Part 1: Your Life Is A Lie

This post contains links to relevant and/or useful videos, I recommend reading first, then researching further if you’re so inclined.

I highly recommend watching the “animation”, and looking behind the “evidence” link.


For you to have stumbled across this article you must have come to the conclusion that very few things today make any sense.

Don’t worry, you’re not insane. You are correct in your thinking. Everything is not alright, and hasn’t been for a while.

However, it is not easy to explain what is going on. You have to connect dots and do a lot of research on various topics to come to the conclusions I’m going to present to you in this article. It would be impossible to explain everything in one blog post, but this will give you the general idea and hopefully help you on your journey. On your journey for the truth.

Now, let me explain why your life is a lie.

Like Many Stories, It All Starts With A Stack of Cash…

How is currency created? Well, someone prints it of course. I guess today you don’t really need to print it, as most people are happy with seeing digits on the screen when they open their bank account. If you think about it hard enough, this alone should set the alarm bells in your head ringing.

The currency in circulation comes from central banks (well, technically from the commercial banks, who get their “allowance” from the central banks). The central banks study current economic situation and aim for inflation target of around 2% all around the world (or so they claim at any rate). So, monetary supply should increase by 2% each year. By default this also erodes the purchasing power of the currency unit(s).

I could use any currency as an example, but as dollar is the world reserve currency, it will do well for our purposes. This picture explains the long term impact of inflation:

As you can see, your one dollar doesn’t quite buy what it used to buy. Dollars are nearly worthless today compared to what they were 100 years ago.

What determines the value of currency units? In the past, dollars used to be backed by gold. You could go to a bank and exchange your dollars for an equivalent amount of gold in reserves. This was the case until August, 1971 when President Nixxon appeared on TV to announce that dollar would no longer be backed by gold.

Here’s the speech:

Nixxon’s Speech

This meant that dollar was no longer backed by anything but faith. All other currencies around the world trade against one another, including dollar, and dollar plays the biggest role in this whole big pie. The whole currency system is and has been a massive Ponzi scheme ever since 1971.

If you want to do more research into this topic, I recommend Mike Maloneys excellent video series “Hidden Secrets of Money”:

If you want to see what this monetary system leads to (and what really happened in Japan in the late 80s and early 90s) I recommend the documentary and book “Princes of the Yen” (Prof. Richard Werner):

Now your question might be, “Yeah, I get it, the whole monetary system is a scam, but how is this relevant and why would this mean that my life is a lie?

While this might be a great revelation to some, it is simply the starting point on this great journey. Your research can’t end there if you’re interested in the truth.

Who benefits from all the currency printing? The simple answer is: those who are closest to the printer benefit first and the most. The governments, large companies who get bailed out when they’re in trouble and anyone else who has close ties to the printing press. Yes, the printing will eventually reach everyone in the economy, but those at the bottom clearly only get pennies compared to the big fish(es) in the system.

The vast majority of people work all their lives for currency units that do not have any value. They then exchange those currency units for something they find valuable: a house, a car, a nice piece of clothing. That’s how the system works. People work for currency units that are created by someone somewhere. This is easy to understand.

To put this in a different way, we are playing a game of Monopoly. The people at the top are good friends with the banker and on occasion they get handed better deals as well as free money on the side plus other benefits. The rest of us? Well, we get some money when we finish a round, but other than that, don’t expect any changes to the rules. And the people at the very top? They just tell the rest of us how they want us to play the game, and demand we do as they say, or else.

That’s a good start to this topic. However, the system goes way beyond this point.

Where Does The Money Currency Go?

Now is a good time to spend some time thinking about where all the funding goes. We know it mainly goes to the big players, such as governments and large organization (such as universities), but what does this actually mean?

If you look into these large organisations, you will soon find that they are indeed connected to same people all around the world. In fact, you are also connected to these people through the Six Degrees of Separation.

Here are some key questions:

Who owns the central banks?

Who owns the majority of all large company stocks?

Would it be possible that the owner(s) of these organisations would be able to decide where all the funding and research goes?

Now, if you control some of the largest organisations, including the printing press that controls the entire population connected to that currency, you could in theory (and in fact) control everyone in the system.

