Tag: money

Why I Have Not Been Cancel Cultured and Never Will Be: The Great flaw that the World Economic Forum never figured out

To answer a question that has been coming up a lot, especially these days, why I have yet to be cancel cultured out of existence is a good one.  Because it points to a fatal flaw in the World Economic Forum’s strategy for global domination, the foundations of that flaw were evident during and after Covid, and it is grotesquely apparent in the aftermath from all those who were suckered into believing what the Great Reset was aiming for their ridiculous “New Normal.”  Communism wasn’t going to be it, and they went all in on centralized control of everyone through the bureaucracy of the administrative state, and that fatal flaw was that they didn’t truly understand productivity.  They assume that everyone in the world is just as worthless as they are, as mindless bureaucrats who will do anything for a job because they don’t believe in the value of that job.  They feel they are given something, and their constant fear is that someone will figure out eventually that they don’t deserve that job, and that constant fear of that discovery drives them to do great evils in the world.  You’d be surprised how many CEOs of massive companies who make a lot of money feel that the rug could be pulled out from under them at any moment and that they might be homeless in the street with one swipe from their superiors in the World Economic Forum.  Those losers have gained so much power by exploiting this real fear in people who should know better.  This brings up the very relevant question, why don’t I worry about that kind of thing, and how have I managed not to be cancel cultured out of existence after all these years?  And the answer to that question is a good one that I’d like to see everyone understand because it is how you get true freedom in the world. 

Part of the reason that my answer might sound cliché is that the perpetrators of the fear want everyone to feel like such resistance is impossible, so they’ve stigmatized the obvious in the effort of mass social control.  But it’s all an illusion, mainly if you utilize the answer.  I don’t worry about cancel culture because the skills I have, precisely my best skill, is something that nobody gave me, so they can’t take it away.  Yet it’s something that the world wants desperately, and it always will.  Nobody at the World Economic Forum could ever stop people from enjoying what I can give them.  And that skill is that I make people around me better; I can continually improve their lives dramatically because I can read and utilize the fine art of subtly.  Most of the time, a problem, whatever it is, a psychological problem, a mechanical one, political, a narrative, a scientific one, have their answers concealed behind the subtlety of existence.  And if you can unlock that at will, you will find that you have a skill that people are always willing to pay for.  And they’ll pay for it in whatever currency they can give you.  This is one of the reasons that global forces want to control the money supply, so they can maintain how people get paid.  But there are many currencies out there, and you might say I am independently wealthy.  Not necessarily by physical money, but other currencies that matter much more, the kind of stuff that the IRS was never designed to measure.  And in that answer is the keys to freedom, which I have created in my life that nobody could ever take away, no matter how powerful they think they may be. 

That’s why I produce so much written content on this blog site for people for free.  I share my skill of reading subtlety because I can afford to.  Ultimately, I desire to make people better than they otherwise would be because I explain the real answers hidden behind subtlety for them.  I don’t personally get a lot out of the exchange, but I do like to see people live better lives, despite the forces that are trying to enslave them to the efforts of a liberal Administrative State and their communist intentions residing behind the entire endeavor.  For all the reasons that A.I. will never replace my particular writing style, because artificial intelligence will never be able to replace my ability to read subtlety in the world, there is no shortage of people behind the scenes who want what I have to offer, which is why I practically give it away for free.  I like to see people free, so I tell them how to be so.  But on all other matters, success in life, good relationships, an understanding of God and the afterlife, the mysteries of finance, history, psychology, legal practice, arts and entertainment, political philosophy, whatever the topic, there is always a hidden ingredient in subtlety that is just waiting to be discovered, which I see quickly, and can explain to people.  And for that reason, no matter the social conditions, there is always a long line at my door looking for my particular skill, which improves countless lives and always will.  I could have explained to the World Economic Forum the error of their ways three decades ago if they had listened, but they instead built their entire strategy on a false premise of production from day one, and they hoped to hide those flaws from themselves in subtlety, which they perpetually fear will be discovered, and exploited.  But of course, it’s too late for that. 

And that’s why I have never been cancel cultured and won’t be.  My life is not dependent on some loser to bring value to it or to decide that they’ll give me a job for which I should be eternally grateful.  I do many good things for many people that would otherwise be ruined by the mysteries of subtlety, where some of the worst people hide, hoping not to be exploited for the frauds they are.  But they fear most being discovered for the menace they present to the world, which makes it easy to conquer them, which I explain to countless people each week.  And to such an extent that I can afford to give away some of that good stuff for free to whoever wants to utilize it for their improvement.  I learned this skill of subtlety actually from an old samurai warrior in Japan many decades ago; it’s one of the nine ways of the samurai.  To understand the nature of all things as subtlety connects them.  And for access to that skill, my phone never stops ringing, and my email box is loaded with several hundred thousand messages on any given day.  And that will never go away.  There is no legal mechanism or a financial one that can stop it.  And I rather enjoy that leverage over the perpetrators of evil in the world and will continue to shower in the tears of my enemies because they fear subtlety and are haunted by it day and night.  And I’m not one to brag but to answer the question.  Why haven’t I been cancel cultured?  Well, I make people around me better.  The more people I’m around, the more improved they all will be.  And that is a skill that is most valued in the world by the needs of the human race.  Despite those who want to control those people for all kinds of malicious reasons but do not understand the subtle needs that people have, for which they will never have control.

 

Rich Hoffman

The Achilles Heel of The Administrative State: Why to Pick Trump over DeSantis

Political theater aside, there are very declarative reasons to pick President Trump over Ron DeSantis in the upcoming election in 2024. And people are on to it. It’s rooted in the audacious statement by Trump about his former White House Press Secretary, Kayleigh McEnany, when he called her out for not properly representing him on a Fox News segment, declaring her an asset of the globalists. It’s the Achilles Heel of the entire globalist movement and the politics of the Beltway, the thing they don’t want anybody ever to learn because they think we are all too dumb to see it. It’s the concept I talk about in my book, The Gunfighter’s Guide to Business, where the gunslinger walks into a saloon in the pouring rain and drinks with his back to a room full of killers. But nobody makes a move because their first priority is to measure if they can use the stranger to their advantage before any other consideration, and the gunfighter uses that knowledge to destroy them all before they even realize what’s happening. Every great executive understands the concept, which, naturally, Trump does with his experience in private enterprise. People like Kayleigh McEnany, or Ron DeSantis, and the Beltway supporters hope to keep it a secret, but they need people like Trump. Trump doesn’t need them. And that is the true terror that is exploiting globalism all over the world presently. And in order to suppress that reality, if they lose control over election fraud and the media, they will find themselves in a world where they are not in charge, which is becoming glaringly obvious. People have always known these things in the back of their minds, but the promise of the Administrative State, the core of our education system from the beginning, was that communism would enter into the decision-making process, and group consensus would rule the day. Leadership by individuals would be replaced by consensus building. Which, of course, has turned out to be a disaster. And Trump knows it and exploits it to his political advantage.

