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Eye opener for March 26, 2024: The rich are stealing your wealth again.

The rich have stolen the wealth of many nations time after time... And, they're doing it again.

Think of any investment one could make and you will have thought yet another way in which the rich stole that opportunity from the masses. Precious metals especially gold was one of the safest bets to hedge against inflation until someone came up with the idea of paper gold. Paper gold is basically a currency that is backed by gold. It is a means of settlement that says you own the amount of gold as is described on a piece of paper or defined digitally on some computer somewhere. You did need to store the gold described in the paper, so you could have a ton of gold verified on a single sheet of paper without ever seeing the actual gold. This would seem to require as much trust as Americans have that their country will put their needs over the needs of foreign lands like Ukraine or Israel. Highly suspect and highly unlikely to end well for those with sheets of paper attesting to their wealth. The rich have actual gold in their safes while you hold a piece of paper they promise represents the gold stored in their vaults. It sounds like you hold a piece of paper,

Stocks were once a means to invest, stay ahead of inflation and guarantee a better future for your children. Today however, 90 percent of all stocks on the New York Stock Exchange are held by less than 1 percent of the investors on the NYSE. In essence, the masses can barely see any profitable gains with such a small portion of this investment. Unless you are actively trading and winning a majority of those trades your stocks are not increasing your wealth in any substantive way. Just think about it like this: If you have one thousand shares in a company and each shared goes 200 dollars per share to 201 dollars per share, you have made 1000 dollars of unrealized profit. Sounds pretty good until you think of what it took to earn that $1000 dollar increase Your initial investment had to be $200,000 dollars ($200/share times 1000 shares) to earn $1000 dollars. That's not ten percent in profit. It's not one percent in profit. A $1000 gain on a $200,000 investment is only half a percent in profit! Now, I realize that stocks go up substantially more than a dollar per share. The problem is that unless you got in when the shares were most affordable, you don't hold enough shares to guarantee a better life for yourself, let alone your children. And, given the economic in which we now live, you'll probably have to cash in those stocks before their value increases substantially. Maybe given time, the stock market could have changed your life, but for most, it only offers a means to pay some bills in between jobs, if that.

Now, real estate is supposedly a great way to guarantee your future wealth and that of your offspring. That is, if you can even afford one if the houses which prices have been driven out of range of most people. When your fellowman have driven generations of homeowners out of the only neighborhoods that have known and corporations came into push those prices even further up, homes became unlikely propositions as far as being profitable to you average homebuyer. When the prediction for home evaluations become that new homebuyers will have to hold onto the property for thirteen years just to break even on the equity held in the home, this sounds more like a outvestment (I'm coining this term now) than an investment as you are sitting in the "outs", waiting for others to join you in your upside down purchase to drive you back into profit. Misery may love company but few people love misery.

So, even the supposed safest investments like gold and housing have been confiscated by the rich under our barely watchful eyes. And now, it is happening again and on a scale that one would have to be willfully and woefully ignorant to not see. Ask yourself why the largest asset management firm, several others of the largest asset management funds and billionaires would be buying up Bitcoin by the billions. Are they doing this willy nilly or, in other words haphazardly? After year years of demonizing Bitcoin as a scam, why would banks be clamoring for the right to custody (hold) people's Bitcoin for safe keeping? Jamie Dimon, who holds Bitcoin once said he would fire anyone working at his bank JP Morgan who got caught buying Bitcoin. With all of the problems that the banking sector is seeing these days, why would they seek to custody such a volatile commodity? Do you think that neither the asset management funds nor the billionaires nor the banks did their research into the profitability of Bitcoin and the other cryptocurrencies they are now snapping up as soon as they become available? Like I said, it takes a willful and woeful ignorance to not see how much money is being pumped into Bitcoin and the cryptocurrency market. Most people still believe that all cryptocurrencies are purely digital currency created with no other purpose than to scam people out of their money. Most people don't know that several cryptocurrencies are offering products and services in the real world. Things like physical cell phones and the cheaper to free cell phones services are things of which the wider public is unaware: Look up Helium mobile, which offers free wifi to small businesses. Disclaimer: I am investing in helium mobile hotspots, but I don't mind informing people of this in my post because even when people hear of such things, they ignore them. Most people are unaware of Solana's smart phone the Saga (sold out as of the writing of this post). I bought this phone for $600 dollars and it has all of the features as the other phone I purchased through an international carrier. The difference is that I received over one thousand dollars in cryptocurrency when I activated the phone. I could have sold this cryptocurrency immediately but luckily didn't because I believe in it as an investment. In a few days it's value went up to $1500 dollars and has settled back down to $1300 dollars until today when it started going back up again. And, the other thing about my phone is that I get paid to carry my phone around. This is helium mobiles way to discover and expand its network, so I am happy to help and even happier to get paid to help. The money I make just carrying the phone around not only pays for the cell phone service, but I actually make a lot more than the cost of service, but crypto is only a scam.

Keep believing everything the rich tell you and keep ignoring their actions and stay broke. The rich have no problem laying claim to the potential gains you leave "on the table". I have no problems with it either.

In 2018, I wrote a book highlighting the problems Humanity would face if more power, wealth, and control was funneled to a small group of elite individuals, groups, or organizations. In my book, I provided solutions (from myself and others) to the inevitable problems and also a means for the Public to analyze, compare, and contrast the words and deeds of those we choose to follow against reality. In my book Solutions: Enough complaining. Let's fix America.

In "Solutions...", I provide the means for readers to disseminate information as provided by their news sources of choice, their elected officials, and any other authority they choose to follow. The book also offers a means to hold their leaders up, not just to a higher standard than is currently accepted but to one that would improve their lives and the lives of those for whom they care.

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