#WealthDistribution

[unpluggedfinancial]

The Future of Bitcoin in the Global Economy: Ending the Dollar’s Reign

Bitcoin, the pioneering cryptocurrency, is gaining traction as a powerful force in the global economy. As the US dollar continues to dominate as the global reserve currency, it's worth exploring how Bitcoin could disrupt this dynamic and potentially lead to a more equitable economic landscape. In this blog post, we will examine the profound impact of the US dollar's hegemony and how Bitcoin could usher in a new era of global financial fairness.

The Hegemony of the US Dollar

Since World War II, the US dollar has held the prestigious position of being the world's reserve currency. This status has allowed the United States to enjoy significant economic advantages, including the ability to print money at will and run large deficits without immediate consequences. The "dollar milkshake theory" suggests that as global economies struggle, they need more dollars, which strengthens the US economy at the expense of others. This dynamic has allowed the US to skim off the top of the productive world, reaping benefits while other nations bear the costs.

The Global Cost of Dollar Dominance

The dominance of the US dollar has led to widespread economic challenges for many countries. As nations rely on the dollar for international trade and reserves, they become vulnerable to currency devaluation and economic instability. The ability of the US to print money devalues the savings and earnings of people worldwide, effectively destroying wealth across the globe. Examples of this can be seen in countries facing hyperinflation, such as Venezuela and Zimbabwe, where reliance on the dollar has exacerbated economic hardships.

Bitcoin as a Global Currency and Truth in Pricing

Enter Bitcoin, a decentralized digital currency with a fixed supply of 21 million coins. Unlike fiat currencies, Bitcoin cannot be printed or manipulated by any single entity. This feature makes it an attractive alternative to the US dollar, providing a more stable and transparent monetary system. Bitcoin's decentralized nature ensures that no single country or organization can control its value, making it a potential tool for achieving global economic balance. Importantly, Bitcoin represents truth in pricing. While anything denominated in US dollars can be deceptive due to inflation and monetary policy manipulation, Bitcoin provides a clear, unaltered measure of value.

The Impact of Bitcoin Adoption

If Bitcoin were to be widely adopted, it could shift the global economic power structure. Countries currently disadvantaged by the dollar system could benefit from a more stable and equitable currency. Bitcoin's transparency and fixed supply could reduce the likelihood of economic manipulation and provide a more predictable environment for international trade. This shift could lead to more equitable wealth distribution and true pricing of goods and services, as countries no longer have to bear the brunt of the US's economic policies.

Challenges and Considerations

Transitioning to Bitcoin as a global currency is not without challenges. Regulatory issues, technological barriers, and the need for international cooperation are significant hurdles. Additionally, infrastructure development is crucial to support widespread Bitcoin adoption. However, these challenges are not insurmountable, and with concerted effort, the global community can pave the way for a more stable and fair economic system.

Conclusion

The potential of Bitcoin to disrupt the current economic order is profound. By providing an alternative to the US dollar, Bitcoin could lead to a more equitable and stable global economy. Its nature as a truthful measure of value further enhances its appeal as a transformative force in the financial world. As we explore this possibility, it is essential to stay informed about Bitcoin and consider its implications for our financial future.

Call to Action

If you found this post insightful, subscribe to our blog for more updates and in-depth analyses on Bitcoin and the financial landscape. Share this post on social media to help spread awareness about the transformative potential of Bitcoin.

Take Action Towards Financial Independence

If this article has sparked your interest in the transformative potential of Bitcoin, there's so much more to explore! Dive deeper into the world of financial independence and revolutionize your understanding of money by following my blog and subscribing to my YouTube channel.

🌐 Blog: Unplugged Financial Blog Stay updated with insightful articles, detailed analyses, and practical advice on navigating the evolving financial landscape. Learn about the history of money, the flaws in our current financial systems, and how Bitcoin can offer a path to a more secure and independent financial future.

📺 YouTube Channel: Unplugged Financial Subscribe to our YouTube channel for engaging video content that breaks down complex financial topics into easy-to-understand segments. From in-depth discussions on monetary policies to the latest trends in cryptocurrency, our videos will equip you with the knowledge you need to make informed financial decisions.