The Fox News support of Ron DeSantis then becomes much more apparent. As a news organization, they cover the horse race of politics and are not interested in the solutions of political debate. They like the problems of politics and never anticipate that answers will ever come. That is how their business model is, to talk about the game, not the actual results of the game played. Fox News is all about providing color commentary in the days and hours leading up to a game, to use a sports metaphor, but once that game is over, they move on to the next big game, the next horse race. For them, it’s all about revenue generation, just like the Beltway culture is. They want people like Ron DeSantis, who need donors’ money and want to control what kind of color commentary Fox News will be discussing. And for them, it’s all security for their origins for making money because it provides a stable environment politically for their business interests, which have thrived under the illusion that consensus building by the Administrative State would be the method of the future, which they invested in. The big difference between Ron DeSantis is that he’s essentially broke. Without money in his pocket, it’s like going to a gunfight without a gun. He’s young and doesn’t have very much money. He has to make money for many years in his life, so that makes him much easier to control than someone like Trump, who makes it clear that if anybody betrays him, he will drop them like a rock into the ocean and never look back. 

Without Trump’s independent wealth, we would not have questions about the actual validity of the Administrative State and its controllers, the Deep State, which are globalists involved in finance. They built a rigged system, and they have a layer of bureaucracy that protects them from the impact of negative results. And that rigged system would have stayed intact if an independent person like Trump had never made themselves known to politics. Trump cannot be controlled because he is independently wealthy. Ron DeSantis might talk like Trump, but he can never act like Trump.   Someone will always control him because he needs someone to give him money in some way or another. Ron DeSantis could never walk into a room with his back to it and have people not trying to take him out because the rules of consensus building were never going to protect people from each other’s ambitions. But the good executive knows the value of leadership and can afford to alienate those who are ineffective, disloyal, or malicious. They know a million Kayleigh McEnanys are out there, people looking for a chance that only Trump could give them. But there’s only one Trump. And that is the source of the panic that is moving through politics with the new global populism that is reshaping the world currently. The political system was built to put money in the pockets of donors, lawyers, and consultants, with the eventual outcome producing something of a horse race for the media like Fox News to talk about but never to resolve. Because if the problems were resolved, then there would be nothing new to talk about in the media. A solution-based society does not help the social parasites fake that their Administrative State is effective. Only that the goal is to raise money to spend on the horse race, and that is the reality of the Deep State as they have been trying to hide it. 

Ron DeSantis ultimately made the same dumb mistake that most people do these days; they felt they were never going to get anywhere in life unless they sucked up into the Administrative State. Even Kayleigh McEnany fell for the bait. And the reason is that they don’t understand how executive leadership works. They understand the sentiments of the press. They know how to say the right things. But they don’t understand how the right things are determined because they are not independently wealthy and free to live on their own terms. But Trump is, which is why he’s such a terrifying prospect to the efforts of an Administrative State to continue selling themselves as useless solutions to a world that expects results. Nobody in the Beltway of politics or the media that reports on it is worried about Ron DeSantis. Without a Trump to hide behind, he’s all talk and can quickly be controlled by the forces who have always controlled politics. And those protections are built into the rules of polite society, that you don’t call people names, that you put up with deception by not discussing the real problems. But the only solution to the real problems is through directness, and that only comes from the independence of social interactions, where you don’t need others to validate your existence. And Trump doesn’t. People want to be near him because they want something from him. As a top executive, he knows that and can use that leverage in all his relationships, which ultimately is the essence of leadership. Aligning people with self-interest is the actual method of success. Consensus building is meant to hide the lack of results behind making everyone else feel important when they clearly aren’t. And that is ultimately what the entire election of 2024 is all about. Which only President Trump is an option for the future. 

Rich Hoffman

Click to buy The Gunfighter’s Guide to Business

George Lang: The Morality of Money

I get asked often why I like George Lang, the Ohio senator for the 4th District, so much. I cover a lot of topics, and having so much respect for an establishment politician doesn’t often seem like they are elements that are conducive to each other. I think it’s the same kind of anxiety that is often witnessed when showing respect for Ayn Rand while still having great reverence for the religious right, the hard biblical conservatives. How can you serve the God of money and still serve God because we think of those things as opposed to one another? Yet, while Ayn Rand was an atheist, she was able in her work to cut through the true value of the measurement of money in a culture in very beneficial ways that are well represented in great American novels like Atlas Shrugged and The Fountainhead. And few people in the world understand the morality of money more than George Lang, not in serving it as a deity of its own, but as a measure of good human conduct. It’s a side of politics that not many people get to see, especially translated by a media culture that has no way to express such a topic to the public, because they don’t understand it themselves. However, an economic report coming out will show Ohio in a very favorable way. The time of improvement is when George Lang has been in Columbus as first a representative, then as a senator. I see his fingerprints all over the detailed findings showing the state of Ohio becoming quite an economic powerhouse. I’m not allowed to talk about it yet, not in detail. But I was quite impressed with it, and it points to some not-so-well-known attributes that come directly from George Lang’s Business First Caucus, where he has stayed very focused, along with a handful of other politicians in Columbus. And that is very unique among any political class because if they don’t understand the “morality of money,” they quickly become the detriments often talked about in the Bible who lose their way and get distracted by every shiny thing. And by walking that tightrope, George Lang has done some extraordinary things as a senator that is making Ohio much better off than the federal government as a whole that is suffering significant hardships under Joe Biden and the other looters of the Beltway culture. 

You may have to turn up the volume, but this room paid great reverence to Senator Lang, which was well deserved.

A few things happened recently, I was in a meeting with a bunch of people from Columbus who expressed themselves with great respect to George Lang, and they wondered if the people of Southern Ohio knew how good he was behind the scenes when people weren’t looking. Of course, the answer is yes; most people do know. And I was also recently up in Columbus at the Statehouse talking to many people, and the running joke about “Georgie” is that he doesn’t want to talk about anything but a business-first agenda for Ohio. And it wasn’t a derogatory reference, but one of respect for being able to go to Columbus and, with all the pressure from various factions, to stay focused on the real measure of success for any state or federal government, and that is its financial health. Without financial health, society really can’t be moral. People can function morally independently. But society can’t function without revenue and healthy businesses to provide jobs for people; a society really can’t function without wealth. I’ve known George for many years, well before he was going to Columbus as a politician. I remember him well as a trustee in West Chester, Ohio, where the business first policies were well laid as a foundation for the greatness that is seen there today. George Lang has always had the idea of getting the government out of the way of the creative output that makes businesses happen, and that has translated to tremendous growth wherever his attention has been applied. And now, as a Senator for the 4th District, his influence has been rubbing off on other politicians very favorably, even into the Governor’s office. I have seen up close and personal that Governor DeWine and his Lt. Governor Jon Husted have significantly benefited from George Lang’s focus on business first and supporting infrastructure as an administration that has made business much more of a priority than it has been previously. 

