Why don't we work with banks?
Instead of an epigraph.
once Egyptian pharaoh led his priests to a high tower and ordered them to look down to where hundreds and even thousands of tired, exhausted slaves, barely dragging their feet, clad in heavy cast-iron chains, carried stones for the construction of the city.
Each such poor fellow could carry no more than one stone at a time. The slaves moved in long ranks, to the right and left of which were the guards, lazily guarding them, and from time to time using the whip as punishment.
The guards themselves were not very passionate about their work. The scorching sun and the heavy armor they wore in case of rebellion were very tiring.
The state had many slaves and it was believed that this was one of the advantages of the state. Slaves were a free labor force, which, however, took considerable resources. Their content, food, payment to the guards. And with all this, both of them were always dissatisfied. But most of all, of course, the pharaoh and his courtiers feared riots and massacres. To do this, it was often necessary to strengthen security, as well as better feed and maintain slaves so that they would continue to agree to perform inhuman labor by all standards. All this only led to an increase in costs, but did not speed up the construction, because the slaves were still reluctant to do their work and threatened to start a riot.
And then the pharaoh proposed a solution to the problem. Slaves will work faster, and they will not need guards at all. The guards will also become slaves, and voluntarily. And it's very easy to do it. To do this, at dawn, the servants will notify all the inhabitants of the city that from now on all slaves will be granted freedom. Everyone is free to do what they want. And those who will deliver the stones to the palace will be paid in gold coins. These coins can be used to buy food, clothes, servants or housing. Now all slaves will become free residents with equal rights.
The next day, the pharaoh, along with his priests, gathered on a high tower. What they saw defied any explanation. Hundreds and thousands of former slaves dragged heavy stones. Some of them dragged two or even three stones in the hope of earning more coins. Many guards also carried stones, because now there was no one to guard, and the temptation to earn coins was so great. People who considered themselves free, having removed their shackles, in the hope of a bright future and a happy life, sought to earn as many coins as possible. So there was money.
Time passed. Pharaoh periodically climbed his tower to assess the changes taking place. He noticed how some of the slaves, uniting in small groups, built special carts for stones, loaded them to the top and pushed them into the city. Pharaoh understood that this was only the beginning, that there would be many more new inventions and innovations. Servants appeared already, carrying water and food. Some enterprising workers rented out carts and horses. People felt free. They felt they could control their own destiny. But only the essence of what is happening has not changed, they still dragged stones to the pharaoh, only in exchange for metal mugs, valuable only because society agreed to consider gold a value.
Now to the point.
Many of us have thought about what money is, where it comes from, what is its value and essence.
In essence, money (fiat, about crypto next time) is a government debt receipt on the obligations of this government in exchange for services/works/goods rendered.
Common properties of money
4. Additivity and divisibility (up to a certain limit)
Common Functions of Money
1.Measure of value
2.Means of circulation/payment
3. Means of savings and savings
But this is an understanding of slaves, albeit very well paid in zeros and ones in databases, which can be exchanged both for the same conditionally valuable gold rounds, and - as long as the pharaoh allows - for real values - an apartment, a car, delicious food, education and etc.
So - Money is far from universal, go to a restaurant in Paris with dollars in your pocket, or with a credit card to a village club in Transcarpathia - and see for yourself.
Persistence - money "showed", for example, in 1991, when the savings books of workers who earned their own apartments and cars turned into "Yulina thousand". The passbook scam is arguably the greatest scam in the history of money.
A store of value - yes, not far away, in 2014, the pharaohs transferred the value of the hryvnia from 8 to 25 per dollar, robbing the whole country. Where this money settled is a rhetorical question.
As you can see, the value of money depends solely on the desire of the pharaoh.
How banks work.
Do you think they earn money not from interest on loans and commissions? And here it is not - the money is mainly taken from the National Bank as "refinancing" and stolen.
How it ends is known. Small banks are closed along with depositors' money, and large ones are pumped further with money, provoking inflation - this is just the very violation of the accumulative property of money. If the hryvnia inflates by 5-20 percent per year (sometimes by 300), then the dollar is stable at 3, and thus deposit rates enrich only bankers.
And for those who like to argue, a little math.
Let's say I deposited 2000 hryvnias ($5000) in a bank in 1000 and capitalize the interest every month.
The average hryvnia deposit rate is 15% per annum, which means (interest payment is monthly) 1.25% per month.
Then by 2021, I should have accumulated 5000 * (1,0125 to the power of 240) = 98575 UAH, which should be 20 thousand dollars. And it is ... 3600. But the dollar of the year 20000 is more weighty than the current one. Stalinka in Pechersk then cost $ 100000, and now $ 20 ... And this is if the bank did not dissolve at all in the fog with your money ... That is, XNUMX years of the deposit brought a net loss.
But that's not all. In order to increase your fortune (in terms of purchasing power) by 20 times in twenty years on a deposit, it is necessary that the country's economy grows 30-40 times.
Even the Asian tigers can't do it, and our economy is actually only falling - and don't argue, it's so sickening.
But that's not all.
To capture the remaining wealth of the world, bankers use a few cunning tricks.
In order to grab more real wealth in exchange for their rounds and zeros-ones, bankers have been making the following tricky move for thousands of years, called "BOOM", well, or "bubble", in our opinion.
