If technology is continually producing everything cheaper why are we always paying more for everything?
It is because the financial system has been designed on purpose to benefit the rich and powerful at the expense of everyone else.
The government keeps printing more money backed by nothing. This money goes first to the rich and powerful who acquire assets. These assets keep going up in price because there is more money being added to the system.
So the rich get richer just because they own assets, without having to do anything.
Everyone else, the average person, who doesn’t own assets, gets poorer.
Here is how this happens –
When the money trickles down into the system we get inflation, which is prices going up.
Think of what you can buy for £1,000. After 10% inflation the cost of those products is now £1100.
You have lost £100 of purchasing power.
Here is another way of looking at this –
If you have £1,000 in the bank, after 10% inflation, it is really worth £900.
Inflation is theft, total theft!
The inflation you are paying is to pay for the money printing.
You are in fact paying, through inflation, for the rich to get richer just because they own assets.
The financial system is totally corrupt!