Through these organisations it would be easy to say what gets funded and what doesn’t. This would mean that if someone at the top says “X” is a problem (without needing any evidence to back up his claim) he could decide that only research that proves his claim is to be funded. Create a problem, offer a solution.

On this topic I recommend the documentary “Everything is a Rich Man’s Trick”:

The entire school / university system works under this system. Only problems decided by the people at the top get funded, and everything else is ignored.

I know, having worked in this field, that the government funding programs work the very same way. Only projects that back up or solve problems decided by the people at the top get funded.

It doesn’t matter whether real science actually backs up any of what they claim to be a problem. In fact, questioning things is discouraged, which by default is the anti-science approach.

This is all quite clear, and I imagine many readers can understand that this is how it all works. Especially if you’ve been to university and actually tried to research something. At least I ran into this problem while trying to write my thesis.

Allan Savory explains it all perfectly well:

Science today is not science. It’s academia and consensus based on previous consensus, which was based on previous academics.

Now here are some extra questions:

Who designs our curriculum?

Who writes the books used in our curriculum?

Why these people?

Do they have all the answers to our questions?

If you do your research, you will find that these people are, once again, connected to the people at the top.

One could argue that the entire school system is there to simply get people thinking in certain way (not critically) and just enough so that they can be useful towards someone else’s greater goals. In other words, they tell you what to think, not how to think. Just a thought.

The people who go through the school system are being indoctrinated to do something for the benefit of the system. The people who spend the most time in the school system are the most brainwashed. Once they are done with their schooling, they’ll more than likely have way less or no critical thinking cells left in their brain. This is why most doctors, while they mean well, can’t actually think for themselves. They just follow the protocol. This is also why there are very few “Dr. Houses” out in the real world. But, just like teachers, there are “doctors” and “great doctors”. Its up to you to find out where the great doctors are.

As an icing on the cake when it comes to university education, Robert Kiyosaki (author of Rich Dad, Poor Dad) refers to PhD as poor, hopeless and desperate. I tend to agree.

Also, is this science?

Remember, these very same people had evidence by real scientists to back up their claims. I’ll let you come to your own conclusions.

In summary, modern science works like this: some rich guy somewhere decides X is a problem. He pays “scientists” to prove X is indeed a problem using statistics. There’s a whole book written about this phenomenon called “How to Lie with Statistics”. The rich guy will then point at his scientist and say “My paid shill is better than your paid shill. TRUST THE SCIENCE!” = Boom, modern “science”.

You’d be surprised (well, maybe not anymore) how many mainstream ideas are created using these very same methods. I’ll say this: just because the majority believes something is true, it doesn’t necessarily make it so.

History Is Written By The Winners

Who writes our history? By now this should be clear to all, it being a famous saying, the history is written by the winners.

Now, I have to ask this question, who wrote the history in the past? The past winners. Throughout history this has always been the case.

One could argue then, that all of our history is a kind of propaganda, and people studying history are simply studying the propaganda pieces of previous winners.

What I’m trying to say here is that we don’t really know our history all that well. We only get to hear one point of view, and that point of view usually comes from one, maybe two historians. And that point of view is biased by default.

Unless you personally look into history yourself and question what you hear, read and see, you probably don’t know much about history at all. This is true even if the history is “well established”, aka “this is how it went, trust us.”. Yeah, right.

History, the word itself, is quite funny. HISTORY… HIS STORY. Think about it.

All Media and Art Is Propaganda

This is not something I can easily explain. To fully see it, you need to understand marketing and human psychology. Luckily, I worked in marketing for a while, so I studied these topics out of my own interest. The best people in marketing also know human psychology, for obvious reasons.

This is media today:

It’s not difficult to see how this could be a problem. The media is following a script (literally) and repeating it non-stop. It works on some people. Unfortunately, the amount of people it seems to work on is a rather large number.

Here is a documentary from 1979 that is still relevant today:

These same tactics are used in all media, including films, music and TV shows. These are also the very same media that get all of the funding from the people at the top.

Why all the propaganda? Yuri Bezmenov (Ex-KGB agent) gave us a hint:

Here Steve Jobs explains why movies and media in general feels so out of touch these days:

When the people at the top only rely on statistics and are only surrounded by people who think like them, is it a surprise that over a longer period of time, whatever they produce doesn’t make any sense to the every day man/woman on the street?

