I was just thinking about the recession we’re in… that some are now calling a global depression.
My question is… where did all the money go? Where is it now? I understand the economics of the fiat currency we have… inflation, deflation… etc… but bottom line… brass tax… where is it all? I mean, I know who we gave ours to last year and the year before that… and I know who we’re giving the little amount of it we have now. We’re still paying our insurance (health, life, home, auto) … our mortgage, our cell phone and cable modem bills… and we’re still (obviously) paying for our food, electricity and gas for the cars. So even during the hardest times that my family has had financially, the insurance and banking industry are still getting paid by us, and we still need to eat, stay warm and get where we’re going. This is very telling if you ask me.
Maybe I have a very simplistic view of economics… but I figure that if I don’t have any money, it is because I have given it to someone else and they now have it. So who has it all right now? If it is any more complicated than that, it seems to me that it’s too complicated and that’s part of the problem.