This economy was cleverly designed to be a wealth extraction tool
Give this a boo. This fella has some interesting analysis.
Dean
Thanks for posting. While this YouTuber may present some interesting ideas, I’m concerned he’s missing the larger picture. I also strongly doubt he understands the overriding conspiracy that we discuss everyday.
How does the wealth extraction syndicate work?
This wealth extraction syndicate is extremely successful, because the population allows it and accepts it as normal. It doesn’t stop to contemplate a reality that could be any different.
The first step in avoiding being its victim is by understanding how it works. Let me explain to the reader, so we can develop a personalized game plan to overcome it.
Indeed, our society and the way it operates is essentially one huge financial and spiritual minefield that has been carefully and cleverly set up to drain us of everything.
Hedonistic consumption
The media in all its forms, especially with what we would consider grassroots social media, creates a strong impulse for hedonistic consumption.
Media cultivated hedonism has not been engineered by accident, but by intent. This YOLO mentality has been carefully created and has been nurtured since the covid scheme in 2020.
The blame game
I can’t even begin to tell the reader how many times I have come across individuals who are broke, yet seem to be completely oblivious as to their hand in it, while blaming some external outside forces as the reason for their miserable circumstances.
Can’t buy a house? It’s Blackstone’s fault. Can’t afford the fineries of life? It’s the boomers fault. Can’t afford healthcare? It’s the Democrats fault. It never seems to be the fault of the person staring at him in the mirror. It always seems to be someone else’s doing.
So, we need to take responsibility, so we can overcome.
Social proof and relying on the experts
I have been discussing with my readers and listeners for a long time now about how the financial system has transformed since 2008. I’ve gone into great detail over and over again about how the asset owners will be the only winners.
Yet, the vast majority of people still rely exclusively on fixed income schemes and jobs for income. Why? Because of social proof and the inability of most people to be able to articulate how the monetary and financial systems are now geared against them.
Younger folk continue to take on student loan debt and earn college degrees that don’t seem to work well in today’s job market. Out of the gate, these young folk have created a set of circumstances that put them behind the financial 8-ball.
The social proof behavior sets younger folk on to a trajectory of debt servitude, learned helplessness, and demoralization at a young age. It all started with social proof. It all started with their primary education. It started with them listening to the experts.
Indeed, the wealth extraction process starts at a young age.
Who is really providing the answers?
Virtually all I come in contact with rely on others for answers. In a world of disingenuity, hardly anyone has your back. The experts that are proffered in the media are mostly hand-picked stooges or change agents designed to perpetuate the wealth extraction system.
This is even true in the alternative media and with YouTubers desperate for income generating clicks. I wonder how many people didn’t bother buying a house, because of well-disguised propagandizing agents like Zero Hedge?
As I’ve mentioned in the past, the government and the central banking engineers have a vested interest to under report true price inflation. When the Bureau of Labor Statistics reports the monthly CPI numbers, it’s generally easier for them to massage the general numbers, but it’s much more difficult for them to manipulate the price data for specific sectors.
Thus, the prices of healthcare, insurance, rents, and college tuition will always move higher than the general data. It’s not that the general data is less than the specific data, it’s just that the general data can be massaged lower more easily. The specific data will follow the true overall price increases.
Knowing what I know about how all of this operates would make it highly unlikely for me to ever want to depend on a job or fixed income pension to pay my bills.
Healthcare moral hazard
Why does the cost of medical care continue to escalate? It ultimately is a matter of supply and demand and those with healthcare insurance will always over consume healthcare. This also drives up its costs.
The more insured someone is the less likely they will take care of their health issues on their own. The more insured someone is the less likely they will empower themselves to remain healthy.
Just look at the spiraling healthcare consumption and its concomitant costs since covid and the rollout of the bioweapon injections. I cannot think of a more glaring instance of consumer moral hazard. How many times were we told to trust the experts?
We are already seeing this as the rates of sicknesses and diseases are spiraling higher. These shadow forces also introduce bioweapons into the environment to jack up healthcare costs and make lives miserable, so that the wealth extraction process can accelerate.
A large price to pay for intellectual and spiritual laziness
The boomers definitely have the home equity to pay, but the lenders and banks facilitate the taking of that equity. The same owners of the banks also own the medical care and drug companies. They also own the insurance companies.
The owners of the banks and healthcare companies also lend to car buyers and college students. They also own the media companies that reinforce the YOLO mindset for hedonistic spending. They tell us to take our vaccines and ridicule those who attempt to alert others.