Usually, when we talk about business, politics, and money, the first thing that pops into our minds is corruption. You can’t serve the two gods, God, and money, equally. That is the way that we have been taught incorrectly as a civilization. By doing good things, by having the means to work and be productive, the measure of morality is often in money. Good people tend to find that money is a direct measure of their personal morality. The many socialists who have been trying to infect American culture for more than a century now will apply that money is the root of all evil and that only collective wealth redistribution can establish morality. But actually, the opposite is true. Money directly measures moral conduct when it represents productivity, innovation, and strength of character. When money is corrupted, it comes from those most lazy who seek to align the power of government to get as much of it as possible without having to do work. So the government is used as a wealth extractor to redistribute wealth to the unearned. Behind most bad economic reports in state and federal governments all over the world, this is how corruption occurs. 

Yet, when government is applied to remove the barriers to morality toward the creation of businesses in which families can build lives around as job creators, then great things happen, and the morality of that good conduct directly translates into the health of a state government. I’ve seen George Lang perform in very good ways morally under tremendous pressure without ever compromising himself in the process, and that’s not easy to do in such a high political position. It would be very easy to stumble a toe under such pressure, but George Lang handles it always with great care and grace because he understands those basic Ayn Rand rules of money as a measure of morality. Rather than empowering those who would do anything to get it without the productivity that makes it, George empowers the kind of Adam Smith economic value that should be at the heart of every economic policy throughout the world. This is why the rest of the country is currently struggling and will continue to do so as long as Democrats continue to pervert the relationship between business and government. But Ohio is making a dramatic turnaround economically into something that is very respectful and is on its way to becoming one of the best states to live in America, which is saying something. George Lang has been in Columbus long enough to have rubbed off on the culture there, and they reflect his eternal optimism and industrious spirit. So, when people wonder why I love George Lang so much, it’s for all these reasons and more. He is the real deal, and he understands the morality of money and the need for the goodness that is represented by wealth creation. And for the very few who truly understand that unique ratio, the world is always a better place. 

Rich Hoffman

Click to buy The Gunfighter’s Guide to Business

Losing in Blackjack: What the Silicone Valley Bank failure means to our economy

The failure of the Silicon Valley Bank is just the start of something much worse that is about to happen in America, and nobody can say they weren’t warned. It’s much worse than just banking management that are entangled in risky practices, but these are the effects of a Cloward and Piven attack strategy that has been in play for some time and is at the heart of ESG measurements. When a bank like Silicone Valley Bank lends money to a lot of business startups based on sex, skin color, orientation, nationality, and minority status, then those businesses fail, then obviously, the money will have been wasted. Nobody pushing ESG, including in the stock market, ever figured out how monetary value would be replaced by social scores because there is no value in sentiment. Only in actionable behavior are the efforts of productivity measurable. In that regard, Silicone Valley Bank is not the first, nor will it be the last. But it will be one of a series of failures based on the toxic ESG values that have been pushed on the finance world for several years now, and the results are in these monstrosities of sentiment resulting in horrendous results. The scam was never going to work, and if this is the best that a college-educated society can produce, then nobody should have dared to crawl out of the stone age. Because what’s the point? It’s not a mystery as to the cause, as many are now considering runs on the banks to gather up their wealth before it all disappears. Just remember before you do that this is a similar situation as we saw with Covid, a purposeful attack on the American infrastructure to bring down the economy of America by hostile foreign characters, and this failure was a planned occurrence. Not an accident. 

The ultimate game was to collapse the stability of the dollar and then prop up that value with government bailouts, which is precisely what Janet Yellen of the Biden administration is proposing to do. Why do you think the former head of the Federal Reserve has been so active in World Economic Forum activities and even a figure involved in Ukraine? Why are these people making secret trips to Ukraine in their positions, Janet Yellen, Merrick Garland, and those with no jobs related to anything in Ukraine? Anybody with the haircut of Janet Yellen coming back from Ukraine and asking for more financial aid to that strange country and its politics is just as dumb as the person who wants a haircut as she has. Who could think that a haircut like she has is a good idea by choice? Yet such an assumption is just as foolish as trusting her with any financial advice. She did during her role as head of the Federal Reserve as they all do; they ran the Fed recklessly and as a big government stooge printing money with quantitative easing that effectively wrecked the economy. It started before the collapse of 2008 when bad loans to the housing market crushed the industry. At that point, a unique relationship with Larry Fink, who would go on to make BlackRock one of the most influential companies in the world, would buy up that bad debt, and the Fed would print fake money and flow it into Wall Street, with an arrangement to Fink, and they would buy up the assets and use all the funny money to take control of the boards of many corporations, to impose these ESG scores on them and change the value for which they operated. Gone were the profit and loss statements of tradition, but now it was all about how many gay activists were in management, how many minorities, and whether men could suddenly have babies and would have to go on maternity leave. With such values, what did anybody think would happen?

The way these banks have been lending has been like the gambling addict at a casino late into the morning from a crazy night of drinking and whoring around mindlessly, playing Blackjack. Who in their right mind would bet all their money through every round, thinking they would hit 21? Hitting 21 in Blackjack, of course, is the ultimate goal. For finance, it would be like loaning money to the next Google startup company and having them all become gloriously successful every time. But unfortunately, in reality, there are not many Googles out there, and in Blackjack, hitting 21 is an extreme anomaly. Usually, you can get close with a 17-20, but you rarely hit 21 without going over. An aggressive player trying to impress someone from the opposite sex will constantly hit over 21, and they will lose all their money rather quickly. This has essentially been the strategy of this new ESG market. But I would not say it has been stupid, just as the dealer in Blackjack always has the ability to play the game after all the other players have played their hands. The House statistically wins the most often, and in this banking game, the House is the Federal Reserve. And they are not loyal to the American economy.

In conjunction with the government, the Fed has allowed people to conduct their lives with risky behavior so that they will become trapped and need the government to bail them out. Then once that happens, people will give up their independence from the government to get out of the mess they put themselves in. Like the Blackjack player who spends their life savings betting on 21 at the table only to find out that they have lost all their money, but they still want to play, they borrow money from the House to continue playing. But the House can print their own money, so it’s no skin off their back. Meanwhile, the gambler just keeps getting deeper and deeper in the hole until they lose their personal independence for the rest of their lives because they are so far in debt. And that is the military strategy against the American market, which was purposeful. It was designed to destroy value and replace it with sentiment. The banks, hoping always to hit 21 just like any mindless gambler might, bet on all the wrong risks based on all the wrong values, and of course, they have lost far more than they’ve won, leading to these banks collapsing.

