Frederick Bott
1 min readJul 21, 2021

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I agree with you markets sometimes seem very unfair. It applies also to technology.

It isn’t the most famous who drive markets, but the richest.

Everyone follows what the richest are buying, believing that by buying the same, they could be rich too.

But nothing could be further from the truth. By that, the richest profit directly from their followers.

Markets change completely when profit is removed.

Oil prices went negative when the first stimulus of 4Tn, equivalent to 10k per head was issued in US.

That, was a clear public vote against oil.

That was a glimpse into how different and truly democratic markets look, with the motive of profit removed.

The conventional view is we couldn’t sustain that, as money would rapidly devalue.

It might have been true a number of years ago, but now, extraterrestrially donated wealth which isn’t accounted for, is being pumped into the world economy via solar powered proof of work tokens which are exchanged for money as debt, in markets.

So now when free money is issued, its value goes up, not down.

There is the solution, for those who care to see it, I think.

It is only a matter of time until this becomes something that can no longer be denied or ignored.

Ironically, it means the richest are not as rich as they thought.

Capital, is the thing that will devalue when all is taken into account.

Folk won’t bother much with that in future markets.

A truly free market is a market free of profit, surely.

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Frederick Bott
Frederick Bott

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