Over the past 20 years, the US had no net job creation for folks aged 16-59.
If it isn't already abundantly clear to you freaks, there is something wrong with our society at the moment. The stat above from our friend Lyn Alden does a great job of highlighting how far we've strayed. People who are supposed to be resting on their laurels in the latter part of their lives are being forced back into the workforce while those who are in the prime of their lives are struggling to find work. This is downright depressing.
Our elders are being forced into the workforce to survive and large swaths of younger generations are completely unable to begin building a nest egg that would allow them to avoid the situation those elders currently find themselves in. This is a horrifying doom loop the US finds itself in that it desperately needs to get itself out of.
How did we get to this point? Centralization, complacency, and a detachment from monetary reality.
How do we get out? Grassroots movements at the local level, action, and a return to reality.
Printing massive amounts of money has perturbed the ability of individuals to accumulate and save wealth over time. As a result, individuals are being forced to stay in the workforce longer than they would have if they were able to save the efforts of their labor in a hard monetary good. At the same time, there has been a collective amnesia that has resulted in most people on this planet not even understanding what money is. For most of my life, most people have assumed that the money they use just works and that it is something that will work into perpetuity. This seems to be changing in real time.
People are openly beginning to question the long-term efficacy of the Dollar as the Fed, in conjunction with the Treasury Department, flood the markets with more and more dollars. This is leading to action in the form of research into and adoption of Bitcoin, which is bringing us back to reality. This is amazing to see at this particular juncture. The opportunity for material change has never been greater than it is right now. People are pissed off, increasingly losing trust in institutions, and looking for alternatives. We've seen action in the form of a Capital Riot last week. It is only a matter of time before more and more individuals begin to realize the most powerful action they can take to fight back against this oppressive system and reverse the doom loop describe above is to buy and self-custody bitcoin.
Here's a great hour-long documentary on Thomas Sowell, one of the best thinkers that exists on this planet at the moment. I highly recommend you freaks check it out when you get a chance. When it comes to understanding economics and the tradeoffs involved with economic decisions, no one has helped me understand the concepts better than Thomas Sowell. Grow your know and spread the common sense, freaks.
Final thought...
Waves are pumping but I don't have booties, a hoodie, or the balls to dive in the 40 degree (F) Atlantic Ocean.