Meanwhile, for those who have lost their life savings, the Fed, with indirect means of supplying money, is just printing money and giving it out like candy. And people will take it because they don’t want to face the destructive facts. In such a desperate state, they will continue to support an all-powerful government because only such a government can back the money they have printed to stay in power. And in this way, Republicans and Democrats find themselves united at the Blackjack table, hoping to hit always 21 in desperation because it’s the only option they have as a result of ESG values that have changed finance into such a devastating industry run by thieves down on their luck and trying to hide it with quantitative easing. And after years of such behavior, we only see the beginning of such failure.   The government gains power, while the individuals lose their freedom and become slaves to those they are perpetually in debt.  

Rich Hoffman

Click to buy The Gunfighter’s Guide to Business

Elon Musk Voting for Republicans: There is no way an intelligent person can support Democrats for anything

The sudden shock of Elon Musk saying that he is now a Republican or that he’ll vote Republican in the upcoming midterms is not a surprise. Actually, as a guy now in his 50s, he’s right on course for where many people arrive during their lives if they have reasonable intelligence. You really can’t be an intelligent person and be a Democrat. It’s impossible to reconcile intelligence with liberalism. Liberalism is a feeling not founded in logic, so anybody who has some level of intelligence will eventually figure out that liberal ideas are ridiculously stupid. Elon Musk has tried to make liberal ideas work. He was successful young and enjoyed the company of idealistic young people. He even smoked pot on the Joe Rogan podcast. But he has never been good with the Biden administration. Biden wants electric cars with massive government infrastructure. Musk has built several companies that are very independent of government influence, even if he did take government subsidies to start those companies. Ultimately, Musk has learned a hard lesson in life that the government wants to run private industry and their means to do that is always through labor unions under the protection of the Department of Labor. So the Biden administration has targeted Tesla with its wrath to protect their own investment into Ford and General Motors, hoping to use high gas prices to drive consumers to buy those dumb electric cars, the fancy golf carts. Tesla was the first, but the government wants them and Elon Musk out of the way because Musk won’t allow unions to run his shops, and a hard lesson has been learned that has caused the billionaire to look to Republicans for sanity.

This path that Musk is on, a gradual conversion over to Republican thought, isn’t new. Ronald Reagan went on a similar track. So did Donald Trump. There are lots of people who used to be Democrats who get to their 40s and 50s and life and realize that Democrats are takers, looters, and every kind of parasite that you can imagine. And they grow up and away from liberalism and become more conservative as they get older. Musk has been saying that he has stayed the same but that the political spectrum has moved radically to the left, which is true to a certain extent. The political left we see today is what I have been saying for decades was always beneath the surface.

But additionally, there comes a time when you realize that doing business with Democrats is impossible unless you give over everything you own to their view of collectivism. With Musk doing so well with Tesla and SpaceX, it’s clear that he will not be able to control those companies and still continue to vote as a Democrat. The illusion that Democrats are anything but professional looters in the world comes to anybody who lives long enough to reconcile reality. You hear a lot of Democrats who become Republicans. But you don’t see a lot of Republicans turning into Democrats. When you look at an electoral map of America, there aren’t many Democrat blue areas. There are massive groups of dependents made that way due to Democrat socialism, but people generally don’t choose to penalize themselves with liberal ideas. That is another reason why Democrats are always looking for young people and illegal immigrants to keep their political base intact. Democrats need people without much life experience or understanding of the American way of life to buy into their collectivist political philosophies because they lose many of their members to Republicans, especially later in life. For Democrats, the political game is just smoke and mirrors. 

Musk’s journey was inevitable. Traditional conservatives may not want to let Musk have a seat at the table due to his beliefs in transhumanism and non-Biblical thoughts. But in the world of ideas, all conservatives have some basic concepts in common, the understanding that government doesn’t make jobs. It simply loots off what others do create. For Musk, there is no way to go to Mars and have a human race that moves into space to live. No socialist community on Mars will be successful, so when you look at things like that, the only way to fulfill Elon Musk’s dreams of going to space and living on Mars is to embrace capitalism aggressively because there is no other way to start a prosperous society or to maintain it without capitalism. All the variations of Karl Marx’s philosophy were always rooted in failure, which is to say all of the modern Democrat party and anybody in the world who calls themselves a progressive. Many people go to college and learn a liberal education. They do all the dumb liberal stuff like party too much and listen to all the wrong kinds of music. They try to dedicate their lives to altruism. But once those people start having families and those families grow up, it becomes quite apparent to most intelligent people that Democrats are the wrong way to go, and they gradually turn into Republicans. I would go so far as to say that you cannot call yourself smart and not be a Republican. It’s not a matter of team politics; it’s simple logic. A person’s journey along a political spectrum is driven by what works in the world and what doesn’t. 

The contrasts between a Trump presidency and now the Biden mess will produce many more Elon Musk types who used to walk the fence between liberals and conservatives. I never liked the murky middle because it allows the looters of the world to hide among the good and hard working. Liberals are like the water boy on a football team that wins the Super Bowl. They get to be part of a winning team without doing much work at actually producing a win. Liberals suck the life out of everything they do, and when you build great companies like Elon Musk has, who are doing great things in the world, the problem moves from cosmetic lip service to liberalism to downright hatred.   Especially when you are the first to actually make electric cars to make all the environmental climate change fanatics happy, only to be shoved out of the market because the local labor union isn’t running the management of your company, once you realize how the game is played and what Democrats actually stand for, there is no way a reasonable person could call themselves one. I watched Donald Trump go through the same basic trajectory in his life. When he was doing The Apprentice for NBC, he was much like Musk, playing on the liberal side of things. But Trump married a conservative woman who pulled him in the right direction, and over time, during his marriage, he had no choice but to move toward the Republican Party. Many people were like Trump and Musk; they might be fiscally conservative but socially liberal. However, life has a way of demanding that fiscal and social policy must be aligned; there is no way to cheat the system. You can’t behave like a liberal at a dinner party and still run great companies, or a great country, or even raise a good family. You have to be conservative to do things well in life, which means that those who want to do well must become Republicans. Elon Musk is a smart guy and, late in life, has figured out the obvious. So it’s no miracle that he’s planning to vote Republican. And behind him are a whole lot of other people too, who have come to the same conclusions. They always do.   

Rich Hoffman

Click to buy The Gunfighter’s Guide to Business

Trickle Down Economics is the Only Kind: Joe Biden’s ignorant speech to the Chicago Electrical Union

It’s not just embarrassing to hear Joe Biden ramble on as an illegitimately inserted president by forces outside of the United States who needed him to undo the American constitution for their desires of social erosion. Still, the speech he gave to the International Brotherhood of Electrical Workers in Chicago was a monstrosity of ignorance that would have been hilarious if he wasn’t so serious. Of course, the subject was an old one. The political left’s hatred of the concept of “trickle down economics” and their socialist view of a middle-class where all prosperity is created and distributed from the middle out was on full display. Biden will cite 50 ivy league economists, but they would all be wrong because they all studied the same stupid stuff. Every economist who studied Marxist concepts in college, which almost every college teaches, and the evolution of Keynesian economics, which is all the rage in London and Paris, all miss the mark. This is a concept that about everyone in the world so grossly misunderstands; it is the primary reason that I wrote my book, The Gunfighter’s Guide to Business, to resolve the matter from the original mistake, Karl Marx. Everything economically based is created by risk and then distributed to those less prone to risk. Without a risk-taker to start the process of economic birth, there is nothing for anybody to do. Therefore, trickle-down economics is the only kind of economics. 

