I’m a simple man. I don’t understand all this Wall Street jargon. Let’s face it, buy low, sell high makes sense, sort of. Let’s face it, buy low, sell high makes sense, sort of. You buy a stock at $2.00 and sell it for $3.00, but you pay your broker $1.25. You make a profit and lose money. Ah, I get it. You pay a broker whose primary function is to make you go broke. Ok, now that makes sense.
Here’s where it gets confusing. The American government makes money. No, it’s not from working because politicians talk a lot, work very little. Heaven forbid they have to spend their multi thousand dollar pay on deodorant because they had to sweat a bit. I mean the government has a press that uses ink and some funny paper to make something called bills. I’ve heard of them but as an ex working stiff, I don’t get to see any. The American stuff is backed with either gold or gold plate. The Euro is also backed with something valuable, like Churchill’s false teeth.
The question then is, where does this paper stuff go? It leaves the mint and poof, it vanishes. It doesn’t go to the banks. They say it does, but I don’t believe it. Banks are supposed to know how to handle money, yet they have to get bailed out by a government that doesn’t know how to handle money. Odd, because if this money stuff were in the hands of the people that actually work to earn it, it would circulate. Blood circulates and gives life. Money circulates and gives prosperity. Stop the blood, no more life. Stop the money circulation and the economy goes belly up.
Wait, I just figured it out. We don’t get the money, then the rich, non-working politician can buy cheap or rather, buy low. Tell ya what, I’ll pay my water bill (isn’t water supposed to be free?), with a pig, three chickens and a dozen eggs. For what it’s worth, I can find the beef.
Your fellow serf
Ron