👍 Like, subscribe, and hit the notification bell to stay updated with our latest content. Whether you're a seasoned investor, a curious newcomer, or someone concerned about the future of your financial health, our community is here to support you on your journey to financial independence.

[omegaphilosophia]

Balancing Prosperity: The Case for Establishing a Wealth Floor and Ceiling in Economic Systems

Introduction:

In the intricate dance of economic systems, the distribution of wealth plays a pivotal role in shaping the well-being of societies. As we navigate discussions around economic justice, there emerges a compelling argument for implementing both a wealth floor and ceiling. This blog post delves into the rationale behind establishing these bounds, exploring the potential benefits for individuals, communities, and the overall stability of an economy.

The Wealth Floor: Ensuring Basic Dignity and Opportunity

1. Eradicating Extreme Poverty: Establishing a wealth floor ensures that no member of society falls below a certain standard of living. By eradicating extreme poverty, we can uplift the most vulnerable, providing them with the resources necessary for basic needs such as food, shelter, education, and healthcare. This not only fosters a more just society but also contributes to overall social stability.

2. Promoting Economic Mobility: A wealth floor serves as a launching pad for economic mobility. When individuals have access to essential resources, they are better equipped to pursue education, skill development, and entrepreneurship, creating a pathway to upward mobility. This, in turn, contributes to a more dynamic and innovative economy.

3. Enhancing Social Cohesion: A society without extreme poverty fosters greater social cohesion. When all members have a basic level of economic security, disparities and social tensions are reduced. This can lead to stronger communities, increased civic engagement, and a sense of shared responsibility for the well-being of all.

The Wealth Ceiling: Curbing Excessive Inequality and Instability

1. Mitigating Social Inequity: Implementing a wealth ceiling helps curb the concentration of wealth in the hands of a few. Excessive inequality can lead to social unrest, eroding trust in institutions and contributing to a sense of injustice. A wealth ceiling promotes a more equitable distribution of resources, fostering a fairer and more inclusive society.

2. Encouraging Responsible Corporate Behavior: A wealth ceiling places limits on the accumulation of wealth by corporations and individuals. This can incentivize businesses to adopt socially responsible practices, such as fair wages, ethical supply chains, and environmental sustainability. By aligning economic success with broader societal benefits, a wealth ceiling promotes corporate accountability.

3. Preventing Economic Instability: Extreme wealth concentration can contribute to economic instability. When a small percentage of the population holds a disproportionate share of resources, it can lead to market distortions, financial crises, and reduced consumer spending. Implementing a wealth ceiling acts as a safeguard against these destabilizing forces, promoting a more resilient economy.

Finding the Balance: A Holistic Approach to Economic Prosperity

1. Maximizing Human Potential: A well-calibrated combination of a wealth floor and ceiling maximizes human potential. By ensuring that basic needs are met for all and preventing excessive accumulation, societies can foster an environment where individuals can thrive, innovate, and contribute meaningfully to the collective well-being.

2. Sustainable and Inclusive Growth: The establishment of both a wealth floor and ceiling encourages sustainable and inclusive economic growth. It acknowledges that prosperity is not a zero-sum game but a collective endeavor that benefits everyone when wealth is distributed fairly and responsibly.

3. Promoting Long-Term Stability: Striking a balance in wealth distribution contributes to the long-term stability of economies. By addressing extreme poverty and excessive inequality, societies can build resilient economic structures that withstand shocks and prioritize the well-being of all citizens.

Conclusion:

In conclusion, the implementation of a wealth floor and ceiling represents a nuanced and compassionate approach to economic governance. By ensuring that no one is left behind while preventing the concentration of wealth in the hands of a few, societies can pave the way for prosperity that is sustainable, inclusive, and morally grounded. The pursuit of economic justice requires a commitment to finding this delicate balance, where the welfare of individuals and the collective good are held in harmonious equilibrium.

[meespandananews]

నువ్వు దేవుడయ్యా సామీ.. వంటమనిషికి రూ.కోటి!