The most successful societies are those that create the opportunities for risk takers to take more risks. In a society that penalizes risk-taking, there will be more economic stagnation. Government, by its nature, is all about safety and collective sharing of responsibility. So government is the worst contributor to risk, and therefore any economic activity attempted by government is destined to fail. In the United States, government gives the illusion of success because it steals from the productive, the risk-takers. But without the risk-takers to conduct the original economic activity, there is nothing for government to steal. They quickly find themselves rotting away in the case of the labor unions that Joe Biden loves to pander to. Labor unions are all creations of Karl Marx. Looking back through history, the labor movement sold unions to the public as a patriotic endeavor which many people wanted to believe. But in the game of globalism, it was a way to slide socialism under the door of American industry to get a foothold for the fundamental aims of stealing capitalism’s creations and redistributing them around the world. Just visit any town in America, and you will see the effect that unions had on their industry. Union wages and inflexibility against management made it too difficult to operate those companies, so they moved overseas. Couple that with government regulations, and most of those companies found it much easier to move to Mexico or China to do business, and this was all by design, led by the members of Socialist International and the modern-day version of The World Economic Forum, the people I call the Desecrators of Davos. It was a con game from the start, going back to the late 1880s, and it has been bleeding America dry over the entire last century in every industry. It took 40 or 50 years to see the erosive effects in some cases. Still, it destroyed industrial productivity in all cases and forced them to take the path of least resistance to countries that did not have unionized workforces. 

Of course, the leftist lunatics like Joe Biden and his kind of people will call the companies selfish for leaving. Companies have been running from intrusive looting governments all their lives, including now. Only recently have they learned that there is no escape. Now it’s ESG scores behind financing that is sucking the life out of them, and no matter how much they play along, they can’t escape the robbery of the political left, even in China these days. This is why there are all indications of a global recession because all those Keynesian economists from the prestigious economic schools worldwide are all advising them to follow Karl Marx to the same dead ends. They have penalized risk-taking, and therefore, economic activity has been dramatically diminished. If the fun and profit are removed from risk-taking endeavors, economic activity will be greatly diminished, and it is this trend that the entire world has missed entirely.   Without risk-taking, economic activity of any kind is significantly reduced, if it’s even present at all, but for sheer necessity, fulfilling the basics of building, creating food, and fulfilling the basic necessities. But when there is wealth to be made, and profit is the measure, then all kinds of great things happen. We see improvements in art and entertainment, science, industry, and luxury items because behind it all is some risk-taker who wants to go for a big win and have a nice car or a nice spouse and live a good life of excess enjoyment. Marxists hate those excesses, but that is why their entire economic platform was flawed from the start, as was everyone who followed. 

America emerged as the powerhouse it became, and still is, even with the intrusive government that has evolved over time because it embraced risk-taking in economies which has endured the social looting by the Marxist minds. Even with the plan by the labor unions to redistribute the wealth created in America to other places around the world, risk-taking was still at the heart of all economic activity. Thus, the GDP still remained high despite the tight controls of modern politics. So long as Americans were willing to swing for the fences, the economy would continue to thrive. But it could be even better than that if more risk-takers were encouraged to enter the marketplace. Currently, our education system does not produce such people; they happen by cultural accident. We don’t consciously seek to remove barriers to risk-taking; we do the opposite. But as a formula, the ratio of risk-taking that is promoted in any culture, the more options for economic activity there will be for all to enjoy. That wealth creation will then trickle down to the kinds of people who just want a job without the risk of making one. Of course, in his speech to the union workers, Joe Biden was missing all those elements. He didn’t understand the basic foundations of economic thought, which most everyone else misses as well, that risk and rewards are the first priorities of monetary creation. And the more risk-takers there are, the more chances there are to win at life, and the trickle-down effect of those victories provides jobs to people. Governments work best when they create opportunities for risk-taking. They work worst when they set themselves up to loot off the efforts of the bold and the innovative, then try to disguise the theft as an altruistic sacrifice to a “greater good.” Karl Marx was a perpetually lazy man, as were his followers.   He worked really hard to justify his lazy nature, and his family suffered greatly because he wouldn’t work; and instead spent his time in the British Museum studying new economic theories to justify the existence of lazy people like him. And now, a few centuries later, dumb people who were taught all the wrong things, like Joe Biden is, are trying to disguise their nature by criticizing “trickle down economic theory.” Well, it’s not a theory, it’s the rules of the universe, and those who deny such things, are the perpetrators of great evil in the world and societies of misery that cascade off their stupidity in abundance and destroy everything they touch. This is why there are economic struggles under the Biden administration, to begin with. Too much government, too little encouragement of risk-takers, and too much looting of any wealth that is made from ambition and adventure.

Rich Hoffman

Click to buy The Gunfighter’s Guide to Business

The Four Enemies of America: Happiness is always the key to destroying “elite capture”

Even with all the scary stuff going on in the world, I see it mainly as a good thing. It’s good to see where all the bad guys are and understand their motivations. One thing that can be said about modern society as opposed to previous cultures is that this is the first time in all of human history where we can get around the world in under a day and speak to each other in real-time. So naturally, with that comes significant problems since most of the world does not have a lifestyle like Americans do, which has the goal of the day to pursue happiness. For instance, there is no word in the Russian language for “fun.” While Americans wake up and work hard every day to pursue fun, most of the rest of the world, from London to Singapore, are worried about just getting food. Happiness is not the daily goal of most of the world, and that becomes obvious as you travel to even the most far-flung reaches airplanes can reach. And that world now suddenly thrown together through technology to deal with each other every day, without oceans to separate them are looking jealously at America and either wanting to be more like it, or for those who crave power, to destroy it so to preserve their ability to stay in power and to play the chess game by the rules of yesterday. In the past, military strength defined this ability; today, it’s the administrative state, the Dr. Fauci types who want to rule the world not with tanks and weapons, but rules and regulations.

