If I came to you and said, “I will hold onto your money for you. I’ll give you this piece of plastic in return, still good for most purchases, while I loan out your “real” money and earn interest on it.” Would you be ok with this? I’d say no you wouldn’t. This is a crude but honest representation of how the banking system runs.
Albeit, cash is currently fiat currency, backed by nothing. I argue though, it is still physical, in hand versus “magical” digital numbers representing your bank account. In the old days, cash was backed by precious metal, specifically gold. Therefore, it was finite. Cash could only be printed into circulation as long as there was something to back it. This system slowly decayed till the presses would run day and night, justified through the lowering percentage of metals representing the cash. In Layman’s terms, printing money without properly backing it. This has essentially created money worth as much as the economy dictates.
Inflation is an almost hidden response to a currency losing its value. We all see goods go up in value, but rarely think about why this is happening. Sure, currently there are shipping containers, supposedly not being unloaded in a timely fashion causing inflation, but I can assure you, your money is not worth what it once was. This can become quite the ruse, especially when your labor income does not increase to catch up with inflation. I mean hey, they gave you a dollar raise per hour over the past year, that should make up for the inflation, right? Sorry, no that doesn’t cut it.
I wanted to briefly paint a picture of money overall there, but you can see it’s in a nosedive. Having said that, there is still a way to counter the bank usurping money, off of your hard-earned labor. Now, this can be a tricky endeavor for sure. There are other “cons” or “grifts” out there to suck up your money and usurp you as well. Such “cons” or “grifts” are the 401K, stock market, financial planners, etc. Anytime you put your money into something not physical, you are at the mercy of manipulation you cannot control, while others are likely to benefit from your misfortune. Remember 2008? Right, moving on.
What I propose is investing in physical goods or property. This can be as small an investment as a rare toy sitting on a store shelf to an old 3-bedroom house that is at its’ bottom dollar currently. Whatever route you choose for physical investments, you must try to become your own advisor. You must become the expert because once you start seeking others’ advice too much you are now at their mercy. Researching your field of choice can take time but will reward you with the necessary knowledge to manage your own money. Whenever there is a crisis economically, there is always money to be made through acquiring goods at a much lower cost than average. When times are good, you want to be able to then sell those physical assets at a profit.
Having your money working for you, instead of the bank is a must. Why not let something sit wherever it may be and accrue value while you simply monitor the numbers. You are essentially losing money while letting it sit in the banking system, period. It doesn’t make sense, and they count on you never figuring it out.
I wanted to briefly comment on more bills being passed as easy backdoors into your bank accounts as well. Go ahead and look up the nefarious proposed bill that will provide the unconstitutional IRS information on your bank account activity if your total annual deposits or withdrawals are more than $600! It was so egregious they scaled the bill back to more than $10,000! It doesn’t matter the amount, it is your damn money, to begin with. This is a total overreach of your privacy. This is just one of many disgusting bills pertaining to banking and breaching your financial privacy over the years. I challenge you to go to your bank and ask for $5000 cash. I guarantee you will be sitting down with someone asking you questions as to why you need your own damn money in cash! Not to mention, the reason for the withdrawal is being recorded in some form of data. I thought it was your money. It’s none of their business. Oh, that’s right, you didn’t read the pamphlet you were given when you signed up for the account did you? Oopsy!
The financial system can come to a screeching halt at a moment’s notice. Ever heard of cyber-crime? Well, it’s real and can be used as a false flag event too. It is very easy to have your bank account frozen, lost, or delayed for use on any given day. We live in an ever-increasing digital age, and you must not take this for granted, as with your personal safety. Threats are out there. The bank does not work for you, they work for their investors and the state/federal laws representing them. They got bailed out in 2008, you didn’t!
As with any posts, I hope this got those wheels turning. I can’t stress enough about looking into how everything works and who is to benefit from it. Banking is a very unfair and dirty business at the end of the day. Banking counts on your programmed societal “normie” mind to keep the corrupt system running. It could simply be chasing the fraudulent “credit score” or the public schools pushing students into university enrollment through the fraudulent “federal” loan system keeping society into indentured servitude for a very long time. Let’s not forget “qualifying” for that big home loan, car loans, etc. It is a vicious cycle, the “credit” system. It keeps you going back to and adhering to the banks’ rules like a “junkie” to a “dealer.” Live minimally, cut the cord, and blaze your own path to financial freedom! Live your dream. You can do it! Till next time…