So, if what this YouTuber says is correct and tokenization becomes more mainstream, it seems the boomers will have an easier retirement than what some may think. I mean home owning boomers may have the resources to pay for their retirement and sickness costs, but who truly gets stuck with the final bill?
Unfortunately, these spiraling expenses will be eaten by their children heirs. The wealth extraction process will become more automated, but the same forces that are extracting the wealth are the ones developing the automated wealth extraction mechanisms.
So, it’s not the automation that is creating the wealth extraction, the automation is just providing an easier solution to extract the wealth. Ultimately, it’s the people themselves who are to blame.
Once I uncovered this conspiracy to bankrupt everybody spiritually, morally, and financially, I drastically modified my life. I stopped drinking alcohol. I stopped sleeping around. I opened the Bible. I stopped working for others. I learned how to make money on my own terms. I learn to live below my means without the use of debt for consumption. I learned the IRC and used it as a means to grow wealth. I took the initiative to learn how the system is rigged against each of us.
We live in a very sobering world and we must learn how the entire system is rigged against us as one comprehensive asset extraction scheme. This is the only way we truly can overcome.
Hi Mr. Stone, I found the following comment on x.com regarding the Shiller CAPE ratio. Do you agree with this analysis?
“Today we reached and are now teetering upon the absolute zenith of the Dot-com bubble.
The Shiller CAPE ratio has just breached heights unseen since that fateful era.
Mind you, the 44 level on the Schiller PE ratio hit was merely a brief, ominous stopover before the indices plunged into a grueling distribution phase, quietly unloading toxic exposure before the floor completely gave way.
Today, the underlying dynamics are far more catastrophic. We are trapped inside an utterly dysfunctional, propped up by mega-cap stocks. Beneath this fragile facade lies a mountain of mind-bending leverage and systemic debt so colossal that it renders the 2008 Great Financial Crisis a period of bullish optimism.
This will not be a mere correction. It will be a reckoning.”
As long as Trump can keep pumping hot air into the Iran deal balloon the better for us asset owners. Dow up 800 points as I speak. I can retire sooner rather than later.
This article may explain the real reason why Trump comes up these last minute deals with Iran after threatening to blow them up:
https://www.zerohedge.com/military/pentagon-sent-crowdsource-style-email-asking-creative-unconventional-ideas-pressure-iran
The real story is that the USA military cannot beat Iran. Behind the scenes, Trump is really walking away from Iran with his tail between his legs like a humiliated dog. He is lying about these deals that Iran constantly denies. Trump is has lost respect overseas and lost respect even among his conservative voters never mind the democrats.
CAT Caterpillar shares are rocketing higher in pre-market on the back of stellar earnings. All of this Caterpillar equipment is being used to build the bunkers to hide from Michael and the archangels and Wormwood Apophis.
Ya gensets for the data centers seems to be what’s hyping CAT up. Solaris(SEI) is another one to watch in the data center mania sector.
Trade balance as expected.
Exports (Jun)
Act: 314.70B Prev: 317.70B
Imports (Jun)
Act: 388.00B Prev: 395.30B
Trade Balance (Jun)
Act: -73.30B Cons: -73.00B Prev: -77.60B
Another day, another record close on the Dow
One good thing about Trump pulling TACO’s is that the stock market is going up further.
One thing for sure is that Trump is extracting wealth from the USA by using his office to enrich himself and his buddies.
Once again Trump pulled a TACO on Iran yesterday at the last minute. Got the military and everybody all revved up like it was definite and then backs out at the last second. No doubt he is doing this to enrich himself by getting everybody to think one direction and then he and his friends go off in another direction.
The quiet part out loud is that our military cannot beat Iran with the equipment we have.
The other quiet part is that the USA does not have the equipment to fight Iran any longer with conventional weapons. Iran has won and the USA has lost.
This may explain why Trump is constantly bluffing. Meanwhile it is making the USA look like a chicken’s ass and we are rapidly losing respect around the world as Trump does not follow through. Trump is a judas goat for the USA and I think this is part of the plan to take down the USA.
Somebody here said that Iran needs to be a player in WWIII and smashing them now will defeat that purpose. Meanwhile Trump is looking like an idiot to the point that conservatives are fed up with him.
If you want to speed up the timeline then vote for the democrats and hope that they win two thirds majority. Trump is helping them along and is the democrats best friend. Meanwhile keep acquiring the assets and making money off the idiots on both sides.
Ezekiel 38, Persia is part of the nations of the latter days that attack the nation of in walled villages. The gulf states are becoming very concerned about the resilience of Iran. Meanwhile, the U.S. is blowing their munitions like a desperate gambler at the roulette table! This I’m sure is a very prophetic.