There are essentially four primary factions worldwide targeting America for demise to protect their aims for power traditionally defined. The concept of self-rule by a happy society that ignores the world’s rules does not make the administrative state types happy. They continue to believe, and we are seeing it presently, that elite capture will destroy America because they don’t understand Americans. To the world, they learned these games through activities like chess, where specific rules defined military warfare. Once you captured the king in the game, it was a checkmate, game over. Whoever does so wins the game. They don’t understand about this game with America because they have no reverence for a king, that the pawns, the knights, and bishops run around independently and keep playing long after the king has been captured. Americans don’t have any genuine regard for authority, so society will move on as a culture if the king is captured. We’ll find someone else to deal with the administrative state so we can continue to enjoy March Madness, Super Bowls, Baseball, and apple pie. So the strategy of capturing through bribes, extortion, or philosophic motivation senators like Mitch McConnell or presidents like Joe Biden has no impact on everyday Americans. They are not looking for leadership. They just expect politicians to keep unhappiness out of their daily lives. And when happiness is disrupted, that’s when Americans get mad and start grabbing for guns or talking about it anyway. 

Those four factions in the world presently who are attempting this elite capture strategy are, of course, the Chinese who think about destroying America every hour of every day of the week. They plan to restore the power and respect of the past to Chinese society, and they can’t do that until America is gone. So they will never amicably work with America unless the aims of the interaction serve their purposes for war. Russia is much in the same mind as China. Vladimir Putin thinks every day and every hour of those days of ways to destroy America. In Russia, they have no other hobbies. They assert national respect as their highest aim, and they are happy to be miserable to do it. Privation to them is an honor. They are not looking for a happy life as we define it in America. They just want to win at all costs.

Then there are the Desecrators of Davos people from the World Economic Forum. They are the old Socialist International people. They plan to rule the world without a country using the United Nations as their bureaucratic arm. They aim to make America, Saudi Arabia, Russia, Europe, China, everyone dance to their tune through finance. Then, of course, the fourth group, the Aristocracy of Money, the monied class funded with an unholy government relationship directly with Wall Street. This was the very danger that Thomas Jefferson warned Alexander Hamilton about, and for which President Jackson had to fight off the federal central bank run by Nicholas Biddle. It’s far worse now than it was in Jackson’s day, and they very much think they run everything in the world through manipulative finance printed with quantitative easing. 

All those factions think they are playing chess against each other with the fate of America as the prize at the end of the game. They all believe they will beat each other to that treasure. But what they don’t understand is that Americans will never go along with it. Sure, some like the mask-wearing liberals out there who were so easily suckered by Dr. Doom’s Covid nonsense from the perspective of a global administrative state will do whatever the winners of the game want. But there are way too many people who just will never follow the rules of any of those global powers. Mankind spent thousands of years getting away from those chess-playing fanatics. Technology doesn’t take away the original intent of escape from oppression. People aren’t suddenly going to fall under the direction of whatever culture of those four wins the game for dominion of the world.

Rather, even thinking in such ways is very infantile and lacks the perspective of what human beings really think. America is an evolution of the human state of consciousness, not a conquerable option. And that’s what all the bad guys in the world are missing. America is great despite its “elite” representatives. If the bad guys happen to capture our administrative officials like in chess, there isn’t a checkmate; game over. The game continues because the pawns aren’t playing by those rules. There is no defined victory for the players because the people affected aren’t thinking along those lines. They don’t do what a leader tells them to. In America, we put leaders in place to pursue other happy thoughts. And if that life is taken from us, well, then that’s where things get bad. That’s when Americans start storming capitols and driving trucks around Washington D.C., making things uncomfortable for corrupt politicians who have sold them out. So long as there are happy things in the world, the administrative state can exist so long as ordinary people don’t waste their time on those activities. But in America, the goal is happiness, and that expectation evolved over thousands of years. And there is no putting it back in the bottle now. Just as Russians have no word for “fun,” Americans can’t understand the purpose of life without the pursuit of happiness being at the center of everything. They don’t live to serve a master. They live to pursue happiness. And there is no force in the world anywhere that will change that, much to the frustration of the enemies of America.

Rich Hoffman

Click to buy The Gunfighter’s Guide to Business

The Desecrators of Davos: Vivek Ramaswamy has a plan, and we should listen

One thing that Americans underestimate is just how much people worldwide hate them. They hate them for their concept of “individualism,” which contradicts everything they have been taught, from infants to an elderly state. The idea of individualism is specifically an American idea born under the umbrella of freedom. Most people worldwide do not have that luxury, so they resort to what they know and understand, their placement in the pecking order of existence based on the authority figure of their culture. Americans have a constitution that empowers the individual against government controls, and almost every home from sea to shining sea has a firearm or several in it. We really don’t need a standing army because every home is its own military. So, we tend to have a live and let live policy when it comes to the world. Yet, that world plots and schemes endlessly to take us down by whatever means possible, and they spend time thinking about these things 24 hours a day, seven days a week, forever. They never sleep or stop thinking about it. This is undoubtedly true of Vladimir Putin of Russia. It is very much true when it comes to Xi Jinping of China. Pick your authoritarian ruler anywhere in the world; they are thinking about bringing down America. 

Yet, no group of dictators is more of a threat than what I call the Desecrators of Davos, the members of the World Economic Forum who have hidden quietly in Switzerland and other European countries and intend to rule the world from beyond the rules of governments. They are much more dangerous than Putin or Xi. They control the money and policies to which those authority figures react to. And they have their eyes on America and have for a long time. They have plotted and schemed behind the scenes, ignoring our laws destroying our financial system all within the context of a smile on their faces looking like a bunch of progressive radicals who love socialism and communism across the ocean. But in reality, they have embedded themselves into our political system through finance and are now deploying their long-established plans. When I said that Ukraine and Russia were not the threat we should be paying attention to, I mean that the Desecrators of Davos are much more dangerous. Much more dangerous, and the plot they have revealed to the world, in their own words over the last few years, is much more sinister than anything they are showing us on the nightly news.

In many cases, the corporate networks are in on it because the Desecrators of Davos own their flow of finance. So the employees of those networks will do anything they say, whether they believe it or not. And it is there that we must turn our gaze to defend America from its enemies. 

In many ways, the political left in America is a creation of many years of ruthless dictators shaping policy through a complicated spy network during most of the 20th century. They created a European desire to spread Marxism to every corner of the world. They show themselves in America through the Democrat Party and the RINOs from the Republican side who aren’t very deep thinking and have a higher value in getting along than in standing up for the idea of America, at all costs from enemies both foreign and domestic. I have been thinking about this problem for a long time. Looking behind the curtain at what they don’t want you to look at, and there it is clear what they have been up to. I don’t dislike Wall Street in any way. I don’t think we should end the Fed. But through the actions of the World Economic Forum, penetrations of the political left into all aspects of culture and using the stolen money of the Federal Reserve created through bad policy of quantitative easing, which was then given to people like Larry Fink at BlackRock to buy up American companies with stock buys created by the asset bubble that the Fed created out of thin air, now we can all see the method of attack into America. 

