211 sats \ 5 replies \ @Lux 31 Jul \ on: Stacker Saloon
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Global Monetary System:
The entire global monetary is debt based, meaning it is a global Ponzi scheme, with a worldwide debt of somewhere between 1.5 to 2.7 quadrillion dollars, with a world GDP of only $80 Trillion, approx.
If we take a look at Exter’s Pyramid - Global Asset Classes, this one from 2017 and priced in trillions of US dollars, you will see how weak it really is.
Income tax is used to support this pyramid scheme, and with interest rates being so low it would not take much to topple it.
Without income tax this Ponzi scheme collapses; without the millions in taxes, supporting the billions in government bonds, then the trillions in derivatives have no support.
Note: it should be noted just how small gold is, as an asset, within this global system.
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200 sats \ 3 replies \ @mo 31 Jul

Lux's pills summary for July 2024 #629450
Thanks for the daily microdose!
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54 sats \ 2 replies \ @DarthCoin 31 Jul
thanks for the updates !
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31 sats \ 1 reply \ @mo 31 Jul
with honor
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33 sats \ 0 replies \ @DarthCoin 31 Jul
I am still amazed that some stackers are paying attention to those IMPORTANT pills. This is ...hope. Each one of Lux pills gave its importance that people should pay attention to them and dig more. THIS IS NOT A JOKE OR CONSPIRACY CRAP, it is a very deep knowledge.
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43 sats \ 0 replies \ @0xbitcoiner 31 Jul
https://m.stacker.news/42654
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