Solving Economic Inequality: An Occupy Movement for this Moment?

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Күн бұрын

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@matthewepperson1149 2 ай бұрын

Occupy your workplace! Form a worker co-op, join a union, or even start with a conversation with a coworker about decision making and power. We all have something to do here.

@LauraFlandersAndFriends 2 ай бұрын

Pinning this comment!!

@koltoncrane3099 2 ай бұрын

The conversation also should include that when new debt or mortgages are made new dollars are printed into existence devaluing all other dollars. The old monetary system of the U.S. let miners take silver or gold to the mint and get coin money back from the mint with zero new debt issued or created. We should legalize this again and let workers choose to be paid in silver or gold and pay tax in that. There’s already a non profit bank in Utah that lets you buy precious metal coin money and then you can store it there or spend it on a debit card. The corruption is this. If you are paid day one gold ounce worth of fiat dollars and banks print 7 trillion for the rona and economic shut down, did gold really go up in value these last four years when it went from like $1600 or something to $2500 and it varies by year. But like workers used to get paid in gold or silver and they literally held it to save and spend in the future. Money stores purchasing power. Currency does not store purchasing power and is just for exchange. But here’s the thing if you hold the equivalent of an ounce of gold in fiat dollars over time new dollars are printed into existence or made digitally and the purchasing power you had goes down. If you were paid in one ounce of gold perhaps you retained purchasing power but when you spend it you’re then taxed on it assuming gold has gone up a little they tax you on that nominal amount when in reality gold didn’t really go up but fiat dollars in existence has expanded. I read gold mining increases new gold in existence by 1.6% every year. Fiat dollars you can’t really know how many new dollars are made when half of all dollars are used out of the U.S. and made by banks in England and elsewhere. It’s called shadow banking. Look Up the channel euro dollar university. Two banks in England with zero U.S. dollars can just lend one million to each other and it balances out. Because no one demands physical dollars they assume it works and they can wire the money to another bank abroad etc and then they get paid back in physical dollars making the ledger and everything work out. Watch the video on KZbin spiders web how when Uk lost the Egypt canal and the U.S. told UK no to war in Egypt the UK still having Capital controls not letting pounds leave the country, the Uk let banks issue US dollars and that let them maintain some control over their prior colonies abroad.

@koltoncrane3099 2 ай бұрын

It’s so dumb they occupied wallstreet when they should have occupied the federal reserve as that’s where the power lies. I specifically remember they interviewed Peter schiff who described things and answered questions as he was a rich guy that took to the streets during occupy Wall Street. You may not agree with everything he says but he does a good job of explaining or speculating on the second and third derivative consequences of government and private central bank interventions in the economy. His dad wrote a book and went to jail for believing income tax was unconstitutional or something. I do agree the estate tax is unconstitutional as that’s a direct tax that’s not apportioned among the states like the constitution says. Wallstreet owns the federal reserve, but it’s the federal reserve that always bails out Wall Street. If you banished the private central bank then we can get back to semi free market capitalism. As long as there’s a central bank we’ll have mass corruption and wealth inequality. Remember the central bank was made for Wall Street by Wall Street not for wealth equality. But real Capitalism believes in depressions and recessions to wipe out bad debt and hold risk takers accountable if they’re bad at management. A lot of monopolies exist today because we have a private central bank that kept interest rates going ever lower. capitalism sold out to corporations or monopolies when bankers and politicians established a cartel in 1913 making the third privately owned federal reserve. They pay a 6% dividend to wallstreet and a 90% franchise tax to the treasury.

