RE: The Insidious Wage Deflation
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Fiat currency is not meant to be a long term storage of wealth but an illusion of wealth that TPTB use to steal the labor from the people.
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If you can tap into the collective savings and productivity of your country at any time, who is not going to abuse that power? But its a two-way street people are allowing themselves to be abused when they don't protest by getting out of local currency. If you don't you say yes to more inflation, more taxes and more welfare programs, of which I am against, so I get out