You are a free subscriber to Me and the Money Printer. To upgrade to paid and receive the daily Capital Wave Report - which features our Red-Green market signals, subscribe here. How to Beating The Great American and Great Ancient Extraction Methods...Doesn't matter where you are in history... the systems are always going to rhyme.
Dear Fellow Traveler, After Saturday’s piece on the Temple’s extraction system, several readers asked the obvious follow-up question… “How did the wealthy protect themselves from a similar system, 2,000 years ago?” Well - that’s a key point of the series on “Man Versus Central Bank…” We not only examine the history of the challenger and the chokepoints to the economies (and extraction points), but also the history of wealth preservation during that time of immense extraction and turmoil… The elites of first-century Jerusalem had figured out something important… The same chokepoints that crushed working fishermen could be turned into wealth preservation tools if you knew how to play the game. Their playbook reads like a modern guide to beating central bank debasement. The names changed, but the strategies remained the same. 1. Diversified Currency Holdings and Hard AssetsHere’s what we know from the historical record… The Temple tax had to be paid in Tyrian silver shekels - coins with a purity of 94-97% silver and a standardized weight. Money changers converted Roman denarii, Greek coins, and local currency into the required Tyrian shekels, generating substantial exchange profits. The wealthy didn’t just hold one type of currency. They accumulated Tyrian silver (required for Temple obligations), Roman aurei and denarii for broader trade, and likely raw bullion that could survive any political upheaval. The high silver content made these coins a “hard asset” that maintained their value even during periods of monetary chaos. Sounds like something happening today… No. 1 Takeaway Don’t store wealth in forms the state can easily debase. Diversify across asset classes - real estate, foreign currencies, commodities, and inflation hedges. Consider precious metals and Bitcoin as hedges against monetary manipulation. 2. Geographic and Jurisdictional DiversificationThe local elites maintained extensive networks that spanned Alexandria, Antioch, Rome, and other major centers. Remittance systems already existed for Temple tax collection, proving that moving money across distances was feasible for those with connections. Wealthy families could shift capital to safer jurisdictions or maintain holdings in multiple cities less vulnerable to local political turmoil. No. 2 Takeaway Don’t rely on a single nation’s banking or regulatory system. Maintain holdings in stable jurisdictions. Recall that Switzerland and Singapore are the safe jurisdictions, and Canada is very stable. Develop income sources that operate globally. Don’t shy away from global companies that bind their customers to their brand worldwide. 3. Institutional ShelteringProperty could be “devoted” to the Temple, changing its legal status and potentially removing it from secular seizure. The Mishnah discusses rules for these dedications, which complicated confiscation claims, even if they didn’t guarantee complete immunity. No. 3 Takeaway Utilize legal structures designed for resilience, such as trusts, LLCs, and foundations. The goal isn’t hiding wealth but building structural resistance to expropriation within legal bounds. Learn the rules to protect your wealth. Those laws exist for a reason - and the politically connected are very good at using them. You should be too… 4. Creditor Position Over Passive HoldingsRoman provincial lending rates typically hovered around 12%, and local elites often served as creditors to indebted farmers and artisans. Defaults transferred property to lenders, turning the elites into asset collectors rather than just cash holders. Josephus condemns high priests like Annas for hoarding money and exploiting debt relationships - they were the sharks, not the fish. No. 4 Takeaway Be the lender, not the borrower. Own dividend-paying stocks, rental properties, and royalty streams. When you do borrow, ensure it funds assets that appreciate at a rate faster than your debt costs. 5. Controlling the Extraction ChokepointsThis is where it gets interesting. The Annas family controlled the money-changing booths and sacrificial animal markets inside the Temple courts. Josephus calls Annas “a great hoarder up of money,” and rabbinic sources mention “the shops of the sons of Annas.” Jesus’s act of overturning the money-changers' tables directly attacked these monopoly positions… the very “toll booths” that made the elite wealthy. No. 5 Takeaway Don’t just resist extraction - own the infrastructure. Payment systems, data networks, and regulated utilities. Own the “toll booths” where others must pay fees to participate. The Real StrategyThe smartest elites didn’t fight the system - they architected their wealth to flow around it while owning pieces of the extraction machinery itself. This mirrors how sovereign wealth funds operate today… They are diversified across currencies and jurisdictions, invested in essential infrastructure, and insulated from single-country risk. The Federal Reserve’s money printer created similar dynamics to the Temple’s currency monopoly. It’s a system designed to benefit insiders at the expense of everyone else. The same principles that worked 2,000 years ago work now…
The families who survived the Temple’s extraction system, the fall of Jerusalem in 70 AD, and countless other regime changes all followed the same basic playbook. They built antifragile wealth. They had capital that grew stronger under stress rather than weaker. The game hasn’t changed. Only the buildings and the currency denominations. The money printer will eventually devalue and destroy the dollar, just like every other fiat currency before it. But if you study how the elite beat ancient extraction systems, you can position your wealth to survive and thrive when it happens. We’ll continue to talk about this in our next focus on Man Versus Central Bank… Next up… Julius Caesar… Stay positive, Garrett Baldwin About Me and the Money Printer Me and the Money Printer is a daily publication covering the financial markets through three critical equations. We track liquidity (money in the financial system), momentum (where money is moving in the system), and insider buying (where Smart Money at companies is moving their money). Combining these elements with a deep understanding of central banking and how the global system works has allowed us to navigate financial cycles and boost our probability of success as investors and traders. This insight is based on roughly 17 years of intensive academic work at four universities, extensive collaboration with market experts, and the joy of trial and error in research. You can take a free look at our worldview and thesis right here. Disclaimer Nothing in this email should be considered personalized financial advice. While we may answer your general customer questions, we are not licensed under securities laws to guide your investment situation. Do not consider any communication between you and Florida Republic employees as financial advice. The communication in this letter is for information and educational purposes unless otherwise strictly worded as a recommendation. Model portfolios are tracked to showcase a variety of academic, fundamental, and technical tools, and insight is provided to help readers gain knowledge and experience. Readers should not trade if they cannot handle a loss and should not trade more than they can afford to lose. There are large amounts of risk in the equity markets. Consider consulting with a professional before making decisions with your money.
|
Subscribe to:
Post Comments (Atom)
0 Response to "How to Beating The Great American and Great Ancient Extraction Methods..."
Post a Comment