When Covid first spiked, it caused massive deflationary pressures. Instead of the largest corporations taking it on the chin and going under, they deflected those pressures by getting financed from the fed with printed money, and closed the rest of the economy. Deflation hit everyone else who hadn't been building up a large savings, and the Corporatists made huge amounts of money.
That tells us what level of force they are prepared to use to protect themselves from deflation. They'll make you and everyone you know unemployed.
But there's another method to avoid the consequences of inflation and deflation. The Germans had been printing enormous amounts of money to prop up the German economy, even before the war started. But if you think about supply and demand, if you increase the money supply and prices go up, you can also increase the supply of assets to bring prices back down. The Germans figured this out during the war and basically completely looted eastern Europe of assets, that way, even though inflation was rampant (and Germany was economically isolated), the consequence of inflation was staved off by the enormous amount of cheap goods taken from everyone else at the point of a gun. But this wasn't their only strategy.
See, they also invented a special currency only to be used in occupied territories. You couldn't use them in Germany. The currency was handed out to the Germans in the occupied territories, and their soldiers. This currency was used to purchase assets, most of which were then shipped back to Germany, while the occupied people's held onto this worthless coin. Effectively, the Germans created a monetary system of theft.
On of the dangers of these virtual real-estate efforts is that it all works the same way. You give away real purchasing power, for pixels on a screen. Now, being a gamer, I'm not going to say that recreation is exploitation, but gaming like this (from microtransactions, to arcade machines, to DLC) is an excellent way to make a shit load of money from very little actual work. It's not all a scam, but it's very easy to make it one.
What they are effectively doing, and what the banks did since Keynes, is make you give the financiers literally all of your available money for them to malinvest with. The result is that, inevitably, a market correction must take place from all the malinvestment. When the correction comes, whomever is left with assets will be the beneficiary of the largest transfer of wealth in human history.
Imagine a game of musical chairs, but there's only enough chairs for 1/3 people, and there's a thousand people playing, and anyone who loses dies.
That's the gamble these psychos are making with the general population.
Can't help but think of the whole MeTaVeRsE push and its "selling point" of V I R T U A L real estate.
We're diving headfirst into unreality like an ostrich into sand.
It's to counter deflation, I think.
When Covid first spiked, it caused massive deflationary pressures. Instead of the largest corporations taking it on the chin and going under, they deflected those pressures by getting financed from the fed with printed money, and closed the rest of the economy. Deflation hit everyone else who hadn't been building up a large savings, and the Corporatists made huge amounts of money.
That tells us what level of force they are prepared to use to protect themselves from deflation. They'll make you and everyone you know unemployed.
But there's another method to avoid the consequences of inflation and deflation. The Germans had been printing enormous amounts of money to prop up the German economy, even before the war started. But if you think about supply and demand, if you increase the money supply and prices go up, you can also increase the supply of assets to bring prices back down. The Germans figured this out during the war and basically completely looted eastern Europe of assets, that way, even though inflation was rampant (and Germany was economically isolated), the consequence of inflation was staved off by the enormous amount of cheap goods taken from everyone else at the point of a gun. But this wasn't their only strategy.
See, they also invented a special currency only to be used in occupied territories. You couldn't use them in Germany. The currency was handed out to the Germans in the occupied territories, and their soldiers. This currency was used to purchase assets, most of which were then shipped back to Germany, while the occupied people's held onto this worthless coin. Effectively, the Germans created a monetary system of theft.
On of the dangers of these virtual real-estate efforts is that it all works the same way. You give away real purchasing power, for pixels on a screen. Now, being a gamer, I'm not going to say that recreation is exploitation, but gaming like this (from microtransactions, to arcade machines, to DLC) is an excellent way to make a shit load of money from very little actual work. It's not all a scam, but it's very easy to make it one.
What they are effectively doing, and what the banks did since Keynes, is make you give the financiers literally all of your available money for them to malinvest with. The result is that, inevitably, a market correction must take place from all the malinvestment. When the correction comes, whomever is left with assets will be the beneficiary of the largest transfer of wealth in human history.
Imagine a game of musical chairs, but there's only enough chairs for 1/3 people, and there's a thousand people playing, and anyone who loses dies.
That's the gamble these psychos are making with the general population.