What the people at the top are pushing is their idea of a better world, rather than how the world actually is. It’s just a bunch of out-of-touch people dictating how things should be from their point of view.

The real people in power, the elites, come up with nonsensical ideas and then tell their marketing team (politicians, mainstream media, celebrities and other personalities… basically anyone willing to sell their soul for a bit of cash) what to think and what agendas to push on the plebs.

It’s quite simple, isn’t it?

So What Do You Know?

By now you should have come to the conclusion that you (and I… and everyone else) don’t really know all that much about anything. This is what Socrates meant when he said “I know that I know nothing“. He wasn’t wrong.

There is no way of knowing what we know now is actually true. Your life is indeed, potentially all just one big lie.

In order to get to the truth, you need to double and triple check your sources. Question everything, especially the authority. Nobody has all the answers. So, the best we can do is follow the evidence.

What I can tell is that your common sense, your instinct, is a much better teller of truth than anything else. So, do your own research and use your own head to come to conclusions about life. It’s your life and it’s your truth.

All of that being said, this is not the first or the last time people have reached this conclusion:

Oh and, just so you know. Google, Twitter, Instagram and Facebook are controlled by the “people at the top”. I recommend services such as DuckDuckGo, BitChute, Rumble, Telegram, Gab and Brighteon. You’ll find that there are many others looking for the truth. One last time: do your own research, think for yourself and question authority.

Also, I found your new spirit animal:


I wrote this article because I started to notice a distinct lack of critical thinking in today’s society. I’ve always paid attention to it, but it just became unbearable at this point, so I felt like I had to do something about it.

I guess the funny (or perhaps tragic) thing is, everything I’ve said in this article is true, and people already know it. There are famous sayings about all of the topics discussed here. Those sayings didn’t just appear out of nowhere. Usually people just don’t connect the dots and take a look at the bigger picture. This is also a common topic in comedy acts:

I’ll just point out that there are also all these “isms” going about in our popular culture. Culture is also heavily controlled if you didn’t already notice. I’ll point out veganism and feminism in particular, but these are not the only ones. Did you come up with these ideas yourself, or did someone tell you about them in convincing manner? Once again, these ideas didn’t just come out of nowhere. They were designed and then released into the mainstream culture. Same goes for all mainstream movies, music and books. Record labels and editors heavily censor their artists, and often even write their music and other media for them. To understand more, study Tavistock Institute.

Football is a fun game, but I hope you understand that bread and circuses have been the elite’s favourite way to control the masses ever since Roman times. It’s just a game, and no, it really doesn’t matter who wins in the end.

This doesn’t mean you shouldn’t enjoy your pastime. Just acknowledge that it is, indeed, just a way to keep you occupied and to keep you from thinking critically about what’s happening around you.

Another problem I started to notice was the increased and open support for Marxism and Communism. If you’re one of the people supporting these ideologies, I urge you, please go read a book. These ideologies are meant to sound good on paper, but do not work in practice. In the end it always ends the same: the few controlling the many, poverty for the majority and riches for the elite, and death “re-education” and forced labour camps to anyone who does not agree with how things are going. Read The Gulag Archipelago by Aleksandr Solzhenitsyn to truly familiarize yourself with the ideologies and please, for the love of all that’s holy, study and learn from history.

And to those who think a politician can save you, I’m sorry, it is not going to happen. Politicians are selected, not elected. And even if there are one or two good ones who slip through the cracks from time to time, what can they possibly do against the corrupt system? This is the same in all countries around the world. Politicians are simply part of the marketing department for the real people in power.

All that being said, there is yet hope out there. Understand that people are waking up to the facts. We are living in biblical times, truly. The current system is clearly coming to its end, it’s not difficult to see the cracks forming. Soon it’ll be time to build a new system on top of the old one. The elite has their own plan, and they may yet succeed, but only if we the people let them. There are more of us than there are of them. The more there are people who wake up, the more likely it is that we get to break free from our shackles and build something new and beautiful. Something that lasts for generations to come. I like to believe we’re on the path towards that better future. That doesn’t mean there isn’t some pain to come our way in the meantime. Have patience and know that the truth and common sense always win the end.