I was headed in this direction before Vivek Ramaswamy wrote his now-famous book on the matter Woke, Inc., and the excellent work he has done at CPAC 2022 puts it all on the table. I have run into Vivek several times over the last year and listened to his pitch in person at the Republican Headquarters in Middletown, Ohio, in May of 2021, and I found his argument compelling. Then he gave a great interview to The Epoch Times at CPAC, and compared to the work I had been doing; it was quite clear that the Desecrators of Davos is the threat we all need to look at to protect America from its latest barrage of enemies. Ramaswamy has a plan, and we need to get behind it and not get distracted by the other events of the world. Specifically, Ukraine. Remember, Kamala Harris went to Europe two days before Russia invaded Ukraine and pushed to make Ukraine a member of NATO, which everyone in intelligence knows is the biggest hot button issue of concern for Vladimir Putin. It’s like knowing that throwing gas on fire will have an explosive effect. The Biden administration, working directly with the members of The World Economic Forum, provoked war between Russia and Ukraine to divert the world’s attention from their genuine desire, controlling all fossil fuels to satisfy their insanely ridiculous plot to make climate change the primary issue in global politics, which they would then control through finance into the world’s biggest companies. 

I understood what Vivek was saying as an insider from Wall Street who had done very well for himself. But he was at a point, much like Donald Trump, where he wanted to give back and do something good. But in practice, we all saw just how manipulative the Desecrators of Davos were when we saw the compliance approach from government mandate to individual companies all over America, with the vaccine mandates. They were eventually found to be unconstitutional, but in September of 2021, nobody really knew how to react, and companies went straight into compliance mode without questioning the politics. It was dangerous, but it did reveal the plot to destroy America coming from the Desecrators of Davos rather than from China or Russia. Who was telling the Biden administration what to do with the vaccines? Was it just pharmaceutical companies looking for a stable government check? Or was it something else? Well, all roads point to the doorstep of the Desecrators of Davos. They are desecrators because they have been funding the destruction of America from the inside out, using our own money and wealth to perform the task. And they think it’s funny. They are cheerful about it, which was evident while watching Davos’s last year’s coverage. As I read Klaus Schwab’s books, listened to him speak, and observed Larry Fink’s behavior of BlackRock, who sits on the board at The World Economic Forum, the threat to America was quite clear. And as I listened carefully, and personally one on one with an insider like Vivek Ramaswamy, it has all become evident. But more than anything was the understanding of what the Fed has been doing to help, as revealed in the excellent book The Lords of Easy Money. A Fed populated with bank presidents who have been suckered into the climate change religion, would they support the strategy of Klaus Schwab and the gang in Davos? You bet they would, and they have.

By the way, Vivek Ramaswamy has a new book coming out this year, (2022) and I think it will be a great one! I’ll be the first one to get it!

Rich Hoffman

Click to buy The Gunfighter’s Guide to Business

I Love Corruption: Knowing the nature of people is worth more than the wealth of the measure

Corruption is Good if you Capture Human Behavior

Personally, I love corruption. There is a chapter in my book, The Gunfighter’s Guide to Business, called “Money is Not the Root of All Evil, It Reveals It,” that deals specifically with this unique way of looking at the world. Corruption is caused by the insecurity of a person, or a group of people, in their ability to produce. A person lacking corruption and is confident in their ability to produce will not seek shortcuts to success because they understand that the opportunities for which money is generated are always available to them. Whereas the cheaters trying to scam their way through each day feel they will only get a few open doors to financial opportunities in their lives, and they will bend their ethics to step through those open doors. Now all too often, those open doors are traps set by other people for the opportunity to take whatever value someone else has, and the whole game can seem very treacherous and bloodthirsty. But the value is in the money, which then reveals the content of the game’s characters. Once you can see and measure what people will do for money, you can then know everything you need to know about them and turn their efforts toward the success you want to see happening. Corruption shows what kind of people are playing the game, and knowing who is corrupt and who is not is very useful in playing the great games of value. There is a lot of evil in the world that would not be seen if we did not have the value of money to measure it and witness what people will do to get their hands on it.

I tend to view many things in life from the perspective of Poker. The religions of the world have tried for centuries to figure out the motives of mankind and to contain ambition behind otherworldly rules of conduct that, like Santa Claus, might get you into Heaven if you are a good little boy and girl. When religion doesn’t work, we turn to governments to regulate behavior, and the fear of being put in jail might keep us all honest and trustworthy in our interactions with each other. But what these methods essentially only do is to push corrupt behavior deep down and out of sight. It essentially makes all of society like a Thanksgiving Dinner with a family that doesn’t really like each other; when we pass the corn, it’s always very civil and polite. While behind everyone’s backs, there is always plotting and scheming going on. But at the table everyone is polite. That is what we generally have in society and why we are so shocked when we discover that corruption has been happening. Like how shocked many are to learn that Dr. Fauci has been a corrupt administrator in government health for most of his career. He can hide his corruption behind the façade of social rules and conduct. But when we study what he is willing to do for money, or how money moved from government to government employees as him acting as the broker for funding, the need for power is instantly recognizable, and that behavior tells us a lot about the people we are dealing with. The measurement of money reveals a lot about the people trying to possess it. The most corrupt people are the most insecure about how the value of money is generated. People least corrupt understand that money is produced from the value of production. But those naturally lazy and not wanting to produce in life will have all kinds of insecurities about their ability to acquire money and will jump easily at every opportunity to become corrupt to get it because they don’t think many such opportunities will come their way in their lives.

It really comes down to the question of what we want to know about people and if we want to really know it. Governments would like to believe that human behavior can be controlled through fear, such as fearing the law, fearing the power of government, or fearing the opinions of others. Religions believe that good conduct can be controlled in society by fearing what might happen to you in the afterlife. And if only you might listen to them, then maybe you might have everlasting life. Instead, to my eyes, a good poker game tells you everything you need to know about people, and a good player can control what everyone at the table is doing and thinking based on how big the pot gets. Poker is a uniquely American game that is born out of pure capitalism, and it’s actually much more moral than we have been led to believe by the same forces who today want us all to fall into centrally controlled socialism. Playing Poker reveals a lot about the characters playing the game to acquire the total sum of the pot bet between game rounds. The good and honest player will be willing to toss away a bad hand and play again in the next round. The corrupt player will try to cheat and stuff cards up their sleeve to pull out when the pots are significant because they fear they might miss such an opportunity if they don’t cheat in some way to make the conditions of the game more favorable to them. To my eyes, knowing such information about people is much more valuable than in the value of the money itself. Money is just a measurement of value. But what people will do to have it is far more critical. 

