An amazing summary as to what is happening to our economy
(media.greatawakening.win)
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I disagree. It's not hyperinflation. It's much worse. Hyperinflation is the overprinting of money. Hyperinflation is particularly easy to stop/prevent. Just stop printing money. What we have is gross negligence and greed corrupting our entire governing bodies. And I don't just mean the federal government.
For decades, now, our economical system has been one giant chess match. Each banking and investing group vying for better position over the others. And, sadly, the form that is the most profitable with the least amount of risk is cannibalism. We know it by another name: Cellar Boxing.
The vast majority of wealth is leveraged in a position to simply pull down other wealth and maintain the status quo of those in power staying in power. Pick an industry and you can see the cancerous way that progress has been stifled and growth/innovation has been suppressed.
Amazon (one of the biggest and fastest growing companies around) isn't really an online/ distribution company. It's a competitor. It is meant to run other companies into the ground through non-competitive practices. Meanwhile, entities such as Bain Capital position themselves strategically to take advantage of whomever Amazon sets their eyes on to destroy. And when those companies inevitably die, Amazon takes their market share while private equity devours the corpse.
Companies that actually innovate can't compete.
Companies that create can't sell.
Companies that ship can't move.
The big boys have made sure that every single mom & pop enterprise, every single innovator and every single independent contractor goes tits up in under a generation.
And now, there is nothing left to consume except the people. So rents get jacked up so you can't afford to live where you work. Property values get jacked up so that no matter when you buy, tomorrow you can't afford. No one is allowed to own any more of their own stuff: you either rent, or you do without.
We have become slaves to our corporate masters of our own free will. Except now, if we are the slaves, endlessly serving to create and build for those corporate overlords, whom do the overlords sell their products to? Whom do they ship to? From whence does their pay check come? The snake cannot eat its own tail forever.
And here we are: our shipping industry is gutted because consultancy groups advised businesses to put the shipping onus onto the truckers. The same consultancy groups advised the DOT to cut back on the way points and support infrastructure to help truckers make long hauls. So prices increase from point A to point B. Not because of increased cost, but because of decreased capacity to deliver (artificial scarcity).
Rinse and repeat in a thousand industries in a thousand ways.
Big money fucked up. They started believing the lie, which they made the vast majority of us believe: that we need them; that we cannot function without their money; that their investments of cash matter more than our investments of our time, our energy, of our livelihoods. They forgot the truth: that all wealth is always created at the bottom. They need us. They cannot exist without us. But we can absolutely exist without them.
So, for the past 2 years—heck maybe the past 2 decades—they have been trying desperately to get us back in line. They need the social order to remain constant, otherwise—well the opposite of constant is change.
Interest rates? Means nothing but another word for the ultra rich shitting downhill on the super rich.
Inflation? Nothing to see here except increased cost due to greed and a failure to properly maintain the infrastructure.
Banking implosions? The snake eats its own tail.
Shit's going to get terrible. But, to quote Joplin, "Freedom's just another word for nothing left to lose." And they stupidly took everything else from us.