You can only sit on top of a throne of lies for so long until the truth comes out. The Emperor has no clothes.

I leave you with this final animation:


The story continues: The Enemy And How To Defeat It

31 thoughts on “Part 1: Your Life Is A Lie

    1. This article IS propaganda. The goal of the article is to help people think for themselves, and to ask questions, like you yourself have just done. Congratulations.

      I hope you keep doing it.

      Liked by 5 people

      1. Yeah, I’d say readers would do well to familiarize themselves with certain classics from writers such as the ones you mentioned.

        I’m glad there is more discussion happening around the topic. My hope is the discussion points are then taken to friends and family members as well.

        Liked by 2 people

      1. One of the more well known definitions of propaganda is as follows:
        “information, ideas, or rumors deliberately spread widely to help or harm a person, group, movement, institution, nation, etc.”

        The word has a negative connotation to it, but in reality anything that contains a message can be seen as propaganda. Positive or negative.

        Even if your art is just a portrait of someone, it means you are elevating this person with your art. It is a propaganda of some sort. Even the modern banana artworks contain a message of some kind. And since you are making art available to the public, you are deliberately spreading your message.

        You can simultaneously know something contains a message and still enjoy it. What people often fail to do is ask what the purpose of the message is.

        My post is deliberately supposed to create negative feelings on some readers, which will hopefully then lead them to question things more.

        What I’m trying to say is; calm down. You are supposed to feel a little upset after reading it.

        Liked by 1 person

  1. Hello, Joseph!

    I became aware of this article from an email notification from WordPress letting me know you had “Liked” a post I had made on my blog recently.

    Regarding your article here… you are “right on the money”, so to speak. While reading it, something unusual popped into my head. Back in the 90s, there was a TV program called The X-Files. I’m sure you’re familiar with it. In the opening credits, there was a statement that flashed on the screen… “The truth is out there.” The last episode of that first season was a bit different, though. The statement in the opening of that episode said, “Trust no one.”

    I find those two statements quite appropriate regarding the topics you’re writing about above. It was an excellent piece, by the way. I shall be following you here on WordPress.

    Regards, and stay safe/healthy!

    ~Eric

    Liked by 1 person

    1. Hello Eric,

      I remember X-Files! I was a bit too young when it aired to fully appreciate it, but I remember liking the little I watched nonetheless.

      I believe there have been hints here and there, hidden in movies and TV-series about the reality of our world. There’s also another movie on this topic called “They Live”, which is a total banger. You might already know it.

      Let’s keep up the good work.

      Liked by 1 person

    2. Hey Eric,

      I absolutely loved the X-Files but ‘The truth is out there’ I found very deceptive because it causes people to look endlessly for the Truth! The Truth actually comes from within through our use of logic, or thinking for ourselves! But since ‘thinking for ourselves’ is not an idea that is taught for obvious reasons in a controlled society, they had used that instead so people waste their own time, or just give up entirely, because they can’t seem to find that Truth!

      Logic is understanding a description of how we got from point ‘A’ to point ‘B’, or as Joseph puts it, ‘connecting the dots’. If an idea can’t pass the logic test, then that idea will just clog up our minds causing us to think slower. Too many illogical ideas, kept in our minds, will simply cause us to be confused all the time. I live in America and Phil Collins ‘Land of Confusion’ applies very well here!

      The other problem with that is if we simply accept what someone else says is the Truth, without questioning it, then we are setting ourselves up for a big disappointment because most people, and especially entities, have agendas, other than simply giving you the Truth. The Truth is always damaging to anyone who wants to take advantage of you!

      I would agree with the ‘Trust No One’ concept but would ad to it ‘until that person earns your Trust through giving you logical Truths to the best of their ability.

      Once again, in America, most people don’t even know they are being dishonest to others simply because they have been indoctrinated into a bunch of illogical ideas that they just repeat back and forth and they never take the time to ‘think for themselves’ or question those ideas!

      Have a Great Day!

