Resistance Training: Billie Best Blog

Resistance training is the technical term for weight training, a form of exercise that strengthens muscles. We could use some of this! The United States has a population of 342 million, and 70% of our economy is consumer spending. As consumers, our power is our money. This 70% is the sum of what individuals and households spend on goods and services. When we spend money, we demonstrate our financial strength. The main source of our country’s wealth is consumers. Our economic prosperity depends largely on the purchasing decisions of you and me. So let us work to build our economic resilience.

There are many ways to change the way we spend our money, but if we can focus our intentions on a few visible changes, we can make our power visible. To have a clear economic impact, we need collective action; millions of us need to participate. Strikes, boycotts and blackout days are cool but have limited impact and not everyone can participate. Millions of us are spread across thousands of miles, and there is great diversity in our families. In reality, we cannot take the same actions at the same time. We need a way to create economic impact that empowers everyone to take action in their own way. what we need is The “quiet exit” of oligarchic brandsthe largest companies care least about the average consumer because they think they are too big to fail.

Ironically, when I asked AI how to organize national economic resistance, the answer I got was as follows:

• Stop buying durable goods: Postponing or canceling purchases of new cars, furniture and appliances can have a significant impact on the economy because these big-ticket items are a major component of consumer spending.
• Significant increase in household savings: Shifting income from consumption (spending) to saving or paying down debt immediately removes money from circulation that drives the economy.
• Cancel subscriptions and services: Eliminating monthly recurring costs (streaming services, memberships, subscriptions) can steadily and consistently reduce service industry output.
• Adopt a local/alternative lifestyle: A shift from buying new goods to repairing, reusing, or buying second-hand goods reduces the need for new production and consumption.
• rapid descent mechanism
  This approach works because consumer spending is the main engine of economic growth. When consumers consume less, it leads to less demand and can lead to a rapid contraction of the economy.

Remember the rapid impact of the epidemic on the economy? I’m not sure we want to increase unemployment, but the beast is catching up with us anyway due to the adoption of artificial intelligence, overreliance on debt to fuel growth, reduced government spending, and rising geopolitical instability. Therefore, please proceed with caution. Here are some guidelines for dealing with economic headwinds.

• Don’t go into debt.
• Don’t risk your family’s financial stability.
• Don’t complicate your life by making unrealistic choices.
• Keep your resistance simple.
• Spend less, save more.
• Whenever possible, spend your money at local businesses.
• Form clubs and cooperatives to fill gaps in access to goods and services.

Hey, Boomer, stop being a hypocrite!

We have a natural tendency to resist change, and the older we get, the harder it is to change our behavior. Hello baby boomers, I’m talking to you, you are the wealthiest generation ever. Baby boomers control $85 trillion and account for more than half of total U.S. household wealth. What the fuck man! I see you at marches and protests, gray-haired, holding signs and whistling. But what do you do with your money? Please use your financial strength to align your funds with your values. Even ten percent of the baby boomer generation’s financial assets shifted from oligarchs to community banks and businesses would be a powerful move. No excuses.

Our economic choices leave us vulnerable to abuse. We pour money into businesses that are now too big, obsessed with economic power and abuse of power. The consumer economy accounts for 70% of our GDP, but you wouldn’t know it from the disrespect shown to consumers by the oligarchs and their sycophants. We need to change this while we still can. We need to move money from the biggest brands to the grassroots. Our strength lies in our ability to mobilize economic resources. The key is to resist with persistence.

One thing almost anyone can do is open a savings account at a community bank. Better yet, move some of your money from JPMorgan Chase, Bank of America, or Wells Fargo to a community bank. Any amount is ok. You don’t have to take radical action to make an impact.

Definition of community bank in the United States

Community banks play a vital role in local economies by reinvesting deposits back into communities, supporting small businesses and promoting job creation. They often provide loans to individuals and businesses who may not qualify for financing from larger banks.

• local ownership: Community banks are typically owned and operated by individuals or groups within the communities they serve.
• geographical focus: They primarily take deposits and issue loans within a limited geographical area, building strong relationships with local customers.
• relationship banking: These banks emphasize personal relationships and understanding their customers’ specific needs, which can lead to more tailored financial solutions.
• Asset size: Although there is no strict definition, community banks are generally defined as having less than $10 billion in assets. Some definitions set the limit at $1 billion.
• regulatory oversight: Community banks are regulated by multiple agencies, including the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC).

Materialism numbs us to the pain of debt. Now the oligarchs are drilling holes in us, literally draining our economic power. But their money comes from us. We spend our money on their business. All we have to do is resist the temptation of oligarchic brands and move our money to businesses that share our values ​​and interests. Close accounts, unsubscribe, cancel and boycott anywhere you can afford it. Spend less, save more. Start by buying local and regional products. Get organized and fill in the gaps. This is how to take back our economic power. Flex your money muscles!

Economic power is political power. Characteristics of the American oligarchy:

• Concentration of wealth: A small group of billionaires control a large portion of the nation’s wealth.
• political influence: Research shows that economic elites and organized business interests have significant influence on U.S. government policy, while ordinary citizens have little influence.
• policy results: Many policies benefit the rich, resulting in the interests of the majority often being ignored.

The rise of American oligarchs has raised concerns about the health of American democracy. As wealth concentration increases, the ability of ordinary citizens to influence government diminishes, leading to a potential erosion of democratic principles and policies that favor wealthy elites.

Now is the time for economic resistance. Please share this news.