Treasury Bonds and Inflation: a Ponzi backed by Tax PayersIf you want to see how perverse the US monetary policy really is, look up treasury bonds. The idea is basically putting debt into an asset and selling it on the market with the promise of paying it back with interest. The US government is a giant Ponzi Scheme, a machinery that keeps financing itself through this cycle. It works because of inflation that allows the fed to pay interest.Once you get behind the naive thought that all this debt is supposed to ever be paid back, you realize how fucked up this really is. The fed can keep accumulating an ever-growing debt forever. They don't effectively pay it back. It's a continues differential process, not an open balance sheet waiting for settlement.Not only the fed bit also bond holders are making a massive profit because they are paid interest. And pure finance (that is not producing any actual goods) is a zero sum game: Every win to someone is a loss to somebody else. So who is losing in this game? Basically everyone else. Treasury bonds are the official government version of BitConnect. More and more money is allocated into treasuries. Tax payers unknowingly provide the security cover to prevent the Ponzi from collapsing. Taxes are what gives treasury holders their confidence to loan the fed.On top of that, the government is taking full advantage of it's power position right next to the money drain. They sit on oil. That oil is called inflation and it's actually less of a liquid and more of thin air they use to print money.This Ponzi won't fail because its victims, average tax payers, don't know about how inflation is ultimately ripping them off while enriching the government and treasury holders.The Organized Cash Grab: Rule #0 of the Power GameNow here's a shower thought for you that should give you chills once you get to the core*: Those few smart people who do find out how this giant machinery works, are allowed to become part of that money grab by buying treasuries that gives them a profit above the inflation rate at the expense of the clueless masses.*The unspoken rule #0 of this power game: Once you find out the single purpose of all rules in this game is to make everybody else lose so that the winners can win by playing against these very rules, there is no reason to call the winners out for cheating because now you are invited to play against the rules as well and ascend to a winner yourself.This keeps the game going forever because everybody who realizes these dirty tricks, has no real reason to complain but can become a cheater to take profits themselves.The Role of CryptoCrypto is giving the sovereignty over this game back to the people. It is enforcing a monetary policy where no central entity in power can inflate the supply. Crypto is not taking loans, it is not handing out treasury bonds and most importantly it is not selling its community to the few individuals that can see behind the curtain of a machinery that is kept just abstract enough to prevent the masses from seeing through it. As the day they realize that it is ultimately their blood that is fueling this monster of a machine, they would throw over the entire system.I know that many of you are here just to get rich. I, too, was attracted to crypto by the promise of becoming rich overnight. But it was also crypto that involved me into speculation for the first time in my life and got me interested enough to look up basic economy.After realizing all the illegal and hidden as well as the legal and official corruption that is happening in the upper layers of our society - a sophisticated network consisting of a tiny elite of people in powerful positions in major companies, big financial institutions and most importantly the political players that hold it all together by providing the legal framework: the rules for this scam - ... After realizing all this the circle finally closes back and I look in complete awe to Satoshi's decision of embedding this particular message into the genesis transaction of the powerful tool he gifted to humanity:The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.
Submitted May 26, 2019 at 12:31PM
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