      Like

  2. Howdy. The economic aspects of your post seem mostly on track to me (though I have only partially viewed some of the videos thus far). I felt pretty closely along these lines by the age of 30 (now being i my 60s). In particular it must be more and more recognized that the primary currency is spiritual: human currency. Education needs to move towards this also. I recommend this book: Rethinking Economics https://www.amazon.com/Rethinking-Economics-Lectures-Seminars-Collected/dp/1621480496 and also taking time to look into this person’s investigations: https://player.vimeo.com/video/462486343 and https://econosophia.org/

    As for the concluding video concerning 9/11 as evidence of a new kind of energy technology source, I am quite skeptical about the presentation. Having touted scientific evidence as a key element of decision making, I think the presenter could have been far far more careful and meticulous in her presentation video. Right away it was unclear to me what places she was emphasizing or pointing to in the disaster site diagrams/photos. I also wonder why debris cleanup lasted nine full months when she claims to show a seeming almost absence of debris in next or same day photos.

    One of the greatest problems with conspiracy theory content providers is their lack of precision and detail. I have noted similar issues with numerous covid-19 and vaccine controversy materials I have looked at on the web.

    Nice post, however!

    Liked by 1 person

    1. Hello,

      I actually work for the government of Finland in finance position. I’ve also read hundreds of books on finance and economics.

      How the system actually works, it’s quite a bit more complicated. Richard Werner came to the conclusion (based on his research) that commercial banks work as intermediaries for the Central Banks (See Princes of the Yen documentary). He also found that the banks created the stock market crash by directing the currency flows into certain sectors in the economy, creating bubbles along the way.

      I work in this same field. In my work, I direct the flows of the currencies to certain sectors in the economy. I’m fully aware of the laws (both in Finland and EU) as I have to read them to be able to perform my job. We’re in the exact same situation as Japan was in the late 80’s and early 90’s, at least here in Finland – and perhaps rest of Europe. I’m saying this as a professional in the field. It is not a guess.

      While the system in reality is more complicated than what I make it seem in this article, if you boil it down to its core essence, this is exactly how it works.

      I recommend Thomas Sowell’s work on common sense approach to economics.

      I agree with you on the presentation. I’m also not quite sure what to make of the new energy technology. It seems she doesn’t quite understand it either.

      What the presentation illustrates perfectly, however, is the inconsistencies in media reporting on the topic. It’s just weird.

      On the current health problem, I have similar thoughts on it. I think there are too many people jumping to conclusions based on what exactly? That being said, time will tell whether they’re right or not.

      The real problem is that there’s no healthy conversation being held about what’s currently happening around the world. Governments and the media all around the world have gone the “It’s my way or the highway” approach, which is the dictatorial / tyrannical way of doing things. Scientific debate doesn’t happen anymore.

      Like

    2. Heya Stolzy,

      Quote: “One of the greatest problems with conspiracy theory content providers is their lack of precision and detail.”

      It’s funny how if you change that it still applies!

      ‘One of the greatest problems with government and mainstream media is their lack of precision and detail.’

      Sorry, I just found that funny! 🙂

      The Truth here is that when you are lying about something, it is generally not a good idea to try and expand on that lie through any type of description because often the description will expose the lie itself!

      The best way to get around this is to simply lie and then very quickly move onto something else before your audience has time to think about it! I learned this from watching our Politicians in action! LOL 😛

      Have a Great Day!

      Like

  3. Hey Joseph,

    I have a couple of objections to your article. The first is that all currencies, since the early Sumerian period 3,000 BC, have been “based on faith.” The last “real” currency was barley. The faith currencies include gold, silver, whatever for the simple reason that those things have value only because we say they do.

    The second is this idea that money should have no inflation and perhaps should deflate. This is, in practice, a very bad idea. See Japan’s deflation spiral since the 1990s and the Great Depression. The fact is that we have many tools for fixing inflation but very few for fixing deflation. Deflation and even zero inflation is so bad because it encourages people to take their money out of productive investments and stuff it under their beds. Money under the bed does no work. Money that does no work might as well not exist.

    If you’re interested further, you might like these articles.

    https://bengarrido.com/2021/05/03/crypto-currency-as-the-new-gold-standard/

    https://bengarrido.com/2020/10/20/why-its-likely-nobody-knows-what-you-mean-when-you-talk-about-capitalism-or-socialism/

    Like

    1. Hello,

      You bring up many good points. I’ve studied this topic quite a bit, and in fact I work as a professional in the financial field. As for crypto, I’ve been personally part of some rather large projects.