[sordidamok]

I believe there is a real threat to democracy in the US. I also believe that it is possible to push the system to the left. I want democratic socialism, but I'd settle for the tax rates and wealthdistribution of the 1950s.

but Republicans don't want you to know

[sublimeobservationarcade]

Australia Is Fast Becoming A Nation of Haves and Have Nots

Recent economic data reveals that Australia is fast becoming a nation of haves and have nots. The Australia Institute economic research shows that the decade 2009-19 delivered 93% of the wealth growth into the hands of the top 10% of Australian owners and earners. Not coincidentally, this coincided with the Coalition of Liberals and Nationals in power. During this time, the Abbott, Turnbull, and Morrison governments brought in regressive taxation measures, which are culminating with the Stage 3 tax cuts to the most wealthy section of our society.  Flattening the tax system means that the wealthy keep more of their money and there is less redressing effect to help those much less fortunate within our communities.

Inequality & Inequity Hallmarks of Australian Society in the 21C

Australians are turning a deaf ear and blind eye to the plight of the growing poor and disadvantaged among our nation. The recent uproar about the crime wave in Alice Springs conveniently ignores the complete lack of services for Indigenous youth in regional areas. There is nothing for these kids to do in so many places around Australia. There is no one in their corner demanding better things either. The Voice to Parliament, which Peter Dutton the Opposition leader is campaigning against, will be a voice on matters such as these for the neglected poor amid our Aboriginal and Torres Strait Islander brothers and sisters. The Liberal Party and National Party are divisive and non-inclusive forces within the Australian political landscape. Australia is fast becoming a nation of haves and have nots.

Photo by vectors icon on Pexels.com

Coalition Drove Inequity As Policy During Their Time In Power

The Coalition during their decade in power attempted an Americanisation of our institutions and way of life. The Coalition increased the costs of higher education for degrees in the humanities. They sought to increase privatisation of our tertiary institutions, which would lead to higher prices for degrees, as in America. Looking after the wealthy is a prime directive for the Liberals in Australia. If they could dismantle Medicare they would. Medicare is far from perfect but have a look at the United States if you want to see the worst failure of a healthcare system with a complete lack of universal health insurance. Privatisation in health delivers worldclass healthcare for the 10% who can afford it and disastrous outcomes for the 90% of the population who struggle to pay their medical bills and premiums. More people enter bankruptcy from outrageously priced medical bills in the US than anywhere else in the world.

Photo by Pixabay on Pexels.com Aspirational Politics Mask Inequity Aspirational politics has infected Australia over the last couple of decades. Too many of us are only concerned with looking out for ourselves economically. The Coalition has moved further to the right, copying what is happening in the U.S. again. The greed is good culture has permeated those on the conservative side. The Robodebt scheme inaugurated by Scott Morrison zealously attacked those on welfare as cheats. This zealotry combined with their incompetence has cost us the tax payers $1.8 billion in a class action settlement. A Royal Commission has revealed how wrong Morrison, Alan Tudge, Stuart Robert, and Marise Payne got it. Several vulnerable and entirely innocent Australians killed themselves over debts in the thousands of dollars they did not owe. It was a complete abuse of power and catastrophic failing of the public service and government. It was a betrayal of trust of the Australian people. It ran for 5 years and the Australian people did nothing. We were largely indifferent to the suffering of the poorest and least able to defend themselves among us. This is the new Australia we live in. Australia is fast becoming a nation of haves and have nots.

Photo by MART PRODUCTION on Pexels.com Unfair Australia & Liberal Party Politics Australians do not look out for their poorer neighbours any more. Australia is not the land of a fair go. The Liberal Party and National Party Coalition is built on policies that look after the vested interests of the already wealthy and powerful. The Murdoch press likewise look after their corporate mates who advertise in their newspapers and on their radio programs. Similarly, Nine Fairfax follow the corporate media mandate, where objective journalism comes second to the interests of advertisers. The ABC remains a bastion of independence but had to survive a decade of concerted attacks by the Coalition. Its budget was slashed and its journalists criticised by Coalition government members in an attempt to weaken their reporting on their governing. It was effective in neutering the more outspoken Auntie presenters.

Australia has spent two decades growing used to locking up and, therefore, psychologically torturing asylum seekers who come to our shores via illegal boats. Out of sight is out of mind via offshore processing and locking these desperate people up in prison camps for years and years. The haves do not want their island paradise sullied by the needy, especially if they are dark skinned Arabs and Africans. Australia was built on the basis of it being a new world for white people – this remains rooted inside the beliefs and attitudes of many Australians. Racism voices its ugly message online via cowardly trolls and at the footy on weekends with black players being abused over the fence. It has a political champion in Pauline Hanson and her party who these racists can vote for. There is much greater racism in regional Australia, where the levels of education are far poorer, along with the available services.

