▪️Inflation is at a 41-year high ▪️The number of people in extreme poverty rose by 70 million to 700 million+ since 2020 Meanwhile… ▪️Corporate profits are at a 70 year high ▪️The wealth of the world’s billionaires has risen by $3.78 trillion since 2020 Spot the problem.
@JamesMelville Greatest transfer of wealth. Until the next cash heist. The games they play with our money has gotten out of control. Please read GRUNCH By: Bucky Fuller** Written in 1983 about the games they play with our monetary system.
@JamesMelville Maybe the rich and powerful (in Congress) could share some stock tips?
@JamesMelville The problem is ineffective lockdowns and money printing and debt binges, which flows into asset prices. The problem is not the companies voluntarily getting the funds, but poor Government policies. All of which was based on faulty information. Corporate profits will fall soon.
@JamesMelville Important to note that debt is paid after tax from profits. So the only way to pay back the huge debt from the pandemic is to make massive profits. Else all the companies end up going bankrupt. This is an inevitable outcome of the lockdowns.
@JamesMelville I blame the government for making it all happen
@JamesMelville The great transfer of wealth to the wealthy.
@JamesMelville The Fed. Reserve/Central Banks are the culprits. Infinite/corrupt money. Cantillion Effect. Elitist. #Bitcoin - finite/sound, fair, uncensorable, unconfiscatable, de-centralized A sound society cannot be built on corrupt money, as we are discovering. Opt out of the rigged game.
@JamesMelville This attempts to explain the link: x.com/pidgeonchest/s…
@JamesMelville This attempts to explain the link: x.com/pidgeonchest/s…
@JamesMelville @Hammer9631 Noted that the bulk of those returning to poverty was a result of covid and the response of overreaching government.