Gary Scammerson? Pt.2 (Explanation)

I've obviously ruffled some feathers on TikTok (see the controversy (https://vm.tiktok.com/ZNddnv5X5/) regarding my opinions around @garyseconomics Gary Stevenson's solution to the problem of the wealth #divide I'm not complaining about the problem and whether he's right about that largely he is right in relation to the wealth divide the buying up of real estate as an asset out pricing the working class people he's right about the #systemic problems, he is wrong about the solution of taxing the rich it's a misnoma it's a misdirection it's an impossibility it's something that will actually be counterproductive in the fact that it will hurt the #poorest people the most in the long term we live in an environment that is a 'fiat" monetary environment.1971 #Nixon and the #NixonShock took us all of the #gold #goldstandard the US dollar is the world reserve #currency they control the world circulating money all the banknotes in the world that aren't US dollar are just derivatives of the #USD #dollar whenever the #fed the #WorldBank turn on the money printer they #export that inflation across the #world hitting the #GlobalSouth hardest first and then all the other #derivatives on top of that so when you come to say taxing the rich you're missing the point in the sense that it's those who are closest to the #moneyprinter that benefit from the printing of that money first and it's printing money for free that you and I have to work hard for the tax that you pay in your pay packet is only to try and sort of hedge against the inflation that they are creating themselves they get you to #work get paid taxing you for the printing that they've done of the money that they've benefited from first there's no ability to tax the rich when the rich are the ones that are in control of the money spigot if you go for this tax to rich narrative what you're actually doing is insisting on more #government central #control to manage the problem that they #mismanaged in the first place you're asking them to #enforce
something and #redistribute something out really it's more #bureaucracy more #surveillance more #coercion and you're giving them more #power in the same system that created the #wealthgap in the first place so you gotta understand the fundamental issues here and that is that money is backed by nothing and it can be created out of thin air and when they #print the money they're investing in things that they want to benefit from and we just have to accept it and be #frustrated and argue amongst ourselves about now and why that money was spent there instead of here when they're lining their pockets helping their friends out. Like I said I'm not complaining that Gary is wrong about the problem he's right about the #problem the problem can't be undone in a system where they control the money as long as the state and the central #banks are in control of the #supply and
#issuance of money then there's no way out of it because they are in #control there's no escaping it the only thing is to actually find something that is outside the #system that you can benefit from and circumvent them in a sense that that you can make them redundant if you find an #asset that is something you can hold for yourself that is #finite and it's gonna hold its value and increase its #value over time to hedge against the inflation that they create and you can own that thing in your own custody for your own benefit and gain in the long term that's the #solution not #taxing the rich because it's you and I that will be paying for it and who decides what's #fair who decides who is #rich what the amount is it's an impossible thing are you gonna stifle your own #productivity because the state are gonna put a
thumb over your head and say no, you can't be any more productive and make any more money now you've reached a #threshold so are you gonna stay on the radar or #work harder in order to pay more for the thing that you are trying to produce for the #benefit of #society, so #staycurious #studybitcoin #bitcoin #freedom #poverty #optout