      Your Sumarian example is truly a fantastic one. That being said, Japan in particular used rice as their currency just a couple hundred years ago.

      Gold and silver don’t “only” have value because we say so. They have value because they are quite difficult to destroy, and are otherwise useful as commodities. Gold in particular doesn’t tarnish. Other than that, they are useful as materials from which to build something. Silver is used in electronics and healthcare daily, and its use cases are increasing. Gold and silver have value simply by existing, they don’t need us to give them value.

      You are technically correct about the inflation/deflation debate. However, when you inflate too much (which will happen if you inflate at a rate of 2% a year… the monetary supply increases exponentially), you will eventually run into a problem where you must print so much currency that you will run into bigger problems. It’s simple mathematics.

      Hundreds of currencies have experienced this same fate. We have more than enough economical data to back it up.

      Gold supply also increases by around 2% each year. The difference is, gold is used globally by everyone. The problem with gold, as Michael Saylor puts it and as you have pointed out, is that people want to hoard it. They want to have it all – and this has lead to multiple wars in the past.

      Japan’s deflation is happening despite them printing like crazy. They can’t bring it back to control. It got started when their currency lost most of its value during the 1985-1995 period due to centrally controlled monetary manipulation and currency printing.

      What actually gives currencies their value are the goods and services being produces by the people in the economy. Monetary velocity also plays a role. Jim Richards talks about this quite a bit. You seem to agree with Richards that velocity becomes a problem with gold backed currencies. Yet, he also likes gold.

      I believe in the future we will have gold backed, decentralized crypto currencies (not just one) that will finally solve this problem.

      Liked by 1 person

      1. “Gold and silver don’t “only” have value because we say so. They have value because they are quite difficult to destroy, and are otherwise useful as commodities. Gold in particular doesn’t tarnish. Other than that, they are useful as materials from which to build something. Silver is used in electronics and healthcare daily, and its use cases are increasing. Gold and silver have value simply by existing, they don’t need us to give them value.”

        I think this is a bit of a misunderstanding. Water, for example, is a jillion times more intrinsically valuable than any precious metal and it’s similarly durable. We would be fine in a world where all the gold or silver disappeared, but we would be very unfine in a world without water.

        We value gold/silver/sea shells/paper money/bit coins almost entirely because, fundamentally, we’ve decided to. That’s the entire point of a medium of exchange. We can just as easily decide we no longer desire gold as we can decide we no longer desire federal exchange notes and thus, the “realness” of gold seems an illusion to me.

        “You are technically correct about the inflation/deflation debate. However, when you inflate too much (which will happen if you inflate at a rate of 2% a year… the monetary supply increases exponentially), you will eventually run into a problem where you must print so much currency that you will run into bigger problems. It’s simple mathematics.”

        Why not just change the denomination? I live in South Korea, which is a very rich, stable and healthy economy. I spent 11,000 won on breakfast this morning, which is about 9 dollars. This simply isn’t a problem. You can get 1 one coins, if you want, but there’s no reason to. And if you need to buy lunch, it doesn’t really matter if the note says 10,000 or 10 on the front so long as the rate of inflation is steady and predictable. In Korea, that rate is steady, so we all just exchanged our 1 one coins for larger denominations and moved on. In fact, the 50,000 won note was introduced just a few years ago for exactly this purpose. The amount of paper money floating around has simply not been an issue.

        “Japan’s deflation is happening despite them printing like crazy. They can’t bring it back to control. It got started when their currency lost most of its value during the 1985-1995 period due to centrally controlled monetary manipulation and currency printing.”

        We agree here. While it’s easy to slow down printing to tame inflation, we have no good way to fight deflation.

        One of my primary problems with the gold standard is that it has always been associated with massive swings between inflation and deflation. Fiat currency has mostly fixed this.
        https://www.moneyandbanking.com/commentary/2016/12/14/why-a-gold-standard-is-a-very-bad-idea

        “What actually gives currencies their value are the goods and services being produces by the people in the economy.”

        Gold seems like a very inflexible and arbitrary way to represent this value, doesn’t it?

        “I believe in the future we will have gold backed, decentralized crypto currencies (not just one) that will finally solve this problem.”

