Money

Money issues no longer matter at the mausoleum in the “old folks home” in Waikiki. Asset price inflation, a creation of global central banks, has now fueled commodities price inflation. The “super-duper corona” plan-demic also disrupted global supply chains, which only boosted commodities prices even further. So, money for rank-and-file peons is meaningless.

Instead, money should be equated with something like … canned beans. The intrinsic value of canned beans supersedes fiat money. Canned beans are tangible and have a useful purpose. The long shelf life of canned beans means that it is a store of value.

With that said, there has been no attempt to manage the various personal investment accounts in any constructive manner. There have been absolutely no fund-to-fund transfers in a vain attempt to increase net worth. Rather, all personal assets remain locked in zero-interest-rate accounts. The accounts yield nothing and will only deplete with every withdrawal and transfer to the local bank.

There is no reason to believe that the “nest egg” will be enough for the remainder of life. And, oddly enough, there really isn’t much concern. Life pretty much ended when the “super-duper corona” plan-demic began. There will never be a “normal” to embrace again. So, why bother?

Addendum: The central bank of empire announced two interest rate hikes before the end of the 2023 year and “tapering” of QE. A big joke, just like last time. Baha! Ha! Ha! Haaa!