The rich get richer. Everybody else gets inflation.

𝑴𝑺𝑵𝑩𝑪 𝑮𝒖𝒆𝒔𝒕 𝑻𝒆𝒍𝒍𝒔 𝒕𝒉𝒆 𝑻𝒓𝒖𝒕𝒉 𝑨𝒃𝒐𝒖𝒕 𝑾𝒆𝒂𝒍𝒕𝒉𝒚 𝑬𝒍𝒊𝒕𝒆𝒔 Scott Galloway, multi-millionaire professor gives dire warning about the decline of American capitalism and wealth inequality. ★ NEW ARTICLE ⬇️

The irony letting the banks fail would have been horrendous but also would have fixed a lot of the problems lol.

tearing off the band aid. Takes a leader, we have very few.

The blueprint for creating inequality: Hand 2% mortgages to wallstreet fixed for 30 yrs Housing inflation Make rich richer Hike rates to 7% Ordinary people are made responsible for bringing inflation down thru demand destruction. I.e., they bear the cost of wallstreet’s spending

@Sinz_Bitguide And wrap it up with "wageflation" as the scapegoat.

The one sided over focus on 'inflation' is wrong, and not just because we've been in deflation since April '22. But because the so called 'inflation' is more accurately called eternal debt growth. Fueled by USURY. If you want to say 'inflation is theft', fine, but so is Usury.

It's what I'm seeing. Higher interest rates don't matter to cash buyers. $600k+ homes sold for cash. Where do you want to store your money? In a bank or in assets? For the working class, expenses up 30% and wages are stagnate.

Excellent job in explaining the wealth redistribution scheme by the Feds beginning w Dotcom crash ,2008-9 financial crash ,and 2020 Covid lockdown . Imo this is by design aligning w the WEF to accelerate government dependency into full blown socialism communism by 2030.

A man after my own sentiments! This is a #MustWatch to anyone that truly wants to understand #money excellent and very easy to understand why you might feel you can never get ahead...and how the Federal Reserve transfers trillions to incentive and enrich a very small minority.

I really appreciate the tremendous amount of preparation you put into these well done monologues… Virtually every day. So many of us benefit from your effort, Peter.

Glasses off today, nice!

Realized I don't need them -- my screen's the size of a table 😂

How you managed to keep so clam why delivering such dark message 🤨😮?

😂😂 because I know we will win in the end

Solid, succinct explanation. Thanks.

Been looking at M1 for the last few weeks showing people the chart for it for the last 3 yrs I don't know economics but M1 is still freaking me out This explains it a bit. I would love to hear your take on what M1 can do to the economy and whether is it a bubble waiting to burst

But The @krassenstein says everything is just fine and the best it’s ever been. Wonder why he is totally opposite of what everyone else sees? I think we know why.

Yup

Bitcoiners also get richer

It's actually a lot simpler than what you describe. Increasing the money supply decreases the value of money while physical assets retain their value. Rich folks tend to own more physical assets than poor folks, so of course they'll do better. That's why it's so important to keep inflation in check with prudent monetary and fiscal policies.

Yep

Appreciate you Prof 🙌

TLDR: In fractional reserve system over the long term, the tide generally drowns the little boats and raises the big ones.

One of your best.

Bring back #GOLD standard.

Physical assets are where it's at atm IMO... Especially that Yellow shiny stuff... I've converted about 1/3 of my Non physcial assets into it and will continue to ride the cresting wave of the Markets and cash out pieces along the way for more Yellow stuff...

I love how you deliver the worst of news in the most calm manner possible lol

@berningmama412 you might like this one.

Ok

@orangepillpod

Capitalism at its finest.

@mcm_ct_usa Is this another Peter Schiff that will prevent one from making money

Wait!! WHAT??? - Biden told me a raising tide raises all boats. Was he wrong?