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981

(post is archived)

[–] 8 pts (edited )

For those saying “this isn’t how it works; the market (general public) has to respond positively,” you don’t understand the nature of fraudulent fiat finance.

Put simply, Fink has created an artificial “demand” that supersedes the natural “demand” within the marketplace. It’s built on the foundation of the Federal Reserve’s virtually endless money supply, only held back by their “restraint.”

Businesses can get their money from one of three places: engaging in the open marketplace, government subsidies (taxes), or borrowing.

Figuring out the wants of the customer is difficult, a bizarre alchemy, art more than science. “Marketing” was invented to try and use the carrot approach to lure customers to products. It helped, but wasn’t foolproof. You could convince and even dupe people for short amounts of time, but not for the long term. Customers are fickle when all you’re doing is selling them products. And your competition will always attempt to undercut you or undermine your efforts.

Governments are less “fickle” than customers, but they still answer to the voters and even they are subject to the whims of “party” affiliations. So, securing subsidies is easier than dealing with the herd of cats that is the general population, but still has its own caveats.

The easiest of these three is borrowing, at least it is now. The United States monetary system is a shell game and you make more trading debt than you do trading goods. And how much “value” a company has is now largely based on assessments and reports issued by market insiders, so even if you don’t “turn a profit,” your company can be worth billions of dollars.

Take, for example, Facebook. They’re “blue chip” and therefore have greater “credit” than most, and this potential for credit means they can have greater “buying power,” if they require it. But their “profit” is only a minor portion of their “revenue.”

A near endless supply of currency from the Fed resulted in them having greater control as kingmakers. However, the Fed itself, despite being a smaller body than the US government, still had differences of ideology and execution because there were still multiple parties in thr board of governors.

In steps Fink, who made massive amounts of money buying and selling debt.

Fink himself has become a middle-man distributor of Fed currency and can flood the market with it at any time to devalue the dollar. This threat makes him powerful, so the upstream tends to respond to his demands. Downstream, those seeking capital attempt to curry favor with him. Remember, the stock price is all that matters - dividends supersede actual marketplace profits, since as long as you can secure more capital, you can improve your holdings and your stock rises, even if you never succeed in the marketplace. And it’s easier to appeal to one man’s good graces than it is to a larger body, such as the Fed, Congress, various bureaucracies, or, heaven forbid, the general public.

So, now, Fink, rather than looking to cater to the ideologies of consumers in order to sell products, seeks to control the products and thereby sell his ideology to the consumers. If you want your preferred goods, you have to be exposed to Fink’s rhetoric, and if you aren’t entrenched in your own convictions and ideologies, or are complacent in their defense, you just passively absorb them and, in the cases of the young, those seeking vision, and those without guidance, adopt them.

[–] 2 pts

...and once CBDC becomes a reality, the money supply won't be an issue anymore either. Also, then they get to enforce where you spend your money by simply refusing transactions to the "wrong" people.