Hedge The Cheesecloth Colander Economy
Kennel Kelp Holistic Health Care
English - November 22, 2022 06:30 - 33 minutes - 14.8 MBHealth & Fitness wellness health and wellness cancer diabetes neuropathy charity alternative alternative medicine holistic science Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Grandpa Bill today explores how when society is experiencing financial sovereignty, it can and will directly impact the ability to access high-quality healthcare, food, and other essential ingredients in health and in overall lfe happiness.
What is the basic purpose of money?
Store the value of the work you performTransfer value (trade) for goods and services that you do not provide for yourself
PROBLEM WITH THE SYSTEM #1:
A Cheesecloth Colander with Holes in the Bottom
The current financial system relies on fiat currency: government-issued currency that is not backed by a physical commodity, such as gold or silver, but rather by faith in the government that issued it.
Complex monetary policies can slow inflation, but these will not likely work forever, and this is becoming more evident. The consumer prices index, a measure of inflation, rose at an annual rate of 5% in May 2021, the highest since August 2008.
Governments and central banks have shown a persistent tendency to inflate their money supply
PROBLEM WITH THE SYSTEM #2:
Backwards Incentives
PROBLEM WITH THE SYSTEM #3:
Censorship