{"id":1544885,"date":"2025-07-02T13:30:00","date_gmt":"2025-07-02T17:30:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1544885"},"modified":"2025-07-02T13:30:00","modified_gmt":"2025-07-02T17:30:00","slug":"theres-a-lot-of-honest-pain-out-there","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/theres-a-lot-of-honest-pain-out-there\/1544885\/","title":{"rendered":"There’s A Lot Of Honest Pain Out There"},"content":{"rendered":"

There’s A Lot Of Honest Pain Out There<\/span><\/p>\n

\n

Submitted by QTR’s Fringe Finance<\/a><\/em><\/p>\n

Yesterday, someone left a comment\u00a0on my post about Zohran Mamdani<\/a>\u00a0that stuck with me in a way few internet comments ever do. It wasn\u2019t defensive or hostile\u2014it was sobering.<\/p>\n

The commenter challenged me, not to just oppose Mamdani\u2019s ideology, but to think about why his message resonates at all. Here’s what they said:<\/p>\n

\u201cYou really ought to ask yourself: why does his message resonate? Why did Russia have a revolution? People don\u2019t wake up, make the espresso, make an omelet, look out the back window across their deck, the lake, the boat, ready for a day of country living, and say \u2018You know what, honey\u2026 how about we start that revolution today?\u2019 Nobody does that. Revolutions are made by very unhappy people. Why are they unhappy? Mostly because society largely doesn\u2019t work for them\u2026\u00a0There is a lot of pain out there, and a lot of it is honest pain.\u201d<\/strong><\/p>\n

They\u2019re right. There\u00a0is<\/em>\u00a0a lot of honest pain.<\/p>\n

And if you\u2019ve followed anything I\u2019ve written over the last several years, you know I\u2019ve been screaming into the void about how broken our monetary system is. We have created an economy where the top 10% get wealthier with each crisis, while the bottom 50% watches their standard of living deteriorate. I\u2019ve described it\u00a0here when talking about<\/a>\u00a0the GameStop crisis (33:40).<\/p>\n

The frustration bubbling beneath the surface is not irrational. It’s earned.<\/p>\n

People are watching the price of everything explode\u2014housing, food, healthcare, energy\u2014while wages stagnate. Meanwhile, Wall Street breaks records quarter after quarter.\u00a0That disconnect doesn\u2019t feel like capitalism to the average person<\/strong>. It feels rigged.<\/p>\n

So when someone like Mamdani shows up and says \u201cseize the means of production,\u201d it doesn\u2019t sound crazy to people living paycheck to paycheck. It sounds like maybe, finally, someone is taking their suffering seriously.<\/p>\n

But here\u2019s the part no one wants to talk about\u2014especially not in polite political circles: the real culprit behind this pain is our broken monetary system. And both parties are to blame.<\/p>\n

I laid this out in March, and it bears repeating<\/a>. The U.S. is now at $35 trillion in federal debt. That number alone is alarming\u2014but the\u00a0speed<\/em>\u00a0at which we\u2019re accumulating debt is what’s truly terrifying. Since 2020, we\u2019ve added over $12 trillion. No one in D.C. talks seriously about it because monetary policy is the third rail. Touch it and you\u2019re finished.<\/p>\n

Worse, Democrats have embraced a mindset that spending can and should be infinite\u2014as if the dollar is magic and gravity no longer applies. They\u2019ve adopted the pseudo-academic gospel of Modern Monetary Theory (MMT), which argues the Fed can just print money without consequences. This idea has infected the left’s fiscal agenda with delusional confidence that everything can be free, deficits don\u2019t matter, and taxes can rise forever.<\/p>\n

But as I pointed out before: MMT doesn\u2019t help the poor. It accelerates wealth inequality. I\u00a0noted this in March 2025<\/a>\u00a0using this chart:<\/p>\n

<\/a><\/p>\n

\u00a0<\/p>\n

The more the Fed prints, the higher asset prices go. Who owns the assets? The top 10%. Who gets wrecked by inflation? The working class. Every time the Fed steps in with more easing, more QE, more bond buying, the rich pull further away from everyone else. Look at the chart of wealth distribution over the past 30 years\u2014it\u2019s not just widening, it\u2019s going vertical. And it\u2019s not just happening by accident. It\u2019s a direct consequence of our monetary policy.<\/p>\n

