"A giant amount of money is being given [by the tax-payer] to the elite and people who toe the line."

From Doug Casey of International Man @ Lew Rockwell.

So what’s going on? What’s the deeper cause behind it?

The great Covid hysteria was the catalyst that put WEF’s “Great Reset” in motion. Even though the flu itself turned out to be a big nothing, it brought on a collapse in economic activity. The Democratic Socialist Republic of Sri Lanka, a place few think about, seemed to lead the way. Its rulers decided to make it the most ESG-compliant country in the world at the very time tourism collapsed because of the pandemic hysteria. The government banned imported fertilizers in 2021, and production of tea and rice collapsed 50%. Sri Lanka made the news because of the depths of its self-caused disaster. I wonder, since Sri Lanka is an island with a very authoritarian government, whether this was an experiment to see what happens if you cut off all fertilizers and create an agricultural crisis in a country. Does it sound crazy? I think it’s a real question. It’s crazy—but it’s exactly what happened.

. . .

In today’s world, taxes are paid mainly by members of the middle class. People in the lower classes don’t pay income taxes. Taxes are somewhat irrelevant to people in the upper classes—apart from the fact that they’re the ones who’ll get most of the new MMT money. It’s the middle class who will be taxed to withdraw the money that comes in the top of the funnel.

The theory is that the $400 billion the bill authorizes will go into society where the elite say. Then $400 billion will be withdrawn through taxes from the middle classes, aided by 87,000 new IRS agents. That’s exactly what they’re going to do, and that’s exactly what MMT intends.

The State puts money in at the top, in “smart” places, and they extract money from the economy from places, and people that they don’t think are worthy. It’s a catastrophically dangerous way for the government to totally capture and manipulate the economy. That’s what the perversely named Inflation Reduction Act is really about.

And they’ll do it without making it seem that way. It’s diabolically clever.