymous point and no one knows where it's going either.
Then there's the issue of people using internet access points they don't own, such as in a restaurant.
"It does not take a majority to prevail, but rather an irate, tireless minority, keen on setting brush fires of freedom in the minds of men." -- Samuel Adams (1722-1803)‡
"Resistance to tyrants is obedience to God." -- Thomas Jefferson
As you know, money ain't my bailiwick. But I read somewhere that the bank bailouts of 2008 represented the largest transfer of wealth in the history of mankind, the acme and zenith of larcency. And I believe it.
I certainly think these 'Rona handouts qualify. There's no talk of "billions" anymore, now it's trillions at a whack...
Only pissant cities talk about billions. I haven't done the math lately, but AU should be going for about $500,000/oz.
Why is that?
The light that burns twice as bright, burns half as long. - Dr. Eldon Tyrell
Godfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner. Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner. My Man Godfrey (1936)
“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken
I'm not greedy; I'm selling when it hits $450,000/oz.
I can supply you, in depth, at spot +$100,000/oz, or just spot. Wire xfers only. Plus shipping. I recommend personal P/U. Fort Wayne, IN.
Hell, the USPS cant even handle ballots.
The light that burns twice as bright, burns half as long. - Dr. Eldon Tyrell
Godfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner. Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner. My Man Godfrey (1936)