ESG Destroyed The Economy: Price Deflation In The Modern Economy Will Likely Be TEMPORARY, unless Austerity Measures or Massive Government Regulation Cuts Are Realized – December 13, 2023
Whenever I hear “experts” talk about a price crash, I say to myself, yes, potentially in certain area’s but in the long term, I don’t see how that will happen, especially with interest rates being forced to rise via the Progressive-Socialist-Far-Left agenda, using Environmental, Social, and Governance(ESG) as their rallying cry to grow the size and influence of the government.
Even prior to the creation of ESG voters in Western nations voted for PRICE CONTROLS, whether we’re talking minimum wage laws, that even PUBLIC SERVANTS enjoy or rent controls and other regulations on housing that make fewer ENTREPRENEURS want to get into the business of providing housing for the poor, regulations and price controls PRIOR to ESG were destroying the economy.
ESG even if let’s say some Conservatives Politicians get into power, will be a weapon for today and long into the future, and most politicians are still scared to call ESG a SCAM.
The worst part of ESG is not the Environment; the worst part of ESG is the SOCIAL/Socialist/Fascist agenda that mixes State and Corporate Powers into one entity that also has a MILITARY at its disposal.
I’m resisting calling ESG corporatism because, corporatism doesn’t involve a MILITARY, it’s pretty obvious that ESG is directly responsible for financing the Hamas and Russian wars on Israel and Ukraine; however, Left Wingers have created a narrative that the earth will die without ESG and ESG also includes giving Private and Public Servants a PAY RAISE while the earth is supposedly being destroyed?
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Once you comprehend the entire ESG FRAUD, it becomes apparent, that prices will not come down, sure they’ll come down temporarily and obviously, certain entities will go BANKRUPT, potentially creating shortages of things and potential opportunities in other areas parts of the economy, but we’re witnessing the acceleration of Fiat money as we know it, being destroyed, and people who imagine that Central Bank Digital Currencies will make the monetary system or the economy as a whole more efficient, fail to realize that unlimited government debt, is almost the exact same thing as CBDCs.
The only difference with CBDCs is that the medium of exchange, the fiat money, will then belong to the government, and therefore, money as we know it today will no longer be considered private property.
Legal tender laws on PHYSICAL cash equates to A government being incentivized to promote their NATIONAL currency. Unfortunately, only the U.S. understood this; in most countries, including Switzerland, some form of CAPITAL control exists to prevent a national currency from becoming too strong or in too high of demand; why?
Because in most nations around the world, fiat money has allowed nations to create PRICE controls, and if, let’s say, CBDCs are realized, governments can imagine that they can finance any venture they want while simultaneously being able to BUY VOTES, what productive private citizen do you know will want to participate in a system, in which working hard and being paid to vote for a certain politician yield them the same results?
One of the reasons, a lot of people are imagining CBDCs as a cure is that they have a twisted theory regarding the CURRENT monetary system, they’re imagining the current monetary system as efficient, yet in countries all over the world, their housing markets, are showing that something is SYSTEMATICALLY wrong with the currency.
The currency in the modern economy is, for the most part, a reflection of the FISCAL policy, and this is why ESG has been so damaging to the global economy in such a short amount of time; voters have completely ignored PRIOR far-left-progressive-socialist ideas which are directly responsible for higher prices now.
Innovations, technology in general LOWERED costs,; people voted for higher costs and more GOVERNMENT regulations on economic activity; most of these prior laws in the Western world were created imagining that ENERGY would be cheaper in the future; now that energy prices are higher and the government wants to restrict what types of energies can be used, along with the progressive social agenda of being POLITICALLY correct, which is basically CENSORSHIP, you get a permanent consumer price inflation problem, in which those of us who want to challenge it or silenced.
You’d be wise to start seeing the world for what it is, and comprehend that if we’re living in the new normal, rampant consumer price inflation will be new normal.
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Interesting times ahead!