Leviticus 26 I also will do this unto you; I will even appoint over you terror, consumption, and the burning ague, that shall consume the eyes, and cause sorrow of heart: and ye shall sow your seed in vain, for your enemies shall eat it. And I will set my face against you, and ye shall be slain before your enemies: they that hate you shall reign over you; and ye shall flee when none pursueth you. And if ye will not yet for all this hearken unto me, then I will punish you seven times more for your sins. And I will break the pride of your power; and I will make your heaven as iron, and your earth as brass: And your strength shall be spent in vain: for your land shall not yield her increase, neither shall the trees of the land yield their fruits.
And if ye walk contrary unto me, and will not hearken unto me; I will bring seven times more plagues upon you according to your sins. I will also send wild beasts among you, which shall rob you of your children, and destroy your cattle, and make you few in number; and your high ways shall be desolate.
This was a comment I posted over two months ago. I can’t help but contemplate what this means for us. The year may be off, but the coordinated international effort with all this space stuff points to one thing…..
___________________
I estimate that the 2,000th anniversary of Jesus’s death, burial, and Resurrection is most likely 31 AD. It may be earlier. That gives us five years. Prepare. That will be the end of the 6th day.
This is what this collective oligarchy is most concerned about. The aliens are Michael and his angels, Wormwood, and the two witnesses who prepare the way for Father Yahweh to finish up the timeline for this age.
Islam with its Quran and all of the other religions and their texts are talmudic and demonic frauds. Yahweh abhors religion.
___________
I’m living in a house that is at least 1,000 feet above sea level.
There are a lot of signs pointing to 2030. As you stated, it could be sooner, but not by much. One thing is sure; no one can be saved that can’t be saved! So, we just kick the dust off our feet and keep going. Those that can hear, will hear.
Islam is very demonic. Any religion that encourages violence against others is demonic. In fact, the Farsight Institute did a remote view on Muhammad and it was found out that the supposed Archangel Gabriel was NOT Gabriel at all. They were reptilian beings posing as angels telling Muhammad that he has to be more harsh and strict. As soon as I found that out, I removed any books associated with Islam from my house. That proved to me that Islam is a demonic charade and Allah is not the god of Jesus Christ. In addition, Islam denies Jesus as the son of God and Islam has no room for tolerance.
Its interesting that all religion is designed to through people off the true path! Our society today would not be able to accept the Truth of scripture. The entire world has been deceived and religion, like science and the arts have all played their part!
Islam was helped along by the Jews. Read Mohammed’s biography. He was a demonically possessed liar. The Quran, like the talmud, says their followers are to lie to and kill non-believers in order to enhance and promote their secret agendas and objectives.
I have had people come by and tell me I’m taking stuff out of context, but I have spent a lot of time reading the Quran and Talmud. Both are crystal clear. The Quran researchers get by with abrogation. They cherry pick certain verses to suit their audience, yet they know otherwise.
Both the Talmud and Quran are satanically inspired. I’m not saying to kill Jews or Muslims. I’m warning my readers to avoid both of them. These people will ruin your lives behind your backs. They are to never mix with Christians, unless we want a Babylon.
As we’ve seen with the Jews, they both will try to mix with the Christian population, but covertly work to destroy it from within. Just like today. We Christians are to never partner with either. They will ruin you.
Very true! Study pre WW2 Germany and the Weimar Republic for example.
This is crystal clear to me. Esau married his cousin Mahalath, daughter of Ishmael (GEN 28:6-9) in addition to his Hittite wives (of the Cain blood lineage).
Ishmael was promised by Abraham to become a great nation but did not inherit the additional covenant spiritual promises bestowed upon Isaac.
Imagine being like Esau and fornicating and marrying everyone except your own kind. That is self-hatred. That lineage and mindset persists in their descendants today. Absolutely.
Boomers don’t “have” to sell. The whole premise is stupid. If They live in their $3m homes, paid off, until they die and the kids get it and then rent them out or move in.
Which premise? Mine, the YouTubers or yours?
Besides, your knee-jerk presuppositions rest on people not being greedy, “stupid”, and self-absorbed. Most people I know shoot straight from the hip without thinking. Do you know what I mean? Smart people avoid either or analysis. Do you know what I mean?
The baby boomers I know are worth at least a few million bucks a piece and those with a $3 million house set it up into mechanisms like an irrevocable trust before they get sick and the children become the trust’s direct beneficiaries. But I ask you, who’s smart enough to do that? This is the stuff I do.
You’re a dick. No wonder why you have no friends.
TS, I was going to reply to this Bohemia person, but why bother. Calling them out just gives them the attention they so desperately seek.