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Showing posts with the label monetary

Play the game that people play?

Lucky Baskhar (Telugu; 2024) Director:  Venky Atluri There are different rules for other players. The rich have it good. The system ensures that they stay wealthy. Money begets money. The law provides that the bulk of wealth remains within the confines of those with them. There are different rules for other players. The rich have it good. The system ensures that they stay wealthy. Money begets money. The law provides that the bulk of wealth remains within the confines of those who possess it. T he legal system makes justice swifter for all the money that can be bought. The middle class stays put in a self-imposed restrictive loop. The middle class is trapped in a cocoon by concocting rules of morality as well as divine and social justice. Grabbing an obscene wealth escapes them and can only be an unattainable dream.  The middle class is often used as a scapegoat to show society that the system is fair. By periodically using them as sacrificial lambs, society sets an example t...

Money is never enough!

Money Explained (5 episodes, Documentary, 2021) Netflix Looks like the old adage 'there is no such thing as a free lunch' still holds true. The system is there so that the well-heeled is always at the top of the food chain at the expense of the poor. Whichever way one looks, the little man will always stay poor, and the rich man will always the last laugh.  Money, wealth, luxurious lifestyle and aesthetically pleasing environment are dangled in front of those who can ill afford to own or even anywhere around it. Everyone wants to be rich as that is our measure of success. The first carrot that is dangled upon us is the get rich quick scheme. Even as early as the time of the expeditions to South America, the designs have been going around. Gregor MacGregor, a professional trickster, managed to sell land and bonds of a supposedly heaven-on-earth kind of a paradise territory in Central America after their discoveries. The trouble is that such a place was non-existent. Gullible peo...

Debt is money; Money is debt!

The Web of Debt (The Shocking Truth About Our Money System And We Can Break Free) Ellen Hodgson Brown, JD. I grew up confused. On one hand, I was told to live within my means, to balance my income to my expenditure and to ensure that there is always something for savings. Being in debt was frowned upon. On the other hand, on the other side of my family, living on credit was a way of life. Nothing wrong to borrow, they would say. Even nations take huge loans. In the modern world, it seems that one is deemed to be rich by his assets but the properties are leveraged by debts. In other words, he is only as rich as much as he can pay the interest on his debt. Money begets money and the poor get poorer. The divide between the haves and the have nots becomes more apparent as the days go by. One small hiccup in this set-up and the house of cards comes down crumbling.  Nations that have secured high amounts of loans apparently have a higher credit rating on their credib...

No place like home!

The Wizard of Oz (1939) Even though 'The Wizard of Oz' (the film) based on the 'The Wonderful Wizard Of Oz' (the book in 1895) played important roles in many people's childhood, I was always under the impression that it was one of those silly children stories that one can do without. Of course, the soundtrack of the movie, especially 'Somewhere over the Rainbow' kept ringing in everyone's ears to remind that the right time will come one day or was it a message just to keep the crybabies quiet? Now they tell me that 'The Wizard of Oz' was satire through and through. Subtly hidden behind the outrageous storyline was the fight of the Populist Party in the 19th century USA against their monetary system. In 1895, there was an economic depression that affected most of the typical Americans. Part of the reason for that money was pegged to gold. The Populist Party, under the auspices of its leader William Jennings Bryan, a two-time Presidential c...