Fake money has created a totally uneven playing field for most ordinary people.
Money used to represent a medium of exchange that would facilitate bartering. Instead of exchanging goods or services, people would receive a piece of paper that was equal to the value of their goods or services. This was initially an honest system when for each service or goods offered there was only one bank note issued. Eventually the banker started to cheat and issued a lot more money/paper than the counter value produced in kind. And that was the beginning of money printing. It just became too tempting and convenient for governments and bankers to simply create more money since nobody would really know. So if the value of a day’s work or a pig were both say $100, the money or paper issued for this should be $100 for each. But gradually governments/banks would issue more and more paper with nothing produced in return. All banks today lend at least 10x the money deposited so for every $100 received $1,000 is leant. But the leverage can be much greater like Deutsche Bank which is leveraged nearer 50x.
The effect of this money creation is that the $100 pig will eventually cost 50x more or $5,000 for the same pig. The pig hasn’t gone up in price since there is no scarcity of pigs but the money has instead gone down in value to 1/50th. The same for a day of labour. The man who previously received $100 per day now gets $5,000 for his work. He is not working harder and the price of labour has not gone up in real terms. But the value of money has gone so he needs to work one day to buy a big which now costs $5,000. I do realise it is a very simplified explanation but in essence, it is the way the corrupt monetary system works.
And this is how…