The currency is strengthening, but interest rates are falling sharply. Loans are very easy to get. Payment demand is growing, and with it both production and prices. New workshops are established on credit to expand production, new equipment is bought, of course, also on credit. Demand and cash flow make it easy to service banks. For the time being… People and businesses are getting into loans more and more, including foreign currency (after all, the rate is lower, and the hryvnia is stable as never before). Let's remember the summer of 2008. Hryvnia 4,69; square of an ordinary hut in Pechersk 5000 dollars. ALL! GOT!
The course becomes 8,5 instead of 5. It is impossible to take a loan and prolong it too. Interest rates skyrocket! Money disappears from circulation, no one buys anything. Well, except for bankers and bureaucrats. This is called "CRISIS", in short, "the bubble burst".
STEINBECK ON THE US AGRICULTURAL CRISIS, 1939:
“The cherry ripens first. One and a half cents a pound. Is it worth collecting it for such pennies? Black cherries, red cherries are plump, sweet, and the birds peck at them, and after the birds, wasps hover over it with a buzz. And the bones in scraps of blackened pulp fall to the ground and dry up.
Gray plums become soft and sweet. Collect them, dry them, fumigate them with sulfur? Yes, where is it! Nothing to pay for cleaning, even at the lowest price! And gray plums cover the ground with a carpet. The skin on them twitches, and clouds of flies fly from all sides to the feast, and the sweetish smell of decay spreads through the valley. Plums darken, and the whole crop rots, lying on the ground.
And now pears ripen - they are yellow, soft. Five dollars a ton. Five dollars for forty boxes, fifty pounds each. But after all, the trees had to be sprayed, pruned, the garden needs care - and now collect the pears, pack them in boxes, load them onto trucks, deliver them to the cannery. And forty boxes - five dollars! No, we can't do that. And the yellow fruits, falling heavily to the ground, turn into porridge. The wasps eat into the sweet flesh, and the air smells of fermentation and rot.
The small farmers see debt creeping up on them like the tide. They sprayed the garden, but they did not sell the crop. Next year, this small orchard will merge with a large plot, because its owner will be strangled by debts. This vineyard will become the property of the bank. Now only large proprietors can survive, because they have canneries. The smell of decay pulls all over the state, and in this sweetish smell is the grief of the earth. People who know how to graft trees, who know how to select, breed viable and large seeds, do not know what needs to be done so that the hungry can eat what they have grown. People who have created new fruits cannot create a system in which these fruits would find a consumer.
And defeat hangs over the state like a heavy grief. That which the roots of the vines and trees have worked on must be destroyed so that prices do not fall - and this is the saddest and bitterest of all. Oranges are dumped on the ground in whole carriages. And orange mountains are filled with kerosene from a hose, and those who do this hate themselves for such a crime, hate people who come to pick fruit. Millions of hungry people need fruit, and golden mountains are watered with kerosene.
And the smell of decay rises over the country.
Burn coffee in steamer furnaces. Burn corn instead of firewood - it burns hot. Drop potatoes into rivers and guard along the coast, otherwise the hungry will catch everything. Cut pigs and dig carcasses into the ground, and let the earth become saturated with rot.
This is a crime that has no name. It is a grief that cannot be measured by any tears. This is a defeat that crushes all our successes. Fertile land, straight rows of trees, strong trunks and juicy fruit. And children dying of pellagra must die, because oranges are not profitable. And the investigators must issue certificates: death as a result of malnutrition, because the food must rot, because it is intentionally rotted.
People come with nets to fish for potatoes from the river, but the guards chase them away; they come in rattling cars for discarded oranges, but the kerosene has already done its job. And they stand in a daze and look at the potatoes passing by, they hear the squeal of pigs being slaughtered and covered with lime in the ditches, they look at the orange mountains, on which landslides of fetid slurry slide down; and in the eyes of the people defeat; Anger grows in the eyes of the hungry. In the souls of people, clusters of anger are pouring and ripening - heavy clusters, and now they do not ripen for long.
And then the mortgaged factories, collective farms, apartments, shops, etc. change owners quickly. Mortgage, panimash, pledge….. Fulfillment of legal requirements of the creditor. Stretch out your hands. And then stretch your legs.
And you still ask why we do not take loans?
Of course, with the advent of electronic money, people are trying to violate the omnipotence of the pharaoh.
The genius of the universal scale I. Mask was the first to start.
His pay-pal was planned as an alternative to money - non-cash money, in fact, a large database. And he planned to bring all the money there - they would have dragged themselves there due to the benefits and convenience of work. Of course, the protection of the pharaoh did not allow the Mask to complete this matter. Only Pharaoh pays for dragging stones! And pay-pal has become a common payment system.
But another genius - Nakamoto - created such a system that it looks like the power of the pharaoh will collapse. And the pharaoh's guards just can't find him! Yes, it's too late.
But about cryptocurrencies - another time, wait
Let's end on an optimistic note. Our business is real, highly profitable and understandable. Great theme to save money and earn on something real.
Invest, and your greenhouse will bring you some cucumbers every month. And cucumbers are not gold, they are eaten every day and they pay for it with the current universal cost equivalent - which you will receive from the greenhouse no matter what.
More about money for you, icing on the cake, Mr. Mavrodi, cleverly, subtly, ingeniously:
WANT TO DISCUSS, DISCUSS?
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Author: Drobyshev Pavel