>>60738959 (OP)This are this way because the financial system is a wealth-extraction tool and the host has been sucked dry. The time to start stacking metals while we wait for a correction is now.
The economy has not grown, without the expansion of credit, since 1983. Real economic activity has been destroyed through trade deals and international-wage-arbitrage. All of it was in service to king-dollar. But despite being flooded with peak everything, the economy still needs cheap inputs. (access to illegal and slave wages, as well as consumption financed by foreigners who allow us to run up $700BN trade deficits per year). So despite all of the things you see around you, our wages have been decreasing along with leveraged assets (house, cars, education, medicine, etc) all skyrocket.
It's really that simple folks. It is an axiomatic truth: the system is stealing resources. The trick is you and I give up real world time, labor, and savings and Wallstreet steals it and gives you a Treasury bill (pensions, 401ks, social security, insurance, medicare). A Treasury is realistically only good if we all decide to fork over $300,000 each. LOOOOOOL. That's what we have been tricked in to buying in to this whole time.
It's an absolute stinking pile of shit.
Don't take my word for it, ask the central banker himself.