I begin with a question. What is capital? The simple answer is cash, but times are changing.
What is cash in a digital world? How would I get more? Why would I want more?
Let’s back up. Definition: Capitalism is an economic system where private entities own the factors of production. The four factors are entrepreneurship, capital goods, natural resources, and labor.
Are you confused yet, I am. The reality of fractional reserve banking’s role in the creation of currency is done with the creation of digits leads me to believe this system is a total fraudulent illusion. Debt creates the ability to own paper ownership in a lifeless corporation.
Since only a few companies pay dividends to stockholders, the game can only be won through the fictional price growth of stock prices. Again these prices are digits on a screen.
Capitalism seems destined to collapse simply because there is nothing real to support the prices. When the debt that created the currency cannot be repaid, the system fails.
Real physical assets like farmland, silver, and gold are protection from the coming collapse.
Here is today’s beauty.