As many of you are aware, the global monetary system, often referred to as a ‘fiat’ system, is one that is comprised of convoluted and arbitrary concepts that are designed to be manipulated whenever they need to be. The primary reason that the world was taken off of the ‘Gold Standard’ (first in the early-mid 20th century when most major countries abandoned phsycial gold backing for their currencies and instead switched to basing their currency on the strength of the United States Dollar, which was still backed by gold, and then finally and totally in 1971 when Richard Nixon took the USA off of the gold standard) was because gold-backing of currency largely prevents sophisticated manipulation and irresponsible economic practices, and the prevention of these practices became a considerable obstacle in ‘economic development’ when the mega-rich public and private institutions realized just how much would be possible with no gold standard (really it is only development in the pursuit of consolidating wealth in the hands of the already wealthy).
The world has since moved to a system based not on any physical item of mutually agreed upon value, such as gold and silver, but is instead now based on the arbitrary and malleable value of a complex web of global debts.
This has resulted in a drastic devaluing of global currency for which you can see in this graph:
You will notice the sharp rise in devaluation of currency starting in 1971, whereas currency value had been largely stable before then because it was backed on a mutually agreed upon item of value (gold).
Another result of this reset of the economic system starting in 1971 was a drastic increase in wealth inequality. This manifests itself in many ways, such as the lack of correspondence starting around that time of worker productivity vs. wages that workers earn as shown in this graph:
Another mechanism of wealth consolidation at the top is what has become the regular ‘bailout’ after the regular ‘financial crash’, wherein which governments rush to print and pump trillions of dollars to prop up the stock market and bailout banks and corporations (who caused the crashes and thus take no responsibility for it, in fact they are encouraged to continue their illegal and irresponsible practices because they always end up richer even if they crash the economy). You’ll notice that regular Americans, millions of which are about to be evicted from their houses and millions of which are now unemployed (and their jobs likely aren’t coming back) received a laughable one time check of 1200$ whilst the Federal Reserve has made available initially $5 trillion and eventually up to $50 trillion available to the richest banks and corporations. The first covid-19 stimulus was the largest upward transfer of wealth in the history of mankind.
The elite know full-well just how big of an opportunity the covid-19 pandemic is to restructure the economy in whatever was best suits them, and whatever best suits them is whatever best screws you and I. This is leading to what is known as the ‘Great Reset’ which is approaching swiftly, starting implementation by late 2021. Here is a youtube video provided to me in the Anti-Tech Revolution discord about the great reset which is coming:
This leads to me a discussion of what exactly I think this new world is going to look like.
I have seen many people gleefully excited about the technological ‘advancement’ that is approaching of complete automation. Many people foolishly think that automation is going to free people of having to work and that the monetary products of automation will altruistically be used to benefit all of mankind! If you look at our recent historical trend, you will see that this is extremely unlikely if not down right impossible to happen. In fact, the modern economy is so incredibly efficient that many people shouldn’t actually have to work. However, this would not good for the behaviors that the elite corporations would like people to have. So, we have inspectors of inspectors of inspectors and find any way to keep people working. David of the Raptitute blog explains this well in *Your Lifestyle has already been Designed*
‘As technologies and methods advanced, workers in all industries became able to produce much more value in a shorter amount of time. You’d think this would lead to shorter workdays.
But the 8-hour workday is too profitable for big business, not because of the amount of work people get done in eight hours (the average office worker gets less than three hours of actual work done in 8 hours) but because it makes for such a purchase-happy public. Keeping free time scarce means people pay a lot more for convenience, gratification, and any other relief they can buy. It keeps them watching television, and its commercials. It keeps them unambitious outside of work.
We’ve been led into a culture that has been engineered to leave us tired, hungry for indulgence, willing to pay a lot for convenience and entertainment, and most importantly, vaguely dissatisfied with our lives so that we continue wanting things we don’t have. We buy so much because it always seems like something is still missing.
Western economies, particularly that of the United States, have been built in a very calculated manner on gratification, addiction, and unnecessary spending. We spend to cheer ourselves up, to reward ourselves, to celebrate, to fix problems, to elevate our status, and to alleviate boredom.
Can you imagine what would happen if all of America stopped buying so much unnecessary fluff that doesn’t add a lot of lasting value to our lives?
The economy would collapse and never recover.
All of America’s well-publicized problems, including obesity, depression, pollution and corruption are what it costs to create and sustain a trillion-dollar economy. For the economy to be “healthy”, America has to remain unhealthy. Healthy, happy people don’t feel like they need much they don’t already have, and that means they don’t buy a lot of junk, don’t need to be entertained as much, and they don’t end up watching a lot of commercials.’
People really have fooled themselves, somewhat understandably, into thinking that once the elite have and own all of the machines that will automate their techno-industrial system, they will just let 8-9 billion people chill and keep them fed and housed for them. This is not entirely impossible, but I find the costs of keeping the superfluous around far outweigh any benefits, as well as considering the fact that great wealth generally makes a person mostly unable to empathize with regular people or have compassion for them. The much more likely scenario, if we are unable to perform a revolution against the technological system in a reasonable amount of time during the automation explosion, is that the wealthy will simply let the majority of the superfluous population wither away and keep a small group of laborers there to serve them as cattle (as we already serve them as a mass herd of cattle). This will of course be the transition period between the automation explosion and when humans are entirely replaced by machines. A very similar situation is actually described in *Industrial Society and Its Future* by Theodore Kaczynski:
‘On the other hand it is possible that human control over the machines may be retained. In that case the ave-rage man may have control over certain private machines of his own, such as his car or his personal computer,but control over large systems of machines will be in the hands of a tiny elite — just as it is today, but with two differences. Due to improved techniques the elite will have greater control over the masses; and because human work will no longer be necessary the masses will be superfluous,a useless burden on the system. If the elite is ruthless they may simply decide to exterminate the mass of humanity. If they are humane they may use propaganda or other psychological or biological techniques to reduce the birth rate until the mass of humanity becomes extinct, leaving the world to the elite. Or, if the elite consists of soft-hearted liberals, they may decide to play the role of good shepherds to the rest of the human race. They will see to it that everyone’s physical needs are satisfied, that all children are raised under psychologically hygienic conditions, that everyone has a wholesome hobby to keep him busy, and that anyone who may become dissatisfied undergoes “treatment” to cure his “problem.” Of course, life will be so purposeless that people will have to be biologically or psychologically engineered either to remove their need for the power process or to make them “sublimate”their drive for power into some harmless hobby. These engineered human beings may be happy in such a society,but they most certainly will not be free. They will have been reduced to the status of domestic animals.’
Of course, this passage by Kaczynski does not mention a point that he has made in his most recent book, *Anti-Tech Revolution: Why and How*, about the extremely likely scenario that the technological system will destroy itself by destroying the ecology of the planet it exists on down to mere bacterium. You can read about that in Chapter II of that book. Since it is not pertinent to this discussion, I will not insert the excerpt into this post, but the PDF is readily available online.
The near future is going to be one of great hardships and even death for the people who are not prepared. Money is only valuable for as long as you can walk in a store and walk out with bread. There will very possibly come a day when that will not be the case, and the real currency of that day will be a person’s practical survival skills, i.e. their ability to secure their own physical necessities, shelter, and safety. This would be a great time for everyone to begin, if you haven’t already, to familiarize and educate yourself on farming, foraging, hunting, fishing, preserving food, and myriad other skills one could see oneself needing if one is not already self-sufficient and off-grid when the system collapses.