19 Aug Why You Shouldn’t Save Money
Five years seems like forever to me. All the things I could have done. All the places I could have seen.
The psychological drawbacks of investing for the long term have begun to take hold. The plan was the buy gold and silver and watch them explode in a glorious implosion of fiat currencies around the world. This may be my Mad Max wet dream because I have a strong dislike for the status quo, the political class and the financial system. In addition, I’d get to say “ha, I was right” as the world, as we know it now, burned down around me. And I’d be rich, but unable to use it.
The main problem with investing in things is you stop investing in yourself. Your life is the best place in which to invest. Stop putting off that trip. Stop putting off that purchase you want to make. Stop putting off that business you want to start. Stop putting off purchases of healthy food and supplements. Those saved dollars will inevitably worth less tomorrow and maybe one day worthless. Experience is the only food for your consciousness. Use those dollars to experience things. Make a list of ten things you want to do. And do them.
Most people get raised to work hard and save. I was and maybe it’s why I can afford things and have the time to write this article. “Save your money and invest because it will be worth so much more later!” The sales pitch is deafening and always comes from the parasite class – the government and financial sectors. I also hear this advice from all kinds of middle class people. People that have lived a life that I’m not sure I really want. The truth is that most people will never cash out and enjoy their savings. They’ll end up donating it all to church in a feeble attempt to get into heaven. Or leaving it to spoiled kids that will blow it , or save it and never use it either.
“By seventeen, my parents were both dead, and I faced a different decision. My inheritance offered life long idle luxury, and yet, needing nothing, I burned with the paradoxical urge to do everything. Do you understand? My intellect set me apart. Faced with difficult choices, I knew nobody whose advice might prove useful. Nobody living” – Adrian Veidt, Watchmen
No, I don’t contribute to a Roth IRA. No, I don’t have a 401K. Maybe it’s cynicism, but I highly doubt my money will be there when I need it. Tax structure will change or there will be excessive penalties to withdraw or “temporary” emergencies will infringe on my right to my money. Because of the way money comes into existence in the form of debt with interest, there is always a need for new money to pay off the interest. The financial system relies on a constant inward flow. A lot of the need to save and invest disappears in a society without fractional reserve banking relying on constant growth in a fixed world. Baby boomers will have no one to sell their stocks to. Where will the flow come from? Most people in my generation are buried in student debt, car loans, and chasing down their parents’ dream of homeownership.
“Once you realize what a joke everything is, being the Comedian is the only thing that makes sense” The Comedian, Watchmen
One of my favorite Youtube videos has an excerpt from the late Bill Hicks. He talks about life just being a ride, and not taking yourself or everything so seriously. We’re all spoon fed what we should think is important, and how we should prioritize our choices. We’re taught who gets elected is important. I can never tell a difference in my life due to who is elected. The mainstream media likes to pedal information that they think I should think is important. But I don’t. Even the alternative news sources pedal information, like this one, they think is important. But it isn’t. My site is not important unless something in it improves your life.
“The World is like a ride in an amusement park, and when you choose to go on it you think it’s real, because that’s how powerful our minds are. And the ride goes up and down and round and round, and it has thrills and chills and is very brightly colored, and it’s very loud. And it’s fun, for a while.
Some people have been on the ride for a long time, and they’ve begun to question, ‘Is this real, or is this just a ride?’, and other people have remembered, and they’ve come back to us and they say ‘Hey, don’t worry. Don’t be afraid, ever, because this is just a ride.’ and we KILL THOSE PEOPLE.
You are born. You live. You die. The key is cramming as much as possible into the Live portion of that. This is why I’m passionate about health as it is the enabler of what I consider some of the most glorious experiences in life – sex, family, traveling, confidence. Some say the whole purpose of life is converting energy into knowledge. Each generation builds on the knowledge from the previous generation. Be smart. Experience things. If you can’t experience them because you can’t afford them, read books. Contribute to the world.
I still do save money that I don’t spend on things that I want to do. I avoid using debt. I do still believe gold and silver are in the process of becoming the biggest bubbles of all time.
And why would that happen?