        What problem? I’m not saying this to be snide, I honestly don’t understand how crypto isn’t a solution in search of a problem. Even less so in the case of “backed” currencies.

        I could of course be wrong, but a lot of it seems to be a sort of vague, diffuse “against the man” feeling, or at least that’s the only thing that makes sense to me.

        Hope you’re having a great day,
        Ben

        Liked by 1 person

      2. Thank you for the thoroughly thought out comment.

        You bring up water, which is a commodity, much like oil. Commodities in general have intrinsic value attached to them.

        I can understand your point of view on gold, but I guess we’ll just have to agree to disagree there.

        The problem with the money printing really is that when you “print money” you are at the same time taking more debt. This is how the printing works mechanically. In other words, you are borrowing productivity from the future as you print money. This is fine as long as productivity stays high, but at the same time, the more you print, the more your productivity needs to go up.

        At some point, when the debt burden reaches a certain limit, a country can no longer sustain it because of the interest on that debt.

        The more you print, the more you get in debt, and eventually you will have to use the printed money to pay back the debt + unserviceable interest. It becomes a mathematical impossibility. At this point the currency and country’s economy is doomed.

        According to this website: https://www.macrotrends.net/countries/JPN/japan/debt-to-gdp-ratio, Japan’s debt to GDP ratio is at 196.58%. It is way above the limit. They will never be able to pay back their debt. Yet, they need to pay down the interest on their debt. Yes, even countries can default on their debt and go bankrupt – it just takes them a while to do so.

        When interest rates rise, or go negative, you are in massive trouble as a country if you already have accumulated massive amounts of debt. In Europe, we have many countries with negative interest rates.

        The only real way to control inflation is to increase interest rates, which will make paying down the debt unserviceable. Defaulting on debt or hyperinflation is in your future if your interest rates are in the negative territory. There is no such thing as free lunch.

        In our history nearly all countries have chosen hyperinflation over defaulting on their debt. Recent examples of this are Zimbabwe and Venezuela.

        You are correct, it is a lot of “against the man” kind of thinking, but it is also just math.

        It is complicated subject and I recommend you look into it more. I recommend reading Thomas Sowell’s Basic Economics. It’s a very common sense kind of book, which is why I like it.

        I also recommend watching the Princes of the Yen documentary to learn how Japanese central bankers tried to fix the problem. I’d also consider studying how Soviet Union’s central planning affected their economics.

        Liked by 2 people

      3. “The problem with the money printing really is that when you “print money” you are at the same time taking more debt. This is how the printing works mechanically. In other words, you are borrowing productivity from the future as you print money. This is fine as long as productivity stays high, but at the same time, the more you print, the more your productivity needs to go up.”

        I’d need to see proof for this. You can print your way out of debt if you don’t mind screwing the lenders, for example. This is called devaluation of currency and it happened all the time in backed currencies going all the way back to Rome and the Han Dynasty. This is the exact opposite of “printing = debt.” Other “non debt” types of printing include simply increasing the money supply to reflect higher productivity and adjusting for normal inflation.

        “The only real way to control inflation is to increase interest rates, which will make paying down the debt unserviceable.”

        Other ways include increasing taxation, lowering government spending, slowing down money printing, restricting the reserve rate for private banks, and making it harder for consumers to qualify for loans. The anti-inflation toolbox overflows.

        “Defaulting on debt or hyperinflation is in your future if your interest rates are in the negative territory. There is no such thing as free lunch.”

        I think Japan would love inflation from their negative interest rates.

        “You are correct, it is a lot of “against the man” kind of thinking, but it is also just math.”

        So I’m basing my objections on Milton Friedman and F.A. Hayek, both of whom are quite conservative and mathy. There are lots of ways to have a fiat currency without being a communist or being as dumb as Venezuela.

        As for being “against the man,” I say this as someone who used to be on the edge of homelessness and now takes part in think tanks with officials from the Korean supreme court, the man is better than the little guy much more often than not. Smarter, cares more, more responsible, much more willing to make sacrifices, tougher and vastly more practical. There are exceptions, but not that many.

