For more than a while now, I think you have experienced the feeling that things are not right in the world or in your country, it is not surprising that it coincides with a moment in history where we will experience the end of a monetary cycle like It is FIAT money or in other words fiat money that is backed by debt, every day you look around you and people do not find much hope in the future, many of them are working to support themselves, pay the costs of living and In the best of cases, just saving a little inflationary money, a slower theft in the population, in the worst of cases, people are full of debt and without a plan on how to escape said trap.
Everything is connected, we just have to look for the signs that are leaving us with the naked eye, as for example we have never had in history countries so indebted based on their GDP or gross domestic product and that this same debt was financed with a deficit, For people who have studied or lived the situations of hyperinflationary countries like Venezuela, Argentina, Turkey, Lebanon, you will know what I am talking about, it is simpler than it sounds, no country can spend more than it produces without any consequences, someone has to pay the price, in this case the population through the dark hand of inflation.
We have reached the point where governments blatantly lie to us with inflation data that does not include food, rent and energy prices, to save appearances and maintain the psychological operation that everything is fine, but when you go to the supermarket you know that something was never there. Well, it is not surprising that even you, the person reading this, know that inevitably your Dollars, Euros or Pesos will not buy you the same thing in a year as what they buy you today.
So where are we headed? It is normal then that people are not very enthusiastic about the future, since when we look into the depths of our system we realize that people's savings and purchasing power will increasingly be devalued so that everything continues to function as it has until now. Today, it is noticeable that something in people's subconscious warns them that tomorrow will be worse and that is why they have to enjoy the now, reducing their time preference to sporadic moments without thinking about the long term, even if they do not understand complex mechanisms. economics, it is observed that people are increasingly working more for less remuneration since the numbers of a salary can increase nominally but they buy fewer and fewer goods and services, as we can see in this graph.
What we have left in the coming years is the acceleration of government mechanisms to be able to continue keeping the wealth extraction system functioning, trying to extend the psychological operation to a point of no return, it is clear that a form of money has been confiscated from us. . that allowed us savings like gold did, I think it is important that we begin to question certain things and choose not to continue participating in a system that is arranged to destroy the energy of our work.
What can we do? Alternatives such as Bitcoin and gold to protect the energy of our work are some of the best options that we can implement as a refuge from the disaster to which our politicians have dragged us. Using these alternatives as a kind of battery for our energy is the only way we can ensure that the effort we make every day in our jobs, ventures or companies is not devalued, since both gold and bitcoin are not debt. of anyone, they are reserves of value and have no risk of reverse departure or non-payment.
It is time to take action and educate ourselves to be able to rise to the challenges of the paradigm shift that we will have as a civilization, since a change in the monetary standard is what can lead us to a better path of incentives where people can change preferences. temporary and build for the future.
I think other things we can do is try to speak up at nonbitcoin conferences/meetups. Far too many normies are not aware of this, and I'm sure the reception will be higher right now given the inflationary environment over the past couple years.
reply
I think completely the same, that's why I opened my YouTube channel, I can't stay silent about what's happening, I'll do my part.
reply
When a monetary standard ends, central banks often have more flexibility to set interest rates. Lower interest rates can encourage borrowing, as the cost of debt decreases
reply
Yes, the complete opposite of what they have done, we are going to a world of high rates due to the same spiral of debt and fiat currency
Thank you for sharing these economic data of interest, sadly it is like that, we are in decline thanks to the fiduciary model imposed by the Governments in power, the greatest silent theft from common people. Fortunately, the path is clearer every day and we have hope to move forward 💪🤠⚡🍊
reply
That's right, the future is full of hope, bitcoin will propel us to a global energy monetary model ⚡
reply
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.