(Listen to audio version of me reading👆)
Misdirection and misinformation
The mainstream media, the financial news, and financial planners have everyone looking at the wrong metrics.
What is new?
That’s all well and good if you’re trying to boost politicians popularity or boost your own fees to make sure you get paid.
However, is it helping the average person keep their wealth or stay ahead of inflation or be on track for retirement or have enough money to last to the end of their life?
Governments use inflation as a stealth tax, that no one gets to vote for, in order to steal the wealth of its citizens and pay off all of their boondoggles and claptraps.
Then they directly tax you and tell you that it’s your patriotic duty.
What they don’t tell you is where all that cash is going and how it’s being spent.
Likely the biggest racket of all time. It’s not just going to “10% for the big guy.”
You would be appalled if you saw where it was actually going.
And that’s exactly why they are not transparent and you never know unless you do hundreds of hours of digging.
Jonathan Gruber was Obama’s healthcare czar and the Obamacare architect, and explicitly said that “the lack of transparency was a great political tool.”
Bitcoin fixes this in numerous ways.
A transparent ledger for all to audit clearly and succinctly plus an immutable and unchangeable supply doesn’t allow for unlimited wealth stealing by the unproductive class."
This one financial metric is never explained
Definitely not in school because most teachers have no idea what it is.
It’s never explained in the media or by financial planners or else you’d be tuning in somewhere else and figuring it out on your own if you knew…
It is real interest rates and how they affect you every single day of your life.
Why are so many people worried about retirement or how they’re going to meet bills at the end of the month, yet they do little to no research on how to take care of their money and build their wealth?
This is the simplest way governments pay off their insanity and steal your time and energy without having to ask you is through negative interest rates.
You used to be able to save say, $1 million over the course of your working years and at 15% interest you could retire off the $150,000 in interest each year and never touch the principal.
How to calculate the metric that’s literally killing your wealth and retirement, silently.
With rates that pay out .01% and inflation at 8-9% (when we know real inflation is actually double) gives you a negative interest rate but it’s a small sleight of hand that most people don’t even realize.
If you have $10,000 in the bank and you were making .01% in your bank each year but inflation is 10% that is a -10% interest rate you are paying.
0.01% interest - 10% inflation = ~ -10% real rates
You are paying the to have the bank just hold your currency.
Not only does inflation increase the cost of living and you’re everything you pay for in your life you are losing currency just by sitting idle and doing nothing.
So making no decision or doing nothing, is still a decision and you are STILL being affected.
Hence why you see cash from the top 10% of individuals flowing in to stocks, real estate, cryptocurrencies, etc..
They are trying to find a place to go that isn’t losing value like the dollar.
Assets are the place to be in an inflationary environment. Real assets. Not cars, jet skis, and boats. Those are liabilities.
But what about the DXY and strength of the dollar!??
Some might say, “Brandon but the strength of the dollar is going up what are you talking about?”
The DXY tracks the relative strength of the dollar which is compared to the other fiat currencies of the world.
Mike Maloney is famous for saying that all of the currencies and gold are flying in an airplane.
The currencies all jumped out of the plane with their parachutes and gold stayed in the airplane maintaining its value in a straight line while the currencies are all falling in value against gold that are parachuting down to earth, some faster than others.
The dollar just falls slower than the other fiat currencies blinding people to the fact that it is still losing value to gold or other real assets like bitcoin
The dollar continually loses its value every single day since 1913 and all the other world currencies are losing value even faster.
The solution
Hard money like bitcoin gold and silver are the only assets that maintain or increase our purchasing power overtime. Even stocks and real estate have generally been flat and gone sideways over there the last 10 years.
So, next time someone is touting the interest rates they are getting or how inflation is coming down, you can let them know that the real interest rates are extremely negative and have been for a long time.
You must beat real inflation of about 18%/year in any investment to be ahead of your wealth being eroded.
Rates will continue to be negative as it’s the stated objective of the international monetary fund (IMF) and all central banks to use financial repression on their people through inflation and negative real interest rates in order for them to pay off their debt by stealing your time and energy.
Which as we know money is just an economic container of your time and energy.
Pass it on!
Stay strong,