        As for Sowell, you might enjoy my recent article on his petard hoisting. 😉

        https://bengarrido.com/2021/02/09/thomas-sowell-on-intellectuals/

        Liked by 1 person

      4. This article is supposed to be a jumping off point for people to research the topic further. I believe we’ve crossed the line and started discussing one of the topics too deeply.

        You bring up good points. I disagree with many of them.

        I’ve read all of Sowell’s books. Intellectuals and Society is a fascinating read. I’m surprised you still find “think tanks” or “the man” overall good for the society after reading it.

        Here is an interview where Sowell talks about Intellectuals and Society: https://www.youtube.com/watch?v=ERj3QeGw9Ok (2009 interview / Hoover Institution)

        I’ll leave it at that. It is better not to spend more time discussing this topic further in the comments.

        Liked by 1 person

  4. “In the end it always ends the same: the few controlling the many, poverty for the majority and riches for the elite, and death “re-education” and forced labour camps to anyone who does not agree with how things are going.”
    Absolutely.
    From a financial and economic perspective, it is a zero-sum game. You can only get more if you take it from someone else. 2% inflation is merely a trick to make the masses feel they are making progress. When they ear 2% more, everything they need has also become 2% more expensive. Ha ha!
    Nicely articulated.

    Liked by 1 person

    1. Yeah, and there’s another problem with the 2% inflation target = wages always lag behind inflation. Then you need to add in the ever increasing taxes… It’s the kind of squeeze most people won’t notice because it happens slowly enough.

      Only way to combat this is to own assets, but those very same assets get more expensive each year – and the proceeds may get taxed away as well. Truly bizarre how this all works.

      Liked by 1 person

  5. Hi Joseph,

    I find it interesting that most of the comments on this post had to do with finances/assets. Maybe that is because it is what more people understand from your other subscribers! I’m not saying there is anything wrong with that as it is what others currently understand. So, as with most of my posts and comments, I try get get people thinking about the reality of things happening today! 🙂

    “If you are caught up within a system then you will stick within the boundaries of that system as you were taught to do!” – DC

    I compare the idea of trying to fix the system from within itself to pruning a weed!

    If you prune a weed it will only come back stronger! If you try to fix small problems within a system it will only help that system to become stronger by avoiding its previous mistakes!

    If you Truly want to get rid of the weed you must rip it up by the roots! If you Truly want to eliminate a system then you must rip it up by changing the educational system that is feeding into it!

    So, I guess I was just surprised that more people weren’t talking about the educational system process that you were describing! I have this thing about getting to the ‘root’ of problems rather than wasting my time with little things along the way! That’s just me! 🙂

    In America I call our educational system exactly what it is!

    An ‘Education of Degradation’!

    In marketing they don’t teach you how to market anything in Honesty! It’s all about taking advantage of people!

    So here is my marketing advice on marketing ‘Honest Ideas’ or ‘Truths’:
    –Either write it into Humor which they will share with others.
    –Or Piss them off so it gets their motor (mind) working.

    Either way you are making a difference!

    Have a Great Day!

    “When you stand out from everyone else, you start becoming very obvious, for obvious reasons!” – Doug Chandler
    That’s my ‘Thinker Thought’ for the day… LOL 😛

    Like

    1. Hello,

      Thank you for the suggestions.

      The reason why the comments (and the article) focuses on finances and economy is because I wrote it from that angle. I work in finance and I know where the currency flows. The currency also flows into educational systems, so it is the currency printers who also control educational system. The currency flows affect everyone equally, which means it’s relevant to everyone and is therefore easy to understand.

      Truth is relative and depends on the perspective. I try not to push beliefs that aren’t based on data on others. People need to look at the data, connect the dots (visible and not-so-visible ones), and come to conclusions themselves. Multiple truths can exist at the same time.

      It is a common mistake to dismiss someone else’s ideas. People believe what they believe for a reason, and those reasons need to be respected – even if what they believe ends up being (factually) wrong.

      I’ve worked in marketing. Self taught. I don’t know what they teach to people in marketing schools, but in the books its mostly about human psychology and the marketer trying to offer solutions to people. There are both good and bad marketers. The bad ones may lie while the best ones are actually trying to help the customer.

      I have some solutions regarding the education system, but it is not the main point of this article. I may write about it at a later date.

      Liked by 1 person

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