No One Wants Higher Prices

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Hey Jessavers

I've lived my entire life under an inflationary monetary policy or let me put it this way we all have lived under it, even on a gold standard as more gold gets mined, but it was set.

Under a fiat fake inflation monetary system, things started to get out of wack pretty fast. Manipulating any currency through interest rates, debt, and new inflation at will is always going to be a balancing act that requires less self-serving ideals.

Unfortunately, the monetary policy today is a Molotov cocktail that is aimed at the poor and middle class. It may have started slow, but as each decade passes, it speeds up faster and faster. The exponential growth of inflation doesn't allow us to slow down as we need cheaper currency to service the issued debt in a competitive race to devalue the currency as fast as possible without people losing confidence.

The communist creeping closer

As you can see from the narrative of the federal reserve targetting above 2% inflation each year in one of the biggest market cap economies in the world, they keep moving the goalposts slowly. They know whats going on but need to manage expectations, so the rest of us don't pull what the Romans did and refuse to accept a devalued currency.

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Things aren't getting expensive; you're getting poorer

We live in a world of technological abundance, we've been able to create more for cheaper costs, and it continues to go down. No business goes into business, thinking we can't do this cheaper and faster to generate a profit. In fact, prices should be falling year on year, but since we measure things in a currency backed by debt, it needs to go up to pay back the debt.

Inflation needs to be created, to keep interest rates low and inflate prices of everything. The more expensive things are, the easier it is to pay back the nominal debt value.

The savings you are stolen through inflation and given to these borrowers to return capital to debt holders. An inflationary monetary policy of THIS KIND trickles up at its most effective.

No one wants high prices

For the average consumer, we don't want high prices, the lower prices, the more we can afford with our money. The more we can afford, the better our standard of living. The better the standard of living, the less you need to work to maintain it. The less you need to work, the more time you have to enjoy yourself.

High prices though inflation is a thief of time, and people don't realise it. We're all working harder and trying to keep up with inflation but something that can artificially be increased you're never going to outwork it, no matter how much you earn or save in that currency.

Labour and selling your time has a ceiling, and once you reach it, you will only see yourself robbed more and more by inflation in a losing game.

Embracing high prices

Since we're not going to be leaving an inflationary monetary policy backed by debt any time soon, you need to get out of cash and into something that benefits from high prices. Assets like precious metals, like Bitcoin, stocks and real estate will continue to rise as long as we keep pumping inflation into the economy. An asset that absorbs the new inflation seems to do well as it doesn't seem to be going into production, which is where it should go. It's an unfortunate situation, but doing so will somewhat protect your savings.

We cannot change the policies we can only get on the right side of it. Yes, it's going to hurt many people who don't get on the right side of it, but for me, I cannot do anything about that, I can only protect myself, which is what I am doing.

I also share this information freely hoping others will do the same and protect themselves, but as I see from daily life people don't seem to care and will be willing to accept anything the government tells them, even things that hurt them.

Have your say

What do you good people of HIVE think?

So have at it my Jessies! If you don't have something to comment, comment "I am a Jessie."

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16 comments
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Just a Jessie. But I have read and learned.

Good goalkeeper so far...

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Lol we’re you a goalkeeper when you were younger?

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Yes I was. You did know that ! I was it up to 16 years. I was a quick little goalkeeper. No I am not quick, not little and not goalkeeper

But my favourite in all time is Peter Check . He was really good

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Peter Cech was amazing especially at Chelsea it was almost impossible to score past him! I don’t think I’ve seen better in a long time I think Oliver Kahn and Buffon we’re also one of the best!

I tried to play goal keeper but I am to short lol

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Hola chekohler,

Gracias por destinar correctamente el 100% de las recompensas de está publicación a HP y ayudar al crecimiento de tu cuenta.

Thanks for allocating the 100% rewards of this publication to Hivepower.

Si no deseas recibir notificaciones, responde a este comentario con la palabra STOP.

If you don't want to be notified, answer this comment with the word `STOP`.
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This inflation stuff is no good .

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For real why do I have to keep paying more for the same old shit doesn’t sit well with me! I’m happy to pay more if I’m getting more benefit

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The "miracle" of fiat: looking at a piece of paper with less and less value

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Lol it’s the ultimate propaganda tool and carrot they just keep dangling infornt of you and you keep chasing and the stick is debt so if you’re not chasing the carrot they beat you with debt to keep chasing!

I’d like to get off this ride I am tired of running

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Better plant your own carrot garden instead of chasing virtual ones lol

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LOL you have point there, I talk about it so much, I did plant a peach tree and I'v got two tiny peaches going, but its just me messing around with it

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Awww so cute! It's so cool to plant a thing and watch it grow. It's just satisfying. Crop pictures soon?

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Lol I'll have to work hard for my crop to be picture-worthy, totally goals though, need to get my act together

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(Edited)

When fiat devalues, Crypto would continue to get more attention since it is not manipulated by banks or governments. Nevertheless, we are aware that banks and governments are getting into crypto to get better control with more people around the world being taxed for the crypto they have.

!tip

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I think as the devalution will continue to move faster and faster crypto is going to create an alternative system so say you'll get crypto stocks, or crypto ETFs and thats where teh financial markets will play and normies not trading the actual thing just like with gold. They will try to make that their old financial tools built on crypto is better than crypto itself and we who hold the real asset will continue to benefit.

I don't know what the end game will be, but I do know that this is here to stay and it can only get bigger. How big it will be, I don't know eitehr, but I think 10 Trillion seems reaonsable when I look at other asset classes like gold, bonds, etc

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