@koltoncrane3099 2 ай бұрын

You should Interview Peter schiff. He and Gerald celente etc have mentioned how they used to give more interviews on media but have done less over time. I think there’s definitely a shift. You don’t want people calling out the elephant in the room. People want to just listen to emotion and not use logic to solve the issue. Tons of democrats for instance will say inflation is supply chain issues. They don’t want to say inflation came from printing money because republicans and democrats did that. Democrats also don’t want to say inflation comes from printing money because they’re slowly pushing for modern monetary theory. Now Abraham Lincoln did modern monetary theory printing money for the civil war and issued no debt on the money he created. It literally did cause inflation just like the continental inflation we saw in the revolutionary war. But printing and stopping maybe it works. Bankers had the most to lose if Lincoln stayed alive and tried to do it again. If the U.S. printed new money without paying interest on mortgages it’d help the government but would hurt New York City dramatically. Oh the issue with MMT is like professor Kelton says the limit to MMT is inflation. If inflation picks up you must raise taxes immediately or stop spending. If the government had digital programmable currency they could do instant tax or whatever or issue a negative interest rate or limit what you can buy. A tyrannical government could do those things which the west looks like it’s going that way. The UK alone with jailing people for exercising free speech is quite appalling making me wonder if the west truly is freer than Russia or China when it comes to free speech. Kamala said Elon is bad cause he or others on his platform can talk to millions without any regulations or censorship. She basically said we don’t want any more Joe rogans and don’t want any independent thinkers communicate to the masses without doing what the government wants. Another question with inequality is endless war. A ton of debt and new dollars were made to fund the Iraq and Afghanistan wars to take land from goat herders and now give it back to them. Some billionaires in the U.S. made a fortune off of that war while some died and bled being patriotic. Does funding nato help with wealth inequality? It taxes Americans and then indirectly gives free college to Europeans. Since Europe should pay cost for the military it’s easy to see if they’re not paying cost then the money they save can go to social programs like free college. I had a roommate from Europe that abd free college.

@koltoncrane3099 2 ай бұрын

If Europe funded nato or paid 100% cost the U.S. would have billions to give out on free college. The issue is indoctrination. Billionaires and the government used media to push nato and normalized endless war and how it’s patriotic to pay taxes and give free money to foreign militaries. No one dares question why do we believe the way we do? Likewise I was indoctrinated Israel should belong to all of judahs people. They deserve to run it after ww2 I was taught. Then I learned tons of judahs people were expelled from Palestine during the 1948 war. It made me think why do I believe the way I do. The Bible says Judah’s people inherits one portion of the land of Canaan. Even during Jesus day the southern kingdom was run by Judah’s people but they never ran all of Israel. Thinking they should run all of Israel is modern day indoctrination. The Torah or Old Testament is totally opposed to how judahs people controls the land of Canaan. Also if you read the Old Testament they’re supposed to follow the year of jubilee which is the 50th year in a cycle. Jubilee is a commandment where bankers forgive all debt and all enslaved are free. Jf made wonder how would banks not go bankrupt? Or maybe they did but didn’t care cause it’s about community and spirituality.

@nancyferrier8609 2 ай бұрын

And God help us when CBDCs are introduced. No privacy and banks control your funds including access.

@g2gris29 2 ай бұрын

Capitalism has sold out to Corporations. The 1999 film "Fight Club" called it out in many parts throughout the movie. You may remember the line, "When deep space exploration ramps up, it'll be the corporations that name everything, the IBM Stellar Sphere, the Microsoft Galaxy, Planet Starbucks." The corporations will also own everything and everyone in one way or the other. Our trajectory is frightening!

@ambardrachi5610 2 ай бұрын

Robocop has also mentioned the overtaking of the Public Sphere by big corps.

@frankray2931 2 ай бұрын

capitalism is corporations so they can’t sell out to themselves. Its just not a sustainable system.

@koltoncrane3099 2 ай бұрын

It’s so dumb they occupied wallstreet when they should have occupied the federal reserve as that’s where the power lies. Wallstreet owns the federal reserve, but it’s the federal reserve that always bails out Wall Street. If you banished the private central bank then we can get back to semi free market capitalism. As long as there’s a central bank we’ll have mass corruption and wealth inequality. Remember the central bank was made for Wall Street by Wall Street not for wealth equality. But real Capitalism believes in depressions and recessions to wipe out bad debt and hold risk takers accountable if they’re bad at management. A lot of monopolies exist today because we have a private central bank that kept interest rates going ever lower. capitalism sold out to corporations or monopolies when bankers and politicians established a cartel in 1913 making the third privately owned federal reserve. They pay a 6% dividend to wallstreet and a 90% franchise tax to the treasury.

@theicyridge 2 ай бұрын

Another great thoughtful and intelligent conversation. Thank you.

@pamstubbs4699 2 ай бұрын

My mother grew up in that era in the 1930's..

@pamstubbs4699 2 ай бұрын

My late mother predicted the 2008 crisis in 2002...

@frankray2931 2 ай бұрын

working class has to unite and organize and continue the fight. In our capitalistic system, there will be an economic crisis every 8 to 10 years. democrats and Republicans I just different sides of the same coin. We need to get the money out of politics and elect politicians that work for the people. #jillstein2024

@nancyferrier8609 2 ай бұрын

Dark money infects both poitical parties. Reverse Citizens United.