Quote from: evoorhees on October 13, 2011, 09:33:12 PM

Quote from: Rarity on October 13, 2011, 09:28:14 PM

Quote from: evoorhees on October 13, 2011, 09:26:45 PM

Hmmmm so productivity has increased, yet inflation-adjusted income has remained flat. Perhaps that means non-inflation adjusted income has risen, and perhaps that means the inflation tax is where you should channel your antagonism - toward the money printing that is robbing families without them knowing, instead of toward the corporations employing people toward productive ends.

I do put a large part of the blame there. That's why I love Bitcoin, once we stop printing the wealthy will no longer be able to unfairly perpetuate their advantages and more rewards for productivity will go where they belong. As the 53% movement proves, people are working multiple jobs and still not having the full benefits one should expect for that amount of work. They put the blame for that in different places than the 99% folks, but we are all in agreement it is a problem.

Good! But again, anger at "the wealthy" is not correctly targeted. The wealthy are not inflating anything. It's the central banks (The Fed in the US), the politicians who permit it, and the public who votes for those politicians (poor and rich alike). Those are the valid targets of ire.

The rich own the politicians and corporations like Goldman control government financial policy. I put the blame everywhere, but ultimately the rich are a target because under a Bitcoin economy redistribution of their wealth will have to be the end goal in order to reward the productivity of the working man. We can't just print more Bitcoin to start rewarding the productivity.