Following decades of successful inflationary theft by fiat currencies, The Deep State has announced plans to replicate the model in other areas. Here are some excerpts from their report, entitled “Spending the next generation’s equity on yourself”
Education
“....In education, we are tired of providing a set number of hours to each child. The new model will allocate 6 hours of schooling per day to each child redeemable as coupons, but we will then print 6 additional hours of schooling coupons per child, and we will give most of them to state schools, and some of them to existing students as ‘school hour’ handouts. This will create the illusion of extra hours of schooling, but in reality, the public schools will now be using their additional coupons to take lunch breaks, effectively halving contact teaching hours.”
Roads
“...Full credit goes to our roads and motorways team for finding creative solutions. After spending taxpayer money to build the roads, then making taxpayers pay for them again via privately owned tolls, then making them pay again via vehicle registration fees, fuel taxes and subsidies to private construction companies, then making them pay again with exorbitant fines, parking fees and regular inefficient repairworks, it seemed like we had reached a limit of enriching ourselves at the expense of citizens. However our roads team has introduced ‘carbon social credits’ for all transport, which will allow us to transfer inflationary theft even to something as simple as using a footpath.”
First home subsidies
“...We were able to shut down small and medium businesses for two years, which really hid the 30% extra cash we printed and gave to ourselves. Unfortunately, Asset Inflation is a bit harder to sweep under the rug. Since we also decreased overall GDP, we now have poorer citizens with less purchasing power, trying to buy more expensive assets. We don’t want them to know that these assets are already promised to our multinational political donors, so we have raised the first home owners grant to $10,000.
It takes a little to understand just how this helps the average citizen, so let’s use an example.
Pre-covid, Johnny had a 20% deposit saved ($100,000) to buy a $500,000 home. We locked him up and stopped him from working, so he couldn’t get into the market so easily. This allowed us time to print 33% more currency and increase national debt by hundreds of billions. The increased currency pushed the home price up to $650,000 and the extra debt ensured variable home loan rates would go up.
Johnny now does not have enough deposit to buy the same home, and is liable to get upset. To avoid this, we offer him a $10,000 first home subsidy. This is just enough to keep Johhny working, but not enough that he attempts to make a purchase of the asset, which would push up the price and annoy our Chinese Communist Party/Great Reset Partners. Johnny will continue to get raises of 5-10% each year, but will never be able to match our asset inflation figures of 12-20%, and the high variable interest rates will further encourage the gap between wealthy and poor to widen. Johnny will choose to rent, and obviously, will be happier owning nothing. Meanwhile, we can spend the cash we printed and gave to ourselves in the short term to continue buying assets, and use the upcoming hyperinflation food, job and housing shortages to push through a central bank digital currency to replace the now worthless old currency.”
Did you hear that people, get ready for bread and circuses, or at least circuses. Hurrah!