CRIPPLING Debt Slavery: The Elite EMPRISONING US!
The insurmountable problem of income inequality and piling personal debt has made the American Dream unattainable for most of the population in the United States. The situation is brutal out there, with millions working for pay that doesn’t allow any chance to save-up a substantial sum.
It’s the modern form of economic slavery that’s been getting worse for decades. Most people are completely oblivious to the detrimental effects of the power structure of fiat currencies. 2008 made this system so hated that disgust with it birthed Bitcoin.
From the end of World War II until the 1970s, the United States enjoyed an era of rapid economic expansion. After the 1970s, however, economic growth slowed down and the income gap between the wealthy and the middle and lower classes widened; this problem has only gotten worse in recent years. I’ve been all across the U.S., from NYC, to Los Angeles and Miami, but also to the heart of the country, from Texas to Nevada, New Mexico, Oklahoma, Arizona, Wyoming, Alaska, Colorado and Utah. The middle-class is, very noticeably, GONE.
The wealth has been concentrated at the very top. In fact, it’s so bad that the wealth gap is to an extent that hasn’t been seen in America since the 1920s.
The numbers are startling: in 1989, the share of wealth held by the top 1% was under 30% while the bottom 90% held over 33%; in 2016, the top 1% had nearly 39% of the wealth while the bottom 90% had less than 23%.
Prosperity in America was enjoyed equally until the 1970s, when the gap between the haves and the have-nots widened dramatically.
Furthermore, the higher we go up the wealth ladder, the more concentrated the wealth has become: the top 1%’s share of income has climbed to levels not seen since the 1920s, with much of the increase occurring among the top 0.5% since the 1970s.
The reason for this is never talked about in the mainstream media, on purpose, since the rich, who owns the major outlets, are the biggest beneficiaries of this 47-yr old structure.
It’s to their advantage to keep it hid from the general public, who would be outraged, as much as the revolutionaries, who founded this country were with British oppressive rule.
In a monetary regime that benefits the few at the expense of the vast majority of hardworking citizens, it’s no coincidence that income disparity has increased exponentially since the government took the U.S. off of the gold standard and onto the fiat money system in 1971.
I’ve seen and have experienced the lifestyle of the wealthy, having serviced many rich clients through my various businesses. They live on another planet from the majority. Let that sink in that 1 person out a 1,000 random line-up, is wealthier than the bottom 900, combined!
No, we’re not talking about Thailand or Mexico, but about the land of the free, the land of infinite opportunities.
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Just as income concentration has trended towards levels not seen in America since the early 20th century, wealth concentration has increasingly favored the top 1%, and particularly the top half of the top 1% since the 1970s.
Only in a rigged fiat monetary system could the wealth gap widen to these egregious levels. It’s a system in which money is printed at an astonishing rate. The money supply in the U.S. was $7 billion at the beginning of the 20th century, and there are 1,900-times more dollars in existence today.
Pure Blockchain Wealth is appalled by the level of corruption at the top and the way Americans have simply gone with the flow, letting their tightly-neat elite steer them away from the sacred principles of the constitution.
Inflation has caused the value of the U.S. dollar to deteriorate substantially over the years, with the dollar’s purchasing power having declined 40% since 1985 and a shocking 80% since 1970.
What’s needed is an entirely new monetary system that can emancipate the nation from the enslavement of debt, inflation, and wealth disparity. Otherwise, in 10 years, this country will look like a 3rd world one, when it comes to how the poor are treated.
Based on a trust-less and decentralized blockchain-based ecosystem, cryptocurrency presents a revolutionary alternative to government and big bank control of our money.
Secure and inflation-resistant, crypto is the modern solution to the decades-old problem of financial enslavement in a debt-based monetary system.
There are still plenty of improvements to be made, but technology does offer a tremendous alternate course to the majority, who are struggling.
Gold is already rallying big, in light of the fact that 2019s budget deficit is above $1T, with demand for U.S. Treasury debt at decade-lows.
In 2019, Pure Blockchain Wealth sees precious metals companies exploding to the upside, alongside blockchain TOKENAZATION stocks, as a result!
Governments Have Amassed ungodly Debt Piles and Have Promised Retirees Unreasonable Amounts of Entitlements, Not In Line with Income Tax Collections. The House of Cards Is Set To Be Worse than 2008! Rising Interest Rates Can Topple The Fiat Monetary Structure, Leaving Investors with Less Than Half of Their Equity Intact!
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This work is based on SEC filings, current events, interviews, corporate press releases and what we’ve learned as financial journalists. It may contain errors and you shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility. The information herein is not intended to be personal legal or investment advice and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought.Please read our full disclaimer at PureBlockchainWealth.com/