orangehatter on Nostr: đź’ˇ How Inflation and Money Supply Are Quietly Shaping Our Lives: Lessons from The ...
đź’ˇ How Inflation and Money Supply Are Quietly Shaping Our Lives: Lessons from The Hidden Cost of Money
In our latest reading club discussions of sebbunney (npub1tm2…lpna)'s The Hidden Cost of Money, we uncovered some stark truths about how inflation and banking practices impact our daily lives—and it’s clear that these issues affect all of us, no matter where we live.
One of our members from Europe shared a frustration that resonated deeply: When people protest against unfair government regulations, they’re often vilified. The result? It feels like the syst
em just shrugs it off, leaving people powerless to create meaningful change. This led us to think—how many of us feel trapped in a system we can’t change?
Another member pointed out something that’s happening right under our noses: Property owners push management companies to constantly raise rents to “market” levels, even for long-term tenants who have always paid on time. The result? People are being priced out of their homes because their incomes can’t keep up with the rising cost of living. Can you imagine paying rent faithfully for years only to be evicted because of a rent hike? It’s happening all around us.
We also had a real “Aha!” moment when one member admitted she had no idea that banks, not just the Federal Reserve, increase the money supply. Banks are able to lend more due to lowered reserve ratio requirements, which fuels inflation. This concept shocked many of us—most people don’t realize how the system works and how it’s affecting our wallets.
And perhaps the most heartbreaking comment came from a member whose 26-year-old son doesn’t expect to ever own a home. He’s already accepted that homeownership is out of reach due to skyrocketing prices. Imagine being in your 20s and feeling like you’ll never achieve one of the most fundamental milestones of adulthood. It’s a harsh reality that many young people are coming to terms with today.
These aren’t just stories—they’re real-life impacts of a system designed to benefit those with assets while leaving the rest to struggle. The discussions we’ve had in our reading club go beyond just reading; they’ve helped us see how these hidden forces shape our lives in ways we often don’t realize.
Are you ready to join the conversation?
Reading alone only scratches the surface. Together, we can dive deeper into the hidden cost of money and how to protect our families’ futures.
In our latest reading club discussions of sebbunney (npub1tm2…lpna)'s The Hidden Cost of Money, we uncovered some stark truths about how inflation and banking practices impact our daily lives—and it’s clear that these issues affect all of us, no matter where we live.
One of our members from Europe shared a frustration that resonated deeply: When people protest against unfair government regulations, they’re often vilified. The result? It feels like the syst
em just shrugs it off, leaving people powerless to create meaningful change. This led us to think—how many of us feel trapped in a system we can’t change?Another member pointed out something that’s happening right under our noses: Property owners push management companies to constantly raise rents to “market” levels, even for long-term tenants who have always paid on time. The result? People are being priced out of their homes because their incomes can’t keep up with the rising cost of living. Can you imagine paying rent faithfully for years only to be evicted because of a rent hike? It’s happening all around us.
We also had a real “Aha!” moment when one member admitted she had no idea that banks, not just the Federal Reserve, increase the money supply. Banks are able to lend more due to lowered reserve ratio requirements, which fuels inflation. This concept shocked many of us—most people don’t realize how the system works and how it’s affecting our wallets.
And perhaps the most heartbreaking comment came from a member whose 26-year-old son doesn’t expect to ever own a home. He’s already accepted that homeownership is out of reach due to skyrocketing prices. Imagine being in your 20s and feeling like you’ll never achieve one of the most fundamental milestones of adulthood. It’s a harsh reality that many young people are coming to terms with today.
These aren’t just stories—they’re real-life impacts of a system designed to benefit those with assets while leaving the rest to struggle. The discussions we’ve had in our reading club go beyond just reading; they’ve helped us see how these hidden forces shape our lives in ways we often don’t realize.
Are you ready to join the conversation?
Reading alone only scratches the surface. Together, we can dive deeper into the hidden cost of money and how to protect our families’ futures.