Fix The Money

@ZynxBTC It only takes a couple of weeks of working with others being paid the same despite being half as productive, for resentment and apathy to take hold, and for productivity to drop.

The UK is slowly becoming like Communist Cuba. Wage compression is a serious issue in the UK. For many decades, Cuba operated under a strictly egalitarian wage system where most government employees earned roughly the same amount regardless of their profession or performance. Full time minimum wage for a 40-hour week is now £26,400 a year. For comparison, a band 5 hospital nurse earns £32,073 and a newly qualified teacher earns £32,916. The effects of this wage compression is further exacerbated by punitive taxes imposed by the state, where anything earned after £50,270 is taxed at almost 50% when you take into account NI and Student Loan. You have a bizarre scenario where someone earning minimum wage in Carlisle or Aberdeen has similar levels of disposable income to someone earning a top 20% salary in London. We are starting to see the cracks of this broken system with NHS Doctors striking over pay. In real-terms their pay and standard of living has been decimated. I do wonder whether many are starting to question whether it's still worth becoming a professional in the UK, given how warped the incentive structures have become. I'll end this by leaving you with a rather telling image.

Although the average person doesn’t understand economics very well, he does understand that some people are getting rich without producing anything. In today’s US, a certain class of people have gotten rich because of inflation (theft), not production. How so? They’re wired to the government and the Fed. When fiat money is created, it goes to them first and in the largest amounts. The average guy doesn’t benefit from trillions of government spending. The “elite“ and members of the Deep State, however, benefit immediately and directly from fiat currency creation. The broad public suspects a theft is going on. They just can’t quite figure out who the thieves are. So they blame the producers. Which suits the government perfectly; they can “step in“ and pretend to be the hero. A society based less and less on production and more and more on the theft of pre-existing wealth inevitably becomes a Hobbesian warzone of all against all.

If your NI contributions were invested wisely by the state, the 30+ years you pay in, would, with compound interest be worth way more than the current state pension. Takeaway. The government is shit with money.

A few UK economic scandals from the last week: You’re being squeezed harder than ever… while this is happening 👇

@ZynxBTC I'm midlands, and the equation is the same. Equity into strc = double the income with no tenants.

@Fix7heMoney Many landlords are doing this now. I only expect it to get harder to justify having a property portfolio over Bitcoin. London prices need to decrease by another 50% in real terms.

Property as an investment in London is dead. £100k invested in the average London property in 2016 = £116k in 2026. £100k invested in an index fund in 2016 = £224k in 2026. £100k invested in Bitcoin in 2016 = £17.2mil in 2026. Expect this trend to continue.

@londonHenryGB That cost wont include the wages of the gov employees who spent time on this essential project.

UTTER CORRUPTION. BLATANT DISREGARD FOR TAX PAYER MONEY. NO ACCOUNTABILITY. £1.8 MILLION FOR AN APP I COULD VIBE CODE IN A WEEK!

@RoryCooney @ZynxBTC Long term rental contracts would help in the interim. But this requires gov to change the rules. Current max in the uk is 3 yrs (i think) whereas in germany lifetime agreements are typical.

As an investment sure, but, when it means you have somewhere stable that you don’t have to move every few years and often pay less monthly than you would renting. Discount the rent you would have paid. Add stability needs of a family and it still makes sense. Can’t wait to live in a world where the investment monetary premium evaporates. It’s one of my main motivators in Bitcoin. I would be very happy if my house was neutral in 10years time. Real terms drop, but, nominally the same. I think I’m one of very few home owners who is happy to see headlines of house prices going down. Gives me hope for the next generations.

@AaronBastani Welfare should only be paid to thise who need it.

It should be indexed to wages, meaning a shared interest in a high wage economy. This was considered a massively progressive position until Cameron sought to bribe pensioners. The difference, in some years, could be £5-10 billion. The future success of the country needs that £.

📣 Politicians can often help by getting out of the way.

There are lots of old people. Old people vote. Politicians want to get elected. So politicians promise old people benefits. Lots and lots of benefits. Young people pay. Democracy!

@WolofBomberg @louderry @LBC Spending wasnt cut, only the rate of increse in spending. Debts get bigger if you dont pay off more than the interest. The gov have borrowed extra money almost every year of the last 25.

@louderry @LBC i still can't work out how they managed to double the national debt 2010-2020 during a decade of cutting spending. that's really some going.

Ex army general on @lbc, asked if UK is ready for war. 'We haven't been since Cameron cut the defence budget by a 1/3 in 2010, people still don't understand what austerity actually mean't'.

🇬🇧 🌬️ March 2026: UK paid £227,400,000 to switch wind turbines OFF and buy gas elsewhere because the grid can’t take the power.💸That’s #curtailment due to outdated infrastructure. Bitcoin miners could’ve taken every wasted MWh, turned it into £££ and secured the grid. #BitcoinMining

@londonHenryGB Flat rate transaction tax. No thresholds. No HMRC.

Get rid of the state pension. Get rid of national insurance. Get rid of the personal allowance withdrawal. Flat taxes for all!

I’ve got to remortgage in November. Current rate: 1.67% Next rate: almost certainly painful in comparison So I want to ask the most economically-literate community I know. What would you do in this situation? Drop thoughts below as well 👇🙌

@AlexGlasse Though the economy is weak, and i expect the impact of the conflict will be for BoE to cut rates in the medium to longer term. Just not sure when thst will feed through to mortgage rates.

@Fix7heMoney Yeah I’d do lean that way too if I had rentals. What are your thoughts for a primary residence?

@AlexGlasse Made my decision on that 3 years ago - put my equity into btc and i rent.

@Airbtconline amzn.eu/d/0e25vyul

What’s the easiest way to explain Bitcoin to a complete beginner?

@ManOfKent15 ...and if you want to know where all the infpation is coming from, and how it can be stopped. youtu.be/YtFOxNbmD38?si…

@ManOfKent15 Say beef doubles, so people stop buying beef and buy chicken instead - at the same price beef used to be. As people are buying less beef & more chicken, the boffins swap chicken for beef in their calculations. Magic - no inflation, despite both having increased in price.

I'd like to know how inflation is calculated. My weekly grocery shop has nearly doubled in cost in about two years. Everything I buy has gone up by more than 10% in the same period. Yet inflation is 3.6%. Another Labour lie?