The Rich are hoarding the Nation into poverty!
“Where will the rich go if they turn the entire planet into one giant ghetto?”
Where will they go? Will the wealthy live behind great walls, once they’ve turned America in to one vast ghetto? Will they flee to some other country? Or is it time for them to move into their decommissioned missile silos
or onto some giant ship
that simply sails from ocean to ocean, avoiding the fallout of their greed? Before we look closer at each of these possibilities, let’s see if we can get into the minds of the ultra-wealthy to determine their motivations.
First, I would like to get my own personal belief out there for consideration. Simply put, I believe the rich see something coming, and they decided to take whatever action(s) they can to circumvent or avoid some planet-wide catastrophe of which the rest of us are or will be unaware. Remember that opening scene in the movie “2012”, where billionaires are being called and told that they must contribute more to keep the project on schedule. In case you didn’t see that movie, here’s a spoiler alert. In it, the rich are given some heads up about some impending disaster that requires more of their wealth being thrown at the problem than was previously thought necessary. In the end, the audience discovers that the project the rich were funding was for a series of giant arks or ships, meant to save these millionaires and billionaires from a Noah-esk flood that will cover the planet. Outrageous, right? But would this idea be so outrageous, if you had the means to protect yourself and your family from such a disaster? If you had more money than you could spend in a lifetime, wouldn’t you spend the money to safeguard against such a tragedy or one similar?
Let’s say, instead of a biblical flood, the threat were social unrest and upheaval caused by an unsustainable and failing economic system? After all, the American dollar is a fiat currency, meaning it’s not based upon or backed by anything with intrinsic value. Where it was once backed by gold, the American dollar’s value is now only based upon an evaluation provided by the Federal Reserve, the central bank for all banks in America. The Federal Reserve can increase or decrease the value of each dollar by putting more money into circulation or removing it, which does not actually provide more intrinsic value for every dollar.
Simply put, it would be as if you were playing a game of Monopoly and the player with the most money wanted to keep playing, so they made a rule change that allowed them to incorporate the money from a second Monopoly game into your current game. If that rule allowed for the incorporation of exactly twice as much money into your game, every single Monopoly dollar would now be worth half of its previous value. For the person with the most money before this influx of new Monopoly money, the impact would be inconsequential. To illustrate, let’s say this first-place player had 40,000 dollars before the new money. Now they have 80,000 dollars