"Having bided their time for the past few years the global predatory class is now making its move to “free” economies from the social philosophy long thought to have been built into the economic system irreversibly: Social Security and old-age pensions so that labor didn’t have to be paid higher wages to save for its own retirement; public education and health care to raise labor productivity; basic infrastructure spending to lower the costs of doing business; anti-monopoly price regulation to prevent prices from rising above the necessary costs of production; and central banking to stabilize economies by monetizing government deficits rather than forcing the economy to rely on commercial bank credit under conditions where property and income are collateralized to pay the interest-bearing debts culminating in forfeitures as the logical culmination of the Miracle of Compound Interest."
These are all the things, all the real economic benefits, we stand to lose in our lifetimes. All to benefit the balance sheet of a reinvigorated aristocracy. They argue that paying back their loans (a risky investment they consciously chose to make) is more important than paying Social Security and healthcare. They are arguing that real people need to suffer so that they don’t lose some money.
The investor class is not on our side.
