Methods Used to Extract Money from the Masses
(( Under MAJOR Construction ))
Monetary Easement is the creation of printed money from nothing, injected into the economy through government programs. Up front the economy responds positively, but soon after inflation kicks in somewhat since the easement dollar dilutes the value of existing dollar. This is like adding water to the koolaid - the number of flavor crystals remain constant but the volume of water increases - so it takes more money to buy the same amount of goods and services.
EX: Following the 2008 crash and the ensuing recession ...
https://en.wikipedia.org/wiki/Quantitative_easing
Interest Rate Lever is used by the FED in order to control the economy’s growth. The ‘lever’ (borrowing rate) is lowered in order to provide easy to acquire money which then allows growth in the economy (albeit not felt by the masses). Participants buy stocks while they are affordable (buy low). After a period, which seems to be between 8 to 10 years, the lever is moved and rate go up and the market falls back, but only after the Participants reap their profits (sell high). Institutional investors such worker’s pension funds and IRA management accounts take the bulk of the losses.
EX: Dot.Com bust in 1999: In order to have an excuse to sell, Chairman of the FED Greenspan expressed nervousness in the dot.com growth. The markets started to crash immediately following his comments. The Participants sold high and bought back in low.
https://en.wikipedia.org/wiki/Dot-com_bubble Some, such as eBay.com, later recovered and even surpassed their dot-com-bubble peaks. The stock of Amazon.com came to exceed $700 per share, for example, after having gone from $107 to $7 in the crash
Def: Federal Reserve (“the FED”) is neither Federal nor a Reserve - it is a conglomeration of commercial banks set up by central bankers of Europe to provide the US Government with the cash it needs to conducts it operations, namely wars. the formation of the Federal Reserve System, which occurred at a secret meeting at Jekyll Island, Georgia in 1910
See “The Creature from Jekyll Island: A Second Look at the Federal Reserve Paperback” by Griffin
Military Industrial Waste is the....
Unnecessary War (War Profiteering) is the....
Military Industrial Waste is the....
Money is human labor - you work a normal 50 or 60 hour week and get a paycheck at the end. Also, since we can only work 20 hours a day we earn a finite amount. However, if you impose an economic model that allows one to benefit from the labors of another you can earn more, much more.
Our Core Needs are - Food, Clothing and Shelter (4hrs of labor a day)
Next, Needs of Wellbeing - Security, Health / Spirituality and Education / Entertainment (2 hrs total of labor a day)
If you live in a Capitalistic society you will need another 2 to 4 more hours a day to pay someone else’s profit margin. (Actually capitalism is an extraction method. I’m a capitalist - it gets us out of bed in the morning.)
SHELTER. Two methods here - landlordism under free market and mortgages.
Mortgages: My European friend said when she was a kid her family saved for 12 years then bought a home outright. Now we borrow the money and end up paying for 30 years. From Karl’s Mortgage Calculator you will see that we end up paying 282,576.53$ interest to the bank to borrow 330,000$ for a home for a total of 612,576.53$.
https://www.drcalculator.com/mortgage/
If you saved 1200$ a month for 12 years you would have 240,000$ at stock market rate of return. If more people saved to buy their home then the market value of a home would be valued at around such this amount.
You you paid off your home in 15 years (2449.25$ per mo) you would save tons of interest money paid to the bank (no refi needed - just make an extra payment a year):
HEALTH
“Australia pays for its health-care plan by taxing its residents between 2 percent to 3.5 percent of their income. Almost six out of 10 adult Australians also carry private health insurance, which covers treatment that's not included in the public insurance, such as dental care, while also providing more options for hospital choice and doctors. “
http://www.cbsnews.com/news/trump-says-australias-health-care-beats-the-us-hes-right/
So currently, to get what an Australian gets in coverage, I pay 18.4% of my income!
Even if we had single payer (Medicare from birth-to-death) I would be paying about 10%, or more. Our medical system is based on greed, not quality. Our Heroic medicine (ER visits, kidney transplants, etc) does well, but our Ambulatory (office visits) is not so good.
“By many measures, Australia's health-care system provides better outcomes at a lower cost than the U.S. system, according to data tracked by the Peterson-Kaiser Health System Tracker. Australia's government provides free or subsidized health care for Australian citizens as well as those with permanent visas, providing what's considered universal health care”
This guy sums it up well: https://en.wikipedia.org/wiki/Sicko#News_media
So son, be a Doctor in the US and cater to the elderly and give them every test under the sun and go for open heart surgery even if they don’t need it and the US tax payer foots the bill -- you keep lots of profit!
“Dad I wanna be multi-millionaire,” Well son, who do you want to exploit?” Here I’ll list some of the ways (some of which I consider to be legitimate moral methods - so long as caps are put in place) ...
Because of the conservation of human labor and the finite hours in a day the following theorem can be shown:
If someone lives above the cost of living then someone, somewhere, in the past, the present or yet in the future, must live below the cost of living.
Once you realize the basic needs of a human being you will see how the extraction methods come into existence.