pull down to refresh

Am a business owner and capitalist from way back but also understand the importance of government that provides the right framework, property laws, strategic planning, infrastructure and security for a strong economy.
In the west the bankers have owned our governments for too long- that is why BTC is important.
Most people are sheep and want to be living inside a safe and well fenced area, safe from the wolves who prowl upon those who do not have good government protection.

this territory is moderated

deleted by author

reply

The problem is that you do not understand how modern fiat money operates.
The vast majority (over 90%) of 'money' in circulation today is that issued by private banks- that issued whenever they issue fiat debt funding.
Study fractional reserve banking until you understand how this works.
Study modern banking and how private banks have come to dominate the issuance of money via bank deposits (IOUs for physical money) created whenever they issue debt.
This is how the vast majority of money in circulation is created now- not by governments but by private banks.
Understand this and then you might understand why and how the bankers have come to own our governments.
The governments of the west are not smart- they are owned by private bankers who direct our governments.
In contrast the Chinese government directs private banks and capital allocation and in this can and does operate its fiat system with the sufficient diligence and direction of fiat debt capital toward productive purposes to deliver a strong and growing economy.
Bankers and their owned politicians in the west have immersed the west in a false narrative and you cliffbadger are drowning in their filthy lies that obfuscate their usury and rentseeking.
Until you make sufficient study and realise it is the bankers who own your government I cannot help you further.
All the best with your studies.

reply

deleted by author

reply

You don't understand how modern fiat monetary system operates.
Nearly all money is issued by the private banks- not the government.
And its the private banks collecting the rent on the money they issue out of thin air.
And in the west the government than does provide the legal power to operate monetary issuance does not limit or direct the banks anymore in how or where the banks direct that new capital- and so in the west most of this debt is directed toward non productive speculative purposes- with no resultant increase in the overall wealth of the nation despite the debasement that is caused. In the past western governments insisted that this capital only go toward purposes which were likely to increase the net wealth of the nation- productive purposes- but since the neoliberal voodoo economics took over that requirement has been removed and we have full flight crony capitalism and the decline of western civilisation as a result.

reply

deleted by author