Photo by Anna Tarazevich on Pexels.com The status quo ensures the continuing grossly unfair distribution of the nation’s wealth to the top 10%. The Coalition is all about the status quo, which is why after a decade in power they did nothing to provide Australia with an energy policy to meet the existential challenge of climate change. Playing politics whilst Australia burns was Tony Abbott’s and Scott Morrison’s speciality. Australia now faces a steeper road ahead to transition from fossil fuels to alternative low carbon emitting energy sources. This is why they were voted out of office in the end. Even the selfish Australians eventually realised you cannot go on having a government sticking their heads in the sand. The clock is ticking and even the dumbos in Queensland will have to wake up to the global reality.

Photo by Pixabay on Pexels.com Australia has become less community minded over recent decades. Our concept of who is part of our community is far more likely to only entertain PLUs. Do individual white Australians feel a sense of responsibility for helping their disadvantaged black, fellow and sister, Australians? Would they walk a kilometre in their shoes? Or do they judge them harshly on a meaner scale of everyone is out for themselves? Helping repair the imbalance between the haves and have nots is not going to happen exclusively through government programs and policies. It is going to take all of us committing via a national resolve to lift up those falling behind. How about it Australia? ©House Therapy Read the full article

[joshbois]

Tips for getting a #startup #investor with a #female #founders #brand as a #casestudy // #watch on #JoshBoisTV w/ Josh & Brie // youtube.com/JoshBoisTV Direct link: https://youtu.be/3yP1Wib-o6I #GlobalInvestors #GlobalInvestor #CEO #Executive #GlobalCEO #DreamBig #SharkTank #Globalize #Globalization #WealthDistribution #ThinkGlobal #Exclusive #BigDeals #BusinessToBusiness #B2B #B2C #TopMarketers #OrangeCounty #GlobalVillage #Tech #GlobalConsultant (Irvine, California) https://www.instagram.com/p/BnDjSj_HPX3/?utm_source=ig_tumblr_share&igshid=hrct69wpwbbf

[monriatitans]

Sat, May 1, 2021 "Dear Hollywood Celebrities, If you are anti-gun and for a gun control stop glorifying guns and action movies. If you are a climate change activist stop flying around on your private jet. If you are for a wealth distribution open up the doors to your mansions. No one likes a hypocrite, so start leading by example!" - Jason Bassler, @jasonbassler | thefreethoughtproject.com

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

See the original post on Instagram! Watch WGS on Twitch and YouTube!

[webofinfluence]

Ironhold 👨🏼‍🌾🗡🪴🏰 embroidery silk, linen, bamboo, spray paint, varnish 13 x 14.5 x 1.2cm West of the Marches but not so far as Deadwater, there is a hill that was at one time full of metal. It's gone now, taken to prop the dwindling success of Onneperial colonies. Gone too are the humans who picked at it and pulled it out. Different humans live there now and though they still call this place Ironhold, they hold no iron. This community sustains itself on only the metal of the shovels they use when digging over their allotments. £120 plus P+P 20% of what you pay will go to @givewellorganization a brilliant organisation who have done tons of research for us enabling donations to go to causes where they can save or improve the most human lives. #art #tomjohnsonart #painting #castles #embroidery #アート #embroiderysilk #現代アート #landscape #景色 #castle #handembroidery #worldbuilding #onne #holdfast #iron #mining #wealthdistribution #times change #letsmoveon #metalintheground #storytime #makeuptherestyourselffornow #ironhold #onne #onneperial #sledgemere #themidlandmarches #thisplaceisnotreal (at Nowhere In Particular) https://www.instagram.com/p/CNnD8G2F5ZM/?igshid=rdxf1w2u3fg8

[davidwfloydart]

