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Corona Stimulus and random thoughts.

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@ocupation
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HI

As @cointelegraph reported, the US Government printed an additional $2trillion dollars to artificially stimulate the economy, thus provide some kind of UBI to every US citizen that fits the profile. Not sure what are the exact conditions for one to be eligible to participate, but on the other hand, It really doesn't matter. What matters is that the ideas of eternal economic growth are false on the fundamental levels and will cost us a lot.

The U.S government recently unleashed a $2 trillion stimulus package to help Americans offset the economic impact of COVID-19. That figure is more than double the amount of all the speculative capital locked up in the entire cryptocurrency market during its 2018 peak.

Not sure if I need to explain how bad it is to inflate already overinflated currency but it seems that people around the world are thrilled with the idea of getting some free money. However, what most of them forget is that nothing is free, and nothing should be free. It actually drains the value out.

The masses tend to unconditionally trust the authorities while having slim to none critical thinking, putting themselves in a bad spot. The more you know, the more dangerous you become.

I do understand that we have been thought that the system is separated from its fundamental parts, that are people, who supposedly act independently once their work is done... Obviously, it's the wrong premise as the people are those who constitute the system, therefore it is rational to assume that low passions, such as greed, will eventually replace altruism and transparent politics in which the people get to decide what's best for them. The problem is that we never had a fully transparent political system where political parties are completely subdued to the general interest. There have been some attempts but nothing worth mentioning.

Why is that so? How about Democracy?

In case you haven't paid attention to what's going around your little piece of the universe I advise you to start. The ignorance is what's making us enslaved and obedient. Democracy is nothing more than an administrative ruling that has no face. There is literally no party that has been convicted and prisoned for scandals and corruption they should have been accused of. At least here, In easter Europe.

Once the power gets corrupted it tends to infiltrate in almost every segment of public life, thus indoctrinate the masses making them paralyzed to get rid of chains of modern propaganda. It may sound silly but think about it, deeply. In case you need something to start with I would recommend you watch a documentary called "Out Of Shadows" as it gives you a clear vision over this shit.

FRUSTRATIONS

Well, I'm mostly frustrated over the fact that the system along with banks will blame on Coronavirus for an upcoming economic stagnation or even complete collapse while implementing a false narrative to the people.

"Governments did their best trying to sustain the economy and provide its people everything they need" kinda bullshit. Sadly enough people will buy that shit and continue working for those who made them poor. haha

The notorious Coronavirus will be blamed for every failure system made. You know what's funny? All those little freedoms that have been taken away due to a coronavirus will stay, at least some percentage of it and we we won't even notice. That's how you rule the masses.

Provide the enough reasons for fear and they will obey.

Getting on Track

The whole crypto market is worth $204.907.064.972 at the time of writing, so if considering the current situation, the US has just printed 10x of current industry value.

The U.S. stimulus bill in response to coronavirus is 1000% larger than crypto worth hahaha. And they are what? Wizards? LOL

FED is well known for its practice of printing money to provide liquidity to the markets, while indirectly helping Banks artificially pushing markets up. It seems legit, until its not.

For those who don't understand the concept of providing liquidity think of it this way: if there's no liquidity, people can't cash out their money out of stocks or bonds, which leads majority to dumb their assets before they left behind. It happened to the oil industry a day before.

It seems like the shit is coming our way and sadly 20 years after one crisis comes another. I guess we haven't learned the lesson.