justice for all @bitcoin75A - Twitter Profile

Most people are getting poorer and they have no idea why. Their salary goes up, their bank balance doesn't shrink… On paper they’re fine. But things like property, stocks, and land run away from you. And every year the gap gets wider. Here's what’s happening: Wages grow at the pace of the economy. Assets grow at the pace of liquidity... about 8% a year. Own assets, the tide carries you up. Don't, and you spend your life running to stand still. And it's deliberate. Banks, central banks and the treasury are the only ones who can create money, and they create it to fund the interest on their debt. That money floods in and lifts every asset with it. Debasement, or liquidity if you want the nicer word. That's the force under everything.

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bitcoin75A retweeted

Raoul Pal

@RaoulGMI

about 2 months ago

If your returns aren't beating 11% a year, you're getting poorer. Global liquidity grows about 8% a year. That's the money supply expanding, and it means the value of the cash in your pocket falls by roughly that much every year. Add maybe 3% of normal inflation on top and you get to an 11% hurdle. Most people think if they've beaten inflation they're fine. They haven't. Inflation and debasement aren't the same thing. Inflation is your money losing value against goods... rent, groceries, fuel. Debasement is your money losing value against assets... property, stocks, the things that actually build wealth. You have to clear both. This is the real reason the rich get richer and everyone else falls behind. One side owns the assets. The other side is holding a melting ice cube.