Looting... #socialinjustice #greed #wealthdistribution #wealthdisparity #wealthinequality #socialanxiety #poverty #endpoverty #suppressed #suppression (at San Francisco, California) https://www.instagram.com/p/CA2zi3oBr2wgHPiO7EkyBMemn2Z_4mmQ3-PCDw0/?igshid=1vxglbmmnhxvm

[sasexplorerwu]

To cite Samson Williams, Davos is where the world’s wealthiest people discuss democratizing access to wealth at $71k a ticket. Ultimately deciding to continue to tax the poor to pay for it all😎 It looks very much like an ICO conference but for economist and policy makers (World Economic Forum)🏦 #wealthdistribution #wealthinequality #wealth #rich #democratizingfinance (ved Oslo, Norway) https://www.instagram.com/p/BtG8P59gMC2/?utm_source=ig_tumblr_share&igshid=7qse6f3wt7ah

[abshort7]

👑 Follow @ab_stockmarket - Lets Dominate The Business Empire 👑 ~ Leave Your Comments 💬 Thoughts And Suggestions Below! 👇 ~ Save This Post For Later! 📌 ~ Share This Post With Your Friends! 📲 ~ Tag Someone Who Need To See This! 🏷 ~ ~ Turn On Post Notifications! 🔔 ~ Hashtags ✅ : 👇 #wealthattraction #financialwealth #wealthlifestyle #wealthlife #wealthmanagment #wealthofknowledge #wealthymindsets #wealthstrategist #wealthisamindset #wealthbuildersworldwide #wealtheducation #wealthyblacksingles #wealthprinciples #wealthteam #wealthness #wealthyinsoul #realwealth #wealthbuildingstrategies #mywealth #wealthcoaching #getwealthy #wealthdistribution #longtermwealth #wealth_generation #wealthcare #wealthcreationtips #wealthyquotes #financially #millionairmindset . . . #EmpireDominator 👑 (at Benglore) https://www.instagram.com/p/Cki9x4mSly3/?igshid=NGJjMDIxMWI=

[glrosario]

I am not trying to learn how to cook from a person that doesn’t cook. I am not trying learn how to swim from a person who can’t swim. Why would I try to learn about money from a person who has never earned any? . George L. Rosario NYC's Hometown Realtor Luxe Stone New York at eXp Global Luxury Expertise National Keynote Speaker www.GeorgeRosario.com CONTACT: 917-945-4211 . .. . Serving The Greater New York City Area . Brooklyn, Queens, Manhattan, Bronx, Nassau, Suffolk, Long Island Luxury . . “Don't chase people. Become the best version of you and the right people will find you. Attract the people you want in your life by becoming the person they want in their life." ~ George L. Rosario #Wealth #wealthcreator #wealthmastery #Wealthdesigner #wealthymindset #wealthdistribution #wealthoflife #wealthabundance #wealthymind #wealthhustle #WealthyPeopleHabits #wealthbuilding #wealthgain #wealthmanagment #wealthenhancer #WealthMoves #wealthbuilers #wealthysingle #money #freedom #financialfreedom #financialintelligence #glrosario #exp #exprealty #investment #luxestoneny #LIONSquad (at New York Grill) https://www.instagram.com/p/B3ZkusPHk1W/?igshid=17otn4gmdac4a

[joshbois]

Thanks for always supporting me at my investor events @michaelkish1990 your turn now! looking forward to supporting you at your influencer in beautiful Monarch Bay! . . #GlobalInvestors #GlobalInvestor #CEO #Executive #GlobalCEO #DreamBig #SharkTank #Globalize #Globalization #WealthDistribution #ThinkGlobal #Exclusive #BigDeal #BigDeals #Luxury #LuxuryLifestyles #LuxuryLifestyle #Business2Business #BusinessToBusiness #B2B #B2C #BusinessToConsumer #TopMarketers #TopDog #UnitedStates #OrangeCounty #GlobalVillage #Enterprise #Innovation #SmallBusiness (Costa Mesa, California) https://www.instagram.com/p/CDki3_ChUJ_/?igshid=1m0ji4f5au5vq

[msafiyathediva]

#HappyFriday! Let’s get this money & see how happy we will be. 😆 Fair is fair right!? 🤷🏽‍♀️ #moneycanbuyalotofthings #fairisfair #wealthdistribution #fuckwitmeandgetsomemoney #leggo! #justforlaughs