Democrats say they care about \u201cequity,\u201d but their economic policy ensures the exact opposite. The bigger government gets, the more it feeds on debt, the more the Fed has to monetize it, and the more billionaires benefit. This is not some conspiracy. It\u2019s math. It\u2019s observable. It\u2019s policy. And it\u2019s failure.<\/p>\n

I understand why people are drawn to Mamdani\u2019s message. When you\u2019re crushed by rising costs and watching others get rich doing nothing but holding assets, radical solutions sound appealing.\u00a0But replacing broken monetary policy with socialism isn\u2019t just wrong\u2014it\u2019s\u00a0<\/strong>disastrously<\/strong><\/em>\u00a0wrong.<\/strong>\u00a0Every society that\u2019s tried it has ended up worse off: Soviet Russia, Mao\u2019s China, Venezuela, Cuba. The promises are always the same\u2014fairness, justice, redistribution\u2014and the results are always scarcity, repression, and collapse.<\/p>\n

\ud83d\udd25\u00a0JULY 4 SALE –\u00a0<\/strong>50% OFF FOR LIFE:<\/strong>\u00a0Using this coupon entitles you to 50% off an annual subscription to\u00a0Fringe Finance\u00a0<\/em>for life:\u00a0Get 50% off forever<\/a><\/strong><\/p>\n

I\u2019ve said it before, and I\u2019ll say it again: the problem isn\u2019t too much capitalism. The problem is we don\u2019t have capitalism at all. We have central planning by unelected technocrats who distort markets, crush price signals, and rob the average American of any real shot at building wealth. And Democrats, for all their talk of the working class, are pushing harder than ever toward a centrally planned future with no brakes.<\/p>\n

The solution isn\u2019t to seize the means of production. The solution is to restore sound money, shrink the size of government, and reintroduce real market discipline. That\u2019s how you give people a shot\u2014not by handing them utopian slogans, but by fixing the corrupt system that\u2019s keeping them down.<\/p>\n

There\u2019s a lot of honest pain out there. And that pain deserves a real answer. MMT is not the answer. Socialism is not the answer. A return to true capitalism\u2014not cronyism, not corporatism, but honest, competitive markets\u2014is the only way forward.<\/strong><\/p>\n

<\/a><\/p>\n

QTR\u2019s Disclaimer<\/strong><\/em>:<\/strong>\u00a0Please read my full legal disclaimer\u00a0on my About page here<\/a><\/em>.\u00a0This post represents my opinions only.<\/em>\u00a0In addition, please understand I am an idiot and often get things wrong and lose money. I may own or transact in any names mentioned in this piece at any time without warning. Contributor posts and aggregated posts have been hand selected by me, have not been fact checked and are the opinions of their authors. They are either submitted to QTR by their author, reprinted under a\u00a0Creative Commons license<\/a>\u00a0with my best effort to uphold what the license asks, or with the permission of the author.<\/em><\/p>\n

This is not a recommendation to buy or sell any stocks or securities, just my opinions. I often lose money on positions I trade\/invest in. I may add any name mentioned in this article and sell any name mentioned in this piece at any time, without further warning. None of this is a solicitation to buy or sell securities. I may or may not own names I write about and are watching. Sometimes I\u2019m bullish without owning things, sometimes I\u2019m bearish and do own things. Just assume my positions could be exactly the opposite of what you think they are just in case. If I\u2019m long I could quickly be short and vice versa. I won\u2019t update my positions. All positions can change immediately as soon as I publish this, with or without notice and at any point I can be long, short or neutral on any position. You are on your own. Do not make decisions based on my blog. I exist on the fringe. The publisher does not guarantee the accuracy or completeness of the information provided in this page. These are not the opinions of any of my employers, partners, or associates. I did my best to be honest about my disclosures but can\u2019t guarantee I am right; I write these posts after a couple beers sometimes. I edit after my posts are published because I\u2019m impatient and lazy, so if you see a typo, check back in a half hour. Also, I just straight up get shit wrong a lot. I mention it twice because it\u2019s that important.<\/em><\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nWed, 07\/02\/2025 – 09:30<\/span><\/p>\n

\u200bhttps:\/\/www.zerohedge.com\/markets\/theres-lot-honest-pain-out-there<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

There’s A Lot Of Honest Pain Out There Submitted by QTR’s Fringe Finance Yesterday, someone left a comment\u00a0on my post about Zohran Mamdani\u00a0that stuck with…<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1544885","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1544885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1544885"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1544885\/revisions"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1544885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1544885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1544885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}