Reseting the monetary regime to achieve true freedom

by Dec 8, 2020Thinking outside the bottle0 comments

social security money.jpg

Paulo Pinto

Alti Wine Exchange founding member

Dear reader,

Last week’s introduction to an idea of a Great Reset of the financial system debates the notion put forth by Klaus Schwab, of the World Economic Forum.

If you recall, we finished that post asking you to think about it. So let’s see.

Debt is at unthinkable levels. In many countries, interest rates are negative, central banks won’t stop printing.

What does it mean? What can we learn?

Well, we learned from experience that the future will be shaped with you or without you – and to me it means this Great Reset of the WEF will not work and is no good, because it does not address the real problem: the monetary system.

Almost everything depends on money, but you can draw your own conclusions. Or you can ask: why should I worry about the monetary system?

A few reasons. We have the largest elderly population in the history of the western world, with certain countries actually shrinking in population, like Japan, Spain, Italy or Portugal, and this alone creates a retirement crisis. The current monetary system is not helping elderly people to retire.

Politicians have overpromised the pay-outs. To solve the problem, they are overtaxing workers, and interest rates are creating an issue with fund performance. Debt has reached such high levels that any return to normal interest rates will be disastrous.

* * *

Here at Alti Wine Exchange, we focus on wine, but readers will remember that we focus specifically on fine and rare wine because we started to have doubts about money. So, it is because of money that we focus on fine and rare wine. We do it because we believe fine and rare wine is the safest way to protect yourself from failing currencies.

By reaching wine aficionados, Alti Wine Exchange is bridging the gap between the current wine ecosystem and the developing market for fine and rare wine as investment.

The Alti Wine Exchange platform allows people looking to diversify their portfolio and doing so in a novel way, resulting that they do not need to be a high net worth individual to trade alternative investments efficiently.

But back to the Great Reset…

1393531089_Vinosparafotodeiniciolibro.+berlin+tasting.jpg

We do need a great reset, but for the money system.

Money is debt and people seem to favour more government spending more giveaways when they are already covered in debt. This will not end well.

We need to guarantee people access to a basic income, as a starting point, in order to let people’s differences, shine with same conditions at the start so they can create wealth. Opportunities are only created by individuals, with less government control, and smaller governments. Opportunities are not planned by governments.

A basic income is needed to eliminate the hundreds of programs in existence to support and manipulate people and democracy, but also to guarantee the millions that have lost their jobs.

The great achievements of civilizations did not come from government bureaucrats, nor by order or suggestion of bureaucrats. It is hard to believe that the whole world seems to have forgotten that, that we need to free economies from governments — otherwise we will have the salaries of Cuba or the abundance of Venezuelan economy.

When the WEF speaks about climate change, they are in fact speaking about increasing taxes, and when they talk about equality, it means increasing regulation in all fields and interfering in your daily life. Listening to the elites for a solution is no different than having two wolves and one sheep voting for dinner.

What the WEF is proposing is not a great reset, just an acceleration of the current process. The Great Reset needs to come to the monetary regime we are living.

According to a ING Bank report, the global economy now has 223 trillion USD of debt that is supported by 71.5 trillion of GDP (one third), which is clearly insufficient to support the debt — particularly if you add the 700 trillion in derivatives, mostly to protect the risk of this debt.

Payments on debt have grown faster than the economy’s ability to create savings and corporate free cash flows to sustain itself. Debt, and in particular stimulus debt, has less and less ability to create additional economic growth.

We have no doubt about that, and that means in our view the need for a new Central Bank of Social Security — or a trendier title: A Great Reset of the financial system to save democracy.

How to develop such concept?

Our Great Reset solution is looking to simplifying the present complicated banking structure and its relations to society, in a way that changes completely the relationship of power and therefore with far-reaching consequences raising questions inevitably in the minds of those in control of the current system.

The essence of the plan for a new Central Bank of Social Security (CBSS) for such a great reset is to have money, independent of loans while guaranteeing the solvability of Social Security, and at the same time a minimum guaranteed income.

This new model will eliminate the process of creating and destroying money in practice by Central Banks now, and with it preventing the enlargement of the gap between the haves and the have-nots, while preventing the processes of inflation and deflation.

 


 

 

Explore More from Our Blog

They have created the perfect storm for controlled demolition of money

I’m glad to be back talking financial insights, one glass of wine at a time. First they shut down the economy, to save lives. With the closure of the economy, production ceased. To compensate for non-production or reduced production, people were paid not to lose...

Spanish Cava Sparkling Wine: What You Need to Know!

Spanish Cava Sparkling Wine: What You Need to Know!

What is a Port Wine?

DEAR READER, Let’s start February off with a simple question: Good morning, Mr. Ferdinand, What is a Port wine? -Jacques Thank you, Jacques, for your brevity. Let’s get down to business! Ports are an underrated, very particular type of wine made in the Douro Valley,...

What to Expect for Fine Wine Investments in 2022

Let’s face it, between an ongoing COVID pandemic, erratic markets, fires, floods and major humanitarian crises, 2021 was exhausting. And though none of us can be sure what to make of 2022, we can say with confidence that fine and rare wine investments are looking...

Holiday Gift Guide for Fine Wine

It’s that time of year again! And so begins the search for the perfect holiday gift. Something unique, something that shows you truly care. How about a gift that keeps on giving? An investment. Imagine their surprise when you tell them that their gift is resting...

FAMILY-RUN WINERIES

DEAR READER, As I grow immensely in popularity, I’ve noticed more of you interested in my personal life. I didn’t begin e-blogging with this in mind, but I don’t mind indulging every now and then. I imagine my intellect intimidates a lot of you, so maybe shedding some...

The Truth about Fine Wine

Fine wine. What does that really mean? The truth is, as words, they don’t mean much. There is no official classification system for the title “fine wine.” It’s not like the regulated usage of “Premier Cru” or “Grand Cru Classé,” for example, rather anyone can throw it...

Maipo Valley Reds

DEAR READER, I am again-and-again charmed by my readers’ curiosity! It reminds me of being a young sommelier, ready to take on the world one glass at a time. I know far too much to feel that way again—but at least I can experience a shred of it through you all! Dear...

Liquid Harmony

Harmony. Think Crosby, Stills, Nash & Young. Think Picasso's The Old Guitarist. It’s that moment when various elements come together to create magic. And magic really is the word, no? Wine can also sip in harmony, and I can think of no better example than the...

Where Does the Phrase “Aging Like Fine Wine” Originate?

DEAR READER, I received this charming question from an inquisitive reader last week. Dear Sommelier Ferdinand, Where does the phrase “aging like fine wine” originate? It’s so fun! -Imani I just love your question! What a lively spirit you have, Imani! I’m more of a...

NOSTALGIA AND THE ADELAIDE DOURO RED

DEAR READER, Let’s get down to it! Dear Sommelier Ferdinand, I respect your point of view, but I must ask: don’t you think worshipping wines is partaking too mightily in the past? Wouldn’t you rather create your own memories than indulge in nostalgia? -Ethan Ethan,...

The Top 10 Wines to Invest In Today

Imagine that back in the day you invested in a case of 1992 Screaming Eagle Cabernet Sauvignon wine. When released, mailing list members had the chance to snag a bottle of this "cult wine" for a mere US$75.00. Fast forward to now, and one bottle alone goes for...