So it is in that way I see corruption as a good thing to see because it tells you who you are dealing with. The rules of society might make the preacher look like a bastion of Heavenly summation. But when alone with children of the congregation, they might be abusing them all in the name of God. Or the politician might seek legislation to provide good conduct in social interaction while they are taking money from a donor to do something voters don’t want. But the temptation of money makes it hard to turn away from. The social face may look like an outstanding citizen, complete with power dress and nice shoes. But what goes on in the politician’s mind is another matter, will they take shortcuts to get the money, or will they hold true to constitutional principles? Are they worried that they only have a few chances in life to make wealth for themselves, or is every day an opportunity to hit the jackpot and they play the game for the joy of it, knowing they will have plenty of chances for success because of their character? These are the fundamental ways to understand social behavior, and yes, corruption is just one more measurement of a thriving culture. If we have a society with a lot of corruption in it, we obviously need to change something to inspire different behavior. But we can’t delude ourselves into believing that the rules of mankind might encourage good behavior. Instead, we must understand that we must first see it with some kind of measurement and act on that knowledge. Pretending that corruption isn’t happening because we refuse to measure it is not a way to solve problems. Half the battle is in knowing, and when we have money to measure corruption, we can then see a lot that is true about the health of our society, which I find extremely valuable.   

Rich Hoffman

Click to buy The Gunfighter’s Guide to Business

Ray Dalio Misses the Point: Wealth is created by risk-takers, not a compliant society

The Looted Wealth of China

I enjoy all books.  I like books much better than people in general, even though people write books.  I figure that if someone works hard enough to write a book, they have thought their thoughts through enough to have some respectful consideration.  But I don’t like small talk and just yacking with people over nothing.  If a conversation is not the most epic philosophical consideration in the history of mankind, then I don’t have a lot of use for it.  So instead of wasting time with lots of people talking about nothing, I spend my time reading books, even by people I disagree with, such as Ray Dalio.  He has a new book out, which I pay attention to because I have enjoyed his other works. I’m afraid I have to disagree with Ray Dalio on much, especially this latest offering.  Ray has a lot of problems, he’s a globalist, and he has bet against America with his many billions of dollars, and things aren’t going to work out for him like he thought they were.  I think you’ll find me disassembling this globalist view of the world more and more because, in this global war for which we are all a part, I see the tides changing in favor of an America First agenda.  I just received my membership card to the America First Policy Institute on the same day that I received my monthly magazine for the NRA, and it was a good day for me.  I see great catastrophe for Ray Dalio and his fellow globalist billionaires from where I view the world.  That doesn’t mean I hate Ray.  I actually like him, but just because he has billions of dollars, that doesn’t mean he’s beyond reproach.  His new book was essentially a remake of the grand globalist book I refer to a lot, Tragedy & Hope, which was a globalist point of view of the history of the world. Ray’s book is the same; only he’s trying to sell computer model simulations on human behavior to justify his massive investment into China, which has now pretty much announced itself as an enemy of America.  And people like Ray have been handed the detonator for world destruction, and he’s trying to convince us all why he must push the button.

Ray and the gang, let’s call them the “Davos Crowd,” essentially believed that the global economy would shift into China.  They know the globalist’s game; corporations have a quarterly mandate to always show increases to their shareholders and to everyone’s point of view, America was a saturated market.  There are only 300 million people in America, and they can all only buy so many cars, tennis shoes, and hamburgers.  So the globalists want new markets to exploit that ever-present need for upward trends of profit forecasts, and places like Africa, India, and China look like that next untapped well.  While doing media for his new book, Ray himself has said that China has over 1 billion people increasing in median income year by year.  That is where the expanding middle class is, not in America, so that has been the focus of investors like Ray. America’s middle class is dying because many of the jobs that made it up have been transferred to places like China and the minds of people like Bill Gates, Ray Dalio, and Michael Bloomberg, the billionaire class, that is an investment into a bigger house.  The middle class in America can only grow so much.  But there are many more opportunities for wealth generation in China among a larger country with a much larger population, 3-1.  So that is why the markets of the world turned toward China for the next great gold rush of expanding markets.  Only, there is a problem.  China is a communist country, and these billionaires have been caught tampering with global politics by using Karl Marx’s philosophies to move market value from one place to another, leaving behind the criminal underclass to control all their wealth as the curtain everyone sees.  And now they’ve all been caught, and the sentiment is flipping back to America.  What China did with the coronavirus in partnership with Dr. Fauci and the NIH was reprehensible.  It was much worse than when Japan bombed Pearl Harbor, and now China is a villain to the world, and all the investments that people like Ray have made there are in jeopardy. 

You have to understand wealth creation, which I explain extensively in my own book, The Gunfighter’s Guide to Business.  The middle class is not a finite creation.  Wealth just doesn’t happen, as Ray often alludes to in his books when he talks about the cycles of civilization.  Wealth is made from risk, and when a nation produces lots of risk-takers, then it can be said to be wealthy.  When a nation produces many compliant people, as China does because of their communist government, you will have perpetual stagnation.  There is currently an expanding middle class in China because that wealth drives it to be stolen from American capitalism.  It’s just money that was moved to a bigger balloon, but the wealth generated is finite; it’s limited to the air in the balloon.  What makes the air is risk; what expands wealth is not compliance and order, the way all corporations would love it to be, but in reckless investment for the gain of capital off innovation and diligence.  Inventors don’t stay up all night writing code or inventing a new concept so they can turn it over to the state for redistribution.  They want to get rich, just as people will sit at a poker table and gamble on a pot of money, hoping to win it.  The game generates wealth because it inspires risk to win it.  Elementary economic stuff, but it’s what’s missing in Ray’s books, his graphs on human nature and the history of the world, and all those like him in the billionaire class who obviously feel guilty about their own wealth and aren’t sure they deserve so much power over others because of it.

China’s rise to power is over; their trajectory to be the new example of markets is deflating as we speak.  Oh, sure, many governments still think China is the future, but they don’t understand the basics of wealth creation even though they may be personally wealthy themselves.  America is a culture of risk, and that is why it has been and will continue to be wealthy. America’s wealth is not present because of policy, politics, philosophy.  A centralized authority can’t control it.  It’s not something that is managed by the global Davos crowd. They’d love to control it, to loot off it, to ride it for their ease and comfort.  But stealing America’s wealth and giving it to China as they have been doing from behind the face of governments won’t make China wealthy and expand their middle class in the same way it did in America.  Because to create wealth, you must have risk and ambition unleashed in a free market and society.  And China isn’t and will never be free.  The number of people happy with a car, a house, a spouse, a few kids, and an iPhone that can track you in everything you do is not enough for many people.  And for the people it is enough are not the types who make extraordinary wealth.  So when Ray puts up his computer models about human behavior to justify billions of dollars in investments he has made into China, he is always missing the most critical thing in a society that wishes to be wealthy, that there are plenty of risk-takers who are willing to stay up all night and work through the weekends to invent a new market.  And it is with them, and only them, that an expanding middle class is born, and there are people to buy hamburgers, go to amusement parks, and buy tennis shoes.  Centralized authority always kills wealth, and in this case, Ray and his friends will lose many billions in their gamble against America for the great nothing of China’s rise to power.

 

Rich Hoffman

Click to buy The Gunfighter’s Guide to Business