Have you ever wondered why it’s so expensive to live?
Have you wondered why we are expected to work 9-5 until we are 65 for a pension of £100 per week when we retire?
Do you work harder to earn more money but never seem to be better off for it?
Have you ever wondered why the gap between the super-rich and poor is getting bigger?
There is a reason and it's because of the system we are in is designed for us to be the pawns!
It's time to level up, time to elevate, time to hack the game and stack the chips in our favour and become the rooks, knights and kings!
Let me explain how and why....
The current monetary system
I have increasingly become more uneasy and frustrated about how the world is over the last few years, a sentiment I know many share.
So much division, so much coercion, so much control being exercised without much opposition. It’s really concerning to me how so many people have lost the ability to critically think and look for the truth themselves instead of buying mainstream narratives.
My concern about the last years and the current “situation” and seeing so much money printing lead me to further my research on ways I can take back some control in my own life.
This led me to stumble onto a documentary called "Four Horsemen" which blew open so much of my suspicions or at least put together and backed up shards of information I had learnt over the years.
In short. OUR SYSTEM IS F*$KED
This documentary shows just how unjust our whole society is. It gets dark as it goes into the 4 signals that we are nearing the end of our society as we know it. The 4 horsemen of the apocalypse.
However focussing on the financial system, it highlights the corruption and flaws of running on a FIAT system. In Latin FIAT means “let it be done” in other words It’s a verbal agreement.
Once upon a time our Pounds and Dollars were tied to the price of Silver and Gold. Which meant they represented something tangible. However, 85 years ago the UK abandoned the gold standard with the US following suit around 35 years later to be replaced with a FIAT system. Which means It doesn’t represent anything real.
The problem with this is that the people who are in control of printing the money, the Banks, are now in charge. They can print money from nothing and then loan it out to you at a cost (not a bad scam eh?!).
The more money in the market the less the money is worth. The higher inflation and the more expensive things are to buy.
This means the more money that is printed the more it devalues our existing money. So that money you are saving is likely going to buy you less when you come to spend it.
If that is not bad enough, we are not actually living in a truly capitalist society.
In capitalism, if you’re a good business you are rewarded. If you are a bad business, you go bust.
However, the 2008 financial crisis showed that we are not playing on the same field. We discovered that the Rich have the benefits of socialism, and the poor get Capitalism.
The banks did a huge amount of dodgy dealings (watch “The Big Short”), yet the government bailed them out to keep them afloat. Yet any other business especially small businesses were left to go under and rightly so if they acted the way big banks did.
This shows just how unjust and corrupt our system is. It is ethically immoral.
Due to the pandemic, the US and UK governments have printed more money in a short space of time than ever before. Out of the circulating supply of USD, 20-35% have been printed since the pandemic started. Crazy!
The worry is that this scale of money printing will devalue our currencies so much that the inflation or cost of goods become outrageously expensive. The potential for hyperinflation is very real.
Hyperinflation is determined when the price of goods increases rapidly at 50% per month. It has happened before in countries such as China, Germany, Russia, Hungary and Zimbabwe. The worst of these, the inflation was increasing 100-200% per day!
Just imagine the cost of your food doubling each day!
One of the main causes of hyperinflation is when Central Banks print too much money… uh oh!
I am not saying this to scare or panic you. I am drawing your awareness to potential outcomes of what our “leadership” is doing to our currency and economy.
I am highlighting this so you can do your own research and make your own plans to protect yourself and your financial future.
One of the ways you may look at doing this is by looking at Cryptocurrency!
What really grabbed me with crypto was not the financial upside potential (which is huge) but it was that it seemingly held the solution to the problems our economy faces. It is the solution to money printing. The solution to benefit us. The people. The majority.
See, Bitcoin was created by Satoshi Nakamoto (a Pseudonym whose identity is still not known!) after the 2008 financial crisis as a solution to stop banks messing with our money and our lives.
The idea. An open, decentralised currency that is not corruptible and has a capped supply. Genius!
Using software and very clever technology called a Blockchain. This is a self-checking self-operating system that doesn’t need a corruptible person in charge of it, just users! Bitcoin has grown from strength to strength with more and more mainstream adoption.
The technology aspect of Bitcoin is the “Blockchain”. This is the technology that has huge potential. It is basically an information ledger, for Bitcoin it says person A has sent X Bitcoin to Person B and so on and so forth. It tracks that bitcoin along its travels and is open for all to see all automatically checked and verified without human error!
The beauty is that unlike the rest of our currencies we know that there will only ever be 21 million Bitcoin (BTC). This means that the more people want bitcoin the higher its value. A bitcoin is also split into teeny tiny bits called Satoshi’s or sats (after the creator) so don’t worry you don’t need to have a whole one (which at the time of writing is $42,000).
The very fact that there is limited supply means that it will hold a certain value. The market is still very volatile and governments all over the world are doing their best to put out FUD (Fear, uncertainty, doubt), restrictions and bans on it as they can see that they may well stand a chance at losing control over their monetary system. Of course, they will say that this is in our best interest.
Much of which is using the tech of Bitcoin the “Blockchain” and really using that for a whole host of other opportunities. The blockchain is effectively a block of data and could in theory be used to transfer and hold all forms of information such as medical history, marriage certificates, land titles and could potentially even be used for contracts. Opening a whole host of potential especially with finance.
There is huge excitement around Defi (Decentralised Finance), building technology to make finance open, clear, trustworthy and decentralised so that it cannot be manipulated. This technology is going to revolutionise the internet and our financial system!
Look at me putting mindset in here! It’s almost as if it impacts all areas of your life!
Of course, if you have read my first blog ……. you already knew that!
I’ll keep this portion simple. Your attitudes and beliefs about money matter.
Your Mindset towards money and people with money matters.
If you say you don’t like money, say you never have enough, say you will never be rich, say you don’t like people with money.
Guess what? You will always financially struggle.
A lot of our attitude towards money comes from our feelings of self-worth etc and our attitude towards money will heavily impact our financial situation in life.
Listen to how you talk about money, what’s your self talk like? How’s your financial situation?
Start to pay attention to how other people talk about money and see if it correlates to their financial position. I think you find it will.
In the UK so many people dislike other peoples success. How many times have you heard someone comment when a guy in an expensive car drives past “wanker”, “Lucky bastard” etc Instead of “good for him” “he must have worked hard”.
I believe this is because we are not taught a growth mindset and so many people in the UK lack the belief that they can achieve financial success if they choose to pursue it.
Therefore they resent people for their wealth and success and often blame it on being lucky rather than them working hard!
Well, I have news for you. You can absolutely achieve whatever the hell you want. We all can!
You just need to change your Mindsets and f*cking believe. Then you need to put in the hard work starting with...