Do you really know what money is?
Most people in the world don’t understand or know what money really is and how it works.
“Educate yourself. No one is looking out for you like you will look out for yourself.” – Anthony Pompliano
Thank you for taking a step into greater understanding how the money and the world around you works! Please, educate yourself, your family, friends and everybody!
“As a central bank, we can create money to buy asset” – European Central Bank
“Paper is poverty…
It is a ghost of money, and not money itself” – Thomas Jefferson
The current banking system is designed for the rich to getting richer and the poor to stay poor
“With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless.” – Satoshi Nakamoto, the creator of Bitcoin
“It requires handcuffs to stay the hand which turns the crank of the printing press”
– Lord Edgar D’Abernon on German hyperinflation, 1922
Paper money eventually returns to its intrinsic value – zero
“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” – Henry Ford
“As a central bank, we have the ability to create money.” – Jerome Powell on 60 Minutes
“Instead of the supply changing to keep the value the same, the supply is predetermined and the value changes.” – Satoshi Nakamoto, the creator of Bitcoin
“When you or I write a check there must be sufficient funds in our account to cover the check, but when the Federal Reserve writes a check there is no bank deposit on which that is drawn. When the Federal Reserve writes a check, it is creating money.” – “Putting It Simply”, Boston Federal Reserve
Fractional reserve banking is a legal scam and is designed to get rich from the poor
“Commercial banks create checkbook money whenever they grant a loan, simply byt adding new deposit dollars in accounts on their books in exchange for a borrower’s IOU.” – Federal Reserve Bank of New York “I Bet You Thought”, p.19
“We now have socialism for the rich and capitalism for the poor. This meaningless $1,200 check seems to be a cheap way to keep people from starting a revolution.” – The Moon
Every new dollar created means that every existent dollar is less valuable and this is something very few people actually understand
“The financial system redistributes wealth from the poor through the middle class to the rich.” – MMCrypto
“The relative difficulty of producing new monetary units determine the hardness of money: money whose supply is hard to increase..” – The Bitcoin Standard (p.5) by Saifedean Ammous
Hyperinflation is baked into the design of all fiat
“The decrease in purchasing power incurred by holders of money due to inflation imparts gains to the issuers of money.” – Federal Reserve
“99.9999% of us work hard every day and get paid in currency.
0.0001% get to create the currency for free and distribute it to their friends first (Cantillon Effect).
How perverted and bizarre is this system?” – Ivan on Tech
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