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21 sats \ 8 replies \ @javier OP 2 May \ parent \ on: First time in human history that money is mostly in the hands of the pleb. bitcoin
If my family lends me something then I work for my family, not for me.
So you think that not having debt will create monopolies, but it is in the contrary. Who owns CocaCola and Pepsi? The same banks.
Go up one level. You'll see the real monopolies. Blackrock, Vanguard, and all the funds owns almost everything. And those funds are owned by the same giant banks. That's the real monopoly.
You are blind thinking you can choose between CocaCola and Pepsi, when in reality the owners are the same!!!
And you can apply this to every company in SP500, and beyond. Every business that works through debt is owned by the same. The true real monopoly.
Just wake up.
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What? What they must do is DIE. All fiat companies must go bankrupt. And will go.
Monopolies happen because of 3 things, all related to gov laws:
- Patents. Absurd idiocies that only benefit patent buyers which are always the big banks and their corporations.
- Concesions: gov using tax collected pseudo-money to create new laws that benefit banksters and big corportations (owned by banksters).
- Fiat money: because big corportations (remember, owned by banksters) obtain almost free money from the central bank, so they can expand without limit and without having to compete.
Just wake up.
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Lol in which world have you been living?
Don't you see all companies, monopolies or not, died in Venezuela? Or any country that got destroyed.
The Roman Empire left nothing, only ruins.
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Germany, China, Russia.. All those had FIAT collapse..
Do you think they lost their internal monopolies?
Do you think the Roman empire havent kept their weath after their fiat got destroyed? They turned into the Vatican
Since economy is not a closed system, you cant expect value doesnt transfer if a specific fiat is destroyed.