How To Protect Wealth
“Breakdown of society”
• Currency
• Store of Value
• Commodities
• Economic output
• Protecting yourself.
Economic Siege is under way
(Thread) 👇🏽
“Breakdown of society”
• Currency
• Store of Value
• Commodities
• Economic output
• Protecting yourself.
Economic Siege is under way
(Thread) 👇🏽
• Currency (1)
How do we derive value from currency?
We collectively agree that it is accepted because it is backed by sovereignty.
If I sell lemonade I will accept paper money(ZAR) because I know someone else will accept it from me too.
(Call it blind faith)
How do we derive value from currency?
We collectively agree that it is accepted because it is backed by sovereignty.
If I sell lemonade I will accept paper money(ZAR) because I know someone else will accept it from me too.
(Call it blind faith)
• Currency (2)
If I didn't know of someone else who would accept it, then I wouldn’t sell my lemonade in Rand, because where is the value?
If no one was accepting Rand, and I decided to accept (R) for my lemonade, my productivity would effectively be stolen, no?
If I didn't know of someone else who would accept it, then I wouldn’t sell my lemonade in Rand, because where is the value?
If no one was accepting Rand, and I decided to accept (R) for my lemonade, my productivity would effectively be stolen, no?
• Currency (3)
The Financial System works in the same way.
Countries who buy and sell from each other - use $dollar
Hence, the need for a global reserve currency, which acts as a benchmark to derive value.
It too, is being distorted, but that’s a thread for another day
The Financial System works in the same way.
Countries who buy and sell from each other - use $dollar
Hence, the need for a global reserve currency, which acts as a benchmark to derive value.
It too, is being distorted, but that’s a thread for another day
• Store of Value (1)
‘Is usually something that retains purchasing power into the future’.
Example:
• 2011
- Bread cost R6
• 2021
- Bread costs R15
If I held my economic output in Rand, then I would have gotten poorer, because I can buy less now than in the past.
‘Is usually something that retains purchasing power into the future’.
Example:
• 2011
- Bread cost R6
• 2021
- Bread costs R15
If I held my economic output in Rand, then I would have gotten poorer, because I can buy less now than in the past.
• Store of Value (2)
ZAR is not a store of value. It’s a currency - a tool to allow us to exchange with other’s
It’s why people preach;
“Invest, don’t hold too much cash”
Cash loses value in the long term, and those that store Economic output in it -are robbed.
Cash is ⬇️
ZAR is not a store of value. It’s a currency - a tool to allow us to exchange with other’s
It’s why people preach;
“Invest, don’t hold too much cash”
Cash loses value in the long term, and those that store Economic output in it -are robbed.
Cash is ⬇️
• Store of Value (3)
The rich know to pay their workers in currency (Rand) because it’s an exploitative tool that the elite use to keep the status quo.
Our economic production is stolen from us without us even realizing it.
Yes, the system is rotten, I know this.
The rich know to pay their workers in currency (Rand) because it’s an exploitative tool that the elite use to keep the status quo.
Our economic production is stolen from us without us even realizing it.
Yes, the system is rotten, I know this.
• Store of Value (4)
Hence, the inception of #bitcoin Whether it can stand the test of time - we’ll see, but it’s speculative at the moment.
There are many ways to store wealth, and it’s not as difficult as you may think.
Let’s look at some viable options. 👇🏽
Hence, the inception of #bitcoin Whether it can stand the test of time - we’ll see, but it’s speculative at the moment.
There are many ways to store wealth, and it’s not as difficult as you may think.
Let’s look at some viable options. 👇🏽
• Commodities (1)
Look at acquiring commodities that generate the same promissory characteristics as money/currency.
At the end of the day, money and currency are not the same. Currency is promissory, but commodities = wealth.
Look at acquiring commodities that generate the same promissory characteristics as money/currency.
At the end of the day, money and currency are not the same. Currency is promissory, but commodities = wealth.
• Commodities (2)
If you find yourself in a place where the currency is depreciating exponentially, then you look for other assets that have promissory feautures, this is how you grow wealth.
