Bail Outs Are Cherry Picking The Winners

chekohler (70)in #business • 6 years ago

Hey Jessinsolvent business

So the world economy is taking more hits than rocky did in all of his movies and we're looking a more and more like Sly in the later stages of his career. Plenty of businesses have begun to tap out and others are a few days, weeks, or months from calling it quits. I don't want to scare people but this house of cards has always been fragile and a hit like this is knocking the wind out of corporations of all shapes and sizes.

It's a business purge the likes we've never seen before, there will be businesses and industries that are gone forever and will never return, and to be fair a lot of them deserve it especially the ones getting these bailouts.

For years those businesses who run within their means and worked with their profits were bullied and run into the ground by overleveraged entities and now when the bill comes due they're crying wolf and wanting a bailout.

Image source: - organicgardener.com.au

The winning lottery

Under the guise of saving jobs governments around the world are printing money like theirs no tomorrow without it. They're "saving jobs" but don't talk about the quality of jobs people will have nor the quality of pay they will receive.

If you thought 2008 was the biggest lie and financial crime of the 1% this is by far a crime against humanity. If we had the balls, we should actually be impeaching all our governments right now and putting people with sound economic policy at the helm. Unfortunately, that would mean they would have to govern this mess and I wouldn't wish that on smart and talented people.

The governments will now be picking which businesses survive and then can consolidate their grip on certain markets. If governments want to keep the fiat system going they need to stamp out competition and innovation and drive home complacency and submissiveness as far as possible. They need to control all inflows and outflows of money and this is clearly a building block towards MMT or as anyone can see, communism.

MMT requires monopolies to function

Governments want to get bigger and that what they're doing, by owning the money printing they can buy up and own everything. That way they can extract money when they need it and pump in when they want to keep control and drive their agendas.

Fiat has been tainted beyond repair, they're never going back to a gold standard and giving up this money printing power. We will not see sound money that is not privately created and that is a fact.

Once the dust settles, know that the businesses that survived didn't do so by their ingenuity and skill and being the best in the market, they did it because they were cosy with the government and got the money first.

Entrepreneurship is a lie and the meritocracy that cames along with building your wealth has been ripped from people. This is an attack on your freedom to live, in fact I'd go as far as to say this as an act of war on the sovereign individual.

The kings are now kingmakers and choose who gets to rule and impose rule on the rest, only if you subscribe to their system of reward. If now isn't the best time to move to a new form of money, then I don't know what is, BTC we need you now more than ever! POW don't fail us now, in Satoshis we trust