Capitalism Is Dying, Long Live Capitalism
This post is different from my usual, because it is about how money is going to change, and how that is going to change everything.
We do not live under Capitalism, we live is something like Crony-Capitalism + Fascism + Some word that describes fraud of the lowest, most underhanded level.
Free markets requires real money, without it, half of every transaction isn't free. Instead we have a captured currency, controlled by an entity that can decide winners and losers.
What we want is Free-market Capitalism. And many people believe the line, that that is what America has. The poor understanding of economics by the average American keeps this lie going, instead of just being dismissed, out of hand, as propaganda.
(Similar to some people shouting that "We are losing our democracy", when we are a Republic)
What do we have right now?
We have the Fed controlling the currency, and how much of it is being pumped into the market or being sucked out. The Fed also, sorta, controls the interest rates. So, they control a lot of the market, because in most trades, the dollar (Federal Reserve Notes) is half of it.
And when we consider competition (part of the thing that makes Capitalism work) the Fed and the banksters decide who wins and who loses. If you can borrow more money, cheaper. There is nothing your competition can compete with you on. Buy that apartment complex? Not if someone who has better bankster connections wants it. A 1% difference in your loans means there will never be competition
Then, on the goods side, the banksters are again deciding who wins and who loses.
Wallymarts makes their money on the inflation between when they buy and when they sell. They can do this because they can borrow for less that inflation. Your mom and pop store CAN'T compete. Wallymarts can sell at current cost, and still make money. Normal people have to mark up an item to turn a profit.
Big money people have decide to move manufacturing to China, and are still subsidizing them. A Chinese seller can sell & ship a T-shirt from China all the way to a town in the middle of America, for less than it COSTS me to send a T-shirt across America. The CCP makes sure that its factories are profitable.
The banksters decide which businesses have high stock prices. The banksters decide which businesses will die. If you earn their ire, you will have so much bureaucracy thrown at you, and all your bank accounts will seemingly fail, for so many reasons. Every regulatory agency will visit you. The banksters own the courts.
There isn't anything like a free market.
Keynesian Economics Doesn't Work
Even the basic graphs used in economics classes don't function.
The story is that if the price becomes too high, more people will make the things, thus increasing supply, which will push prices lower.
Or if price goes down, less people produce the things, thus the price will go up.
But there is nothing like this in our current markets. There is no one who can enter the market to increase the supply. No one can get a loan, to build a plant, to start making those goods. Not unless you are in good with the banksters, and they want you to do this. (It is one of the very strange thing about Musk. Lots of others have tried to build cars, and gotten squashed, but not Musk)
In real world, this is closer to what the "supply-demand" curve looks like.
The VERY few manufacturers decide how much they are going to make based on expected sales. And the price is computed based on the most money they can make from the market. There is far more about marketing going on here than supply and demand.
If you go look into the "competing" products you often find they are all made in the same factory. Almost same product with a different box. Or, various perceived qualities of products of competing "name brands" all made side by side. All designed to get the highest profit from various levels of buyers.
Distributed Manufacturing
Now image a scenario…
The Davos crowd is trying to on-shore manufacturing to Silicone Valley 2.0 before China blows itself up.
China is not following the banksters' commands very well. The CCP and Xi da Poo think that they are a global superpower now, and are trying to flex their muscles. Not realizing that the reason that they have all those manufacturing plants is because T.H.E.Y. decided to hollow out America and send them all overseas.
T.H.E.Y. are planning to build automated manufacturing plants in The US (where T.H.E.Y. control everything) and so, won't have to worry about losing them if Xi decides to take them.
However, things aren't going that way. The thing about making a plant full automated is that once you do, anyone can copy you. You build robots to build robots, then robots become very cheap, and anyone can manufacture.
Then, people who have skill can start making products in their own garages. And, of course, as soon as one does, more people will copy it. And we will have garages all over building products.
Then, when you also add in that China stops trading with America, then the plethora of garage based manufacturers will be stepping up to fill the gap. A manufacturing plant needs a minimum amount of orders in order to cover fixed expenses. A garage based entrepreneur has far less overhead. Suddenly, real competition will exist again.
And if we start using decentralized cryptos to pay for these things, we will suddenly have an unstoppable, and very fair economic system. No longer can the banks play games with cutting off people from their cash flow.
Basically, we may have free markets AND Capitalism as the stories in the text books told.