patrick.net

I agree with this and I've seen many people arguing that at some point the amount doesn't matter anymore as one can only spend so much. Which ironically is a perfect argument for some form of wealth tax. The problem is though once you give the govt greenlight to redistribute they usually don't stop and start seizing assets routinely under all kinds of pretenses and keep lowering the threshold. It can work though if it's temporary to balance a bad deficit and codified that it cannot become permanent.

I think I'd vote for it. I know it sounds bad but, honestly, I think society would benefit as a whole. All this money seems to be used to destroy or to simply control. Think back to Kings and serfs. Are we moving towards that again?

I think we are already at kings and serfs. Hundred years ago most people worked for themselves or in small family businesses, now nearly everyone works for a feudal lord who is in turn owned by Blackrock.

Bd6r says

owned by Blackrock.

This is the main problem with our modern economy. Money is centralized and is being used to manipulate the world. Those who have a lot of money and don't align with their manipulation get ostracized.

Money is an ancient occult (preferably Babylonian) magick (prime mover psychic motivation) abstraction associated traditionally with the the Temples, who held the national treasures and minted money and coinage. The banking dynasties who manage to survive their periodic Ponzis do so by engaging account holder harvests (aka war, mass death) then rebirthing with the accrued assets to start the cycles over. They re-till the human soil through programmed, periodic, cyclic wars and assassinations on empowering high holy dates and planetary alignments. The blood harvests also feed the archons who sponsor the bloodlines. Lower harvests are the programmed economic depressions and revaluation of assets where those with assets can scoop up the depressed assets and start the bubbles over again.

If you start a Ponzi, and wish to survive its collapse with your profits, your best bet is to pick a time prior to the inevitable collapse and arrange the murder of the lower levels of the Ponzi who are 'owed'. Make it look like righteous war with Hegelian antipodes, religion, nationality etc. (the premises matter not). Most small time Ponzis collapse with their authors because this lower level assassination scheme isn't observed.

The pyramid is one of the symbolic icons of the Ponzi ancient magick. The lower levels are demolished while the upper levels thrive and survive and rise again with their bloodlines on top with the new Phoenix pyramid. The names may be changed to protect the guilty.

Rinse, repeat.

Bd6r says

I think we are already at kings and serfs. Hundred years ago most people worked for themselves or in small family businesses, now nearly everyone works for a feudal lord who is in turn owned by Blackrock.

Hundreds of years ago people were actual serfs or even slaves. Even freemen had a hand to mouth existence.

HeadSet says

Hundreds of years ago people were actual serfs or even slaves. Even freemen had a hand to mouth existence.

True but the way I read what he wrote is 100, which would be accurate.

If you don't have relatively inflation-proof assets at this point, you're fucked.

Gold, stocks, maybe housing if you're in a hot market (but the taxes will kill you).

Fuck Bitcoin.

stereotomy says

If you don't have relatively inflation-proof assets at this point, you're fucked.

Gold, stocks, maybe housing if you're in a hot market (but the taxes will kill you).

Fuck Bitcoin.

Bitcoin USD Price (BTC-USD)
117,715.61

I heard a rumor gold may be revalued by the Feds to 20K/oz.

https://www.youtube.com/watch?v=nEFN-4QQv-o

If bitcoin didn't exist, gold would already be at $20K. It's nothing more than a speculative money sop.

stereotomy says

If you don't have relatively inflation-proof assets at this point, you're fucked.

Gold, stocks, maybe housing if you're in a hot market (but the taxes will kill you).

Fuck Bitcoin.

Farmland

A business.

Stocks are pretty good hedges against inflation, as long as there is not a total crash in consumer spending.

For example, Visa takes a percentage of each transaction, and that percentage goes up linearly with inflation.

Corporate charters are a huge part of the problem, a corporation should only exist for a short period of time to fulfill a specific purpose. Bezos, Gates, Musk, even Buffet are only wealthy due to their exploitation of the corporate system. And he stock market is just an extension of the Ponzi scheme/corporate corruption that guarantees ever increasing disparity between the haves and have nots. The Uber wealthy know how to exploit it, and even force the middle class to participate in the ponzi to preserve wealth. But the Uber wealthy always get more to maintain their dominance. And the poor are left out, they have no assets to protect so they can even afford to make investments to keep up with the Ponzi scheme. So we end up with increasing numbers of people who can’t or won’t even work for their own food, clothing or healthcare because what is the point, they can never keep pace with the Uber wealthy anyway.

Corporations need to be limited to keep the economy honest.

We should also allow the public to vote to revoke the corporate charter and bankrupt shareholders of any company which they feel has abused the public, companies like Pfizer.