[00:00] Some people say taxes are the biggest scam, some people say inflation is. I would say the biggest scam is that we have both. Think about it, why do taxes exist if the central bank can just print money? Why doesn't government just fund their expenses through issuing more currency and making tax 0%?
[00:17] The fact that we have both 30, 40, 50% taxes here in Europe, while 10% inflation is not 2%, what you were taught in school is a complete lie. since COVID, the M2 money supply expanded at an average rate of 10.4%. So every year,
[00:32] if you have $100,000 in your bank account, sure, you still have that $100,000, but it can buy you 10% less. That is the insidious power of inflation. It's completely hidden. You don't see it until you
[00:44] feel it. So I think the greatest scam is that we have both inflation and both taxes, because you could easily run a country with just one of them. But somehow, the people in charge of this world have managed to convince us that we need both and that both are fair and hey nobody seems to mind
[00:59] if you talk about this you seem like the crazy one and everyone else is just happy slaving away at their shitty job paying 40 50 tax while their savings are getting inflated away