ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[Montanore]

People keep expecting the dollar to become worthless, but it hangs in there. People expect wheelbarrow money but that doesn't happen either. Why?

We won't have a Weimar situation because the Rentenmark was not based on debt like our dollar is. They were able to freely print it up without bonds being sold...meaning the currency didn’t have to get paid back with interest. Our dollar has a counterweight—the more they print, the more the debt. The citizens are double dipped. Not only do they pay a hidden tax of inflation, but also real taxes that go to paying interest on the debt—which constant grows. That means dollars are removed from the system and returned to the top of the pyramid and into the pockets of those who own the central banks.

Germany had a law to combat inflation—and that was to make salaries commensurate with said inflation. Here’s where the wheelbarrow money came in. A worker ends up getting a million per hour, but he was forced to spend it ASAP to get any value out of it. We have no such law here and in fact, real wages in terms of buying power have not risen much in decades. ! This is another way the middle class is getting crushed. The millennials have given up on jobs and buying houses—the prices are now far out of reach.

The poor get subsidized and the rich, thanks to their government lobbyists, get favorable laws, tax loopholes, insider benefits, and perks. They get much richer. The American middle class gets not a wheelbarrow, but the shaft.