posted ago by defiant_liberty ago by defiant_liberty +5 / -0

So in 1913 the government created the Federal Reserve. That way the system had a means to finance various world wars. But the thing is, how does the middle class protect themselves from the constant ruin of their pay and savings? Well it turns out the middle class found that one good way to protect yourself was to take out a long term mortgage and buy a house. As the government ruined the money, that house would gain dollar value in proportion.

But why does this work in the USA, and not other countries like say Ecuador? Well, the reason is that that USA had a strong and large middle class, and had a lot of economic liberties, low taxes, and low regulations, and low corruption compared to other countries. So you take the economic liberty of the USA, and add in some zoning laws to limit alternatives, and it turns out people could make a lot of money on their house. This also enabled a lot of people to gain out sized wealth off of real estate, like Trump.

So that's what Trumps agenda is. Kill the bullshit taxes and regulations to make the US economy grow, and re-create the world he grew up in.

But there is just one problem with that. All that fed money printing isn't organic. It creates bubbles. One way or another, those bubbles need to pop, either through ruining the money, or through a big crash. And so, while Trump can solve a huge amount of problems by deregulating, and getting taxes off the backs of the middle class, he can't solve the bubble problem. Those bubbles also create social problems, like wokeness. The free market isn't just about a bunch of assholes throwing around money, it's also a clearing mechanism. It rewards productive behavior, and kills unproductive behavior. It's not a coincidence that workness exploses out of control at the same time that the fed's balance sheet exploded out of control from the bank bailouts.