Stable Economy: Limit Real Estate Equity (Text Version)

While this is fairly accurate to the video version, it’s mostly my notes so may have flaws or slight differences.

One of the difficult things about constructing this series is prioritizing the sequence of the subjects involved. I am choosing this as the second subject for very good reason. If the stock market were actually revised as I suggested in the first substantive article, then certain things would happen. We would have to be prepared for the response of capitalist speculators.

Financial bubbles are never called bubbles by Wall Street loyal economists and investment advisors except in retrospect. The Internet bubble was not called a bubble until it broke. The 2008 financial crisis was not called a bubble until it broke. Those are just the most recent and obvious examples. These people will not call a bubble a bubble until after the fact because up until that point they are trying to get your money. By the time the bubble does break, they already have your money.

By that time, do you know who doesn’t have your money? You.

If we took away the stock market as a means of speculation and control of the economy, then capitalists would move immediately to control the economy by other means. One of the first things they would do is divert their investments toward real estate equity. Of course, they have already been doing this over decades but especially in recent years and that has accelerated tremendously since the beginning of 2020…