Yes the whole situation is completely messed up. Those who have it and those who don't. The rich keep piling it on and the poor keep getting deeper into debt. Followed.
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Yes the whole situation is completely messed up. Those who have it and those who don't. The rich keep piling it on and the poor keep getting deeper into debt. Followed.
Right - and since, at least in the US, the central bank targets inflation at 2%, and there are increases in other costs do to distortions in their markets (e.g., healthcare and education), people have to make a fair amount nominally more each year just to break-even. That is why it would be powerful to become to develop cryptocurrency alternatives for core requirements in life (energy, food, etc...) so that a parallel economy can develop that is inflation proof. An inflation proof currency is just a medium of exchange; whereas, currency now is the dark elixir the powerful use to weigh down us plebs.
As long as the government doesn't mess with it! Which we are all lying to ourselves if we think that the government will leave us alone.