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RE: Finance Explained- Derivatives (Futures/Forwards)

in #finance7 years ago (edited)

Couldn't agree more!

I guess one of the most exciting aspects of the crypto-revolution has been the wealth it has generated for people who weren't necessarily wealthy before, although obviously those with more capacity to take advantage of the wild price swings have benefited the most.

Why do you say another crisis looms? I'd be interested to hear your thoughts.

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More than anything another crisis will allow for more wealth redistribution to the top. The same cycle has been repeating since the Great Depression for sure & probably longer. 10 years since the housing crisis & the same corrupt banks that were bailed out are selling the same garbage cdo type baskets & making even larger derivative bets on them.

Meanwhile the average American has gone even farther into margin debt, leveraging their fake paper home gains (house prices are engineered into a balloon so banks can kill profits) to take out equity loans to get in on the “can’t miss” market. Or simply spending well above their means to attempt to keep up with all of the fancy new things the celebrities are showing off. & now they are receiving much worse health care, eating worse food & have far more distractions & disinformation to deal with.

I see a system engineered to control people via debt slavery, disease, envy & fear. Depressions/recessions/wars/false flags are all events used to manipulate the masses into giving up previous rights, freedoms, & above all wealth & quality of life. I have been studying this system closely since the early 2000’s & am I excited to see your generation attack this system with more information than I had to study.

I hope cryptos will be a decentralized tool that the people can use to bring more fairness & equality into life, but I fear they will actually be used by the old system to enforce even more controls & restrictions via the tracking of every single transaction & $ earned.

The more people like yourself working to educate others the better! Education & understanding is key to waking people up to the debt slavery games. We are all meant to be something more than someone else’s monthly income !

Very interesting perspective. Thanks for sharing!

I couldn't agree more-we need to educate ourselves, and you have helped everyone else to do just that with this well thought-out and communicated post.

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