You use currency as a tool to get you to where you want to be.
Some Examples. 👇🏽
If you find yourself in a place where the currency is depreciating exponentially, then you look for other assets that have promissory feautures, this is how you grow wealth.
You use currency as a tool to get you to where you want to be.
Some Examples. 👇🏽
• Marijuana
If people put value on:
• Its benefits,
• Medicinal features,
• Recreational purposes
it can be used as a tool to negotiate or even to store wealth. In essence, you would use an alternative value to pay for traditional things.
If people put value on:
• Its benefits,
• Medicinal features,
• Recreational purposes
it can be used as a tool to negotiate or even to store wealth. In essence, you would use an alternative value to pay for traditional things.
• Marijuana (2)
Marijuana is not the only commodity that we can derive value from.
• Water
• Land
• Gold
• Electricity
Invest in industries that will retain value, compared to currency that doesn’t.
Marijuana is not the only commodity that we can derive value from.
• Water
• Land
• Gold
• Electricity
Invest in industries that will retain value, compared to currency that doesn’t.
• SA Economy
Why store of value matters?
South Africa’s GDP growth is declining and its tax base is shrinking, and state dependence is rising = catalyst for a weaker currency and social unrest.
This will affect all South Africans one way or another.
YOY ⬇️ GDP
Why store of value matters?
South Africa’s GDP growth is declining and its tax base is shrinking, and state dependence is rising = catalyst for a weaker currency and social unrest.
This will affect all South Africans one way or another.
YOY ⬇️ GDP
• SA Economy (2)
Remember, government acts to hold on to power, not for the benefit of the economy.
It’s why Putin, stated himself, and I quote “Africa is a cemetery for Africans. “How could a cemetery be developed?”.
Remember, government acts to hold on to power, not for the benefit of the economy.
It’s why Putin, stated himself, and I quote “Africa is a cemetery for Africans. “How could a cemetery be developed?”.
• S.A Economy (3)
Balancing economic stability won’t be an easy task, especially when income dries up, and fiscal and monetary policies don’t support economic advancement.
The inevitable happens, local assets - store of wealth - your wealth- all lose value in real terms.
Balancing economic stability won’t be an easy task, especially when income dries up, and fiscal and monetary policies don’t support economic advancement.
The inevitable happens, local assets - store of wealth - your wealth- all lose value in real terms.
• SA Economy (4)
It’s easy to just blame GOV, but they are playing in a world of oligarchies who have the power to collapse economies for their own dominance.
Think of a game of Monopoly, you inevitably go bankrupt and lose the game - this is how SA could lose sovereignty.
It’s easy to just blame GOV, but they are playing in a world of oligarchies who have the power to collapse economies for their own dominance.
Think of a game of Monopoly, you inevitably go bankrupt and lose the game - this is how SA could lose sovereignty.
• SA Economy (5)
In the midst of all the chaos- imperialism seekers will be making their moves to come #fetchyourwealth
Choose store of value wisely, because this is no make belief, friends.
Many people aren’t looking to help you, but simply waiting to benefit from chaos.
In the midst of all the chaos- imperialism seekers will be making their moves to come #fetchyourwealth
Choose store of value wisely, because this is no make belief, friends.
Many people aren’t looking to help you, but simply waiting to benefit from chaos.
• Hard Truths
Financial control is owned by these oligarchies we always seem to hear about in make-believe sci-fi movies.
Government is inept, yes. But capital is controlled by foreign sources. They control the store of value.
The working class are just cogs in the system.
Financial control is owned by these oligarchies we always seem to hear about in make-believe sci-fi movies.
Government is inept, yes. But capital is controlled by foreign sources. They control the store of value.
The working class are just cogs in the system.
• Final thoughts
We may think we own sovereignty, until the oligarchies come to feed, but at the end of the day, we are soldiers in an economic battlefield. There have always been casualties, this time is no different.
It’s time to stop throwing blame
We may think we own sovereignty, until the oligarchies come to feed, but at the end of the day, we are soldiers in an economic battlefield. There have always been casualties, this time is no different.
It’s time to stop throwing blame
• • •
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