Half of the real wealth in the US and most of the rest of the world is entombed in dead money. What we get from the teller or change at the market is for the most part zombie money. The difference being the money at hand, the zombie money, is borrowed money, borrowed from the future. From the kids and grandkids, actually. We should thank them daily for their largess.
Even despite being spectral, hallucinatory, and futuristic, it is , of course, spendable. And that's all most of us care about. So what's this dead money business all about you may wonder? Dead money is the real wealth, actual bought and paid for bucks, euros ,yen lying around by the ton in the bullion vaults, blue ribbon investments and hedge funds cons of the extremely wealthy that produces, long pause.... nothing but...more money! Since the extremely wealthy few, several thousand families hereabouts, own half of all real wealth; if they just sit on it, it grows and grows but...it's still dead. To the world.
Lost in the land of wealth, the zombies are too confused to envy the dead. They wander about in a zombie daze pretending their zombie money is wealth. 'tisn't, 'tis it? It's delusional and fit only for the living dead, which includes most of us.
So what happens if the dead money remains that way. Nothing good. And that goes for the bunch who own the real wealth, too. Zombies, as we know from their many screen appearances, are nothing to trifle with. Proclivity for living flesh and all that.
So spread the word to all your fabulously wealthy friends and neighbors to stop squatting on it. To get with it and spread the wealth to create more real wealth, not just more green papers with old guys on the front. They know what to do and how to do it. Just need a nudge in the right direction. Tempus fugit.
What Goes Around
1 year ago
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