Exponential Change Is Coming
The above image depicts a wise fish (who has clearly left the bowl at some point) asking how the water is to the fresh faced younger fish. It propagates in visualisation that the experienced fish has a wisdom and an understanding of the world that the other two have yet to grasp.
With the emergence of Bitcoin and exponential technology growth, society is split between these two groups of fish. The wise fish has seen the bowl from the outside and knows there is an alternative to being in the bowl. The two naive fish know only the bowl. The young fish are trapped in a system of thinking based on their limited experience within the bowl.
Those who have lived a long life within the fiat system struggle to see out of it. They are not to be blamed because for all of their lives they have only known the one way of doing, thinking and valuing life. They are also rightly suspicious of anything that comes to claim superiority or destruction of said system. In the West we are protective of our fiat inflationary system because it has allowed to us to hugely enrich ourselves. Unfortunately this is at the cost of value sucking the rest of the world dry through money expansion and inflationary credit systems.
Rather than go into extreme detail and length to try and get the points across we will refer to Jeff Booth and his recent presentation from the 10th International Conference “The Austrian School of Economics in the 21st Century” (November 3 to 5, 2021)
This is a 45 minute video that you have to watch. Grab a hot beverage and listen to this mind-blowingly concise explanation of where we are going based as a result of exponential growth.
You are not actually making money in the stock market!
Once you have watched the above video then take a look at the below chart
We pulled this from Preston Pysh:
“Interesting to think the S&P500 is completely flat (0% yield) since 1997 when it is normalized against the M2 fiat currency supply.”
Now look at money supply
Deflation Force Below
Something has to give in this tug of war of Inflation vs Deflation!
It is pretty clear to us which one is winning and will be dominant.
Get off Zero, exposure yourself to Bitcoin.
Till next time
The Wealth Gap Team