The consensus is that asset inflation is unstoppable and forever. History begs to differ. Not unsurprisingly, people want a binary option: do we get deflation or inflation? Unfortunately, reality is messy. Broadly speaking, globalization is deflationary as capital seeks the lowest cost labor, parts and materials, the least stringent environmental standards and the most corrupt governance to maximize profits by any means available (in this case, exploitation and corruption).
VIEW POST
This time last the year the pandemic was still considered an epidemic, and Discord considered itself a chat service for gamers. A year later and the pandemic may not yet have reached its peak, and Discord, now focused on general chat, is also flourishing.
VIEW POST
It can be difficult to get credible and accurate reports about what is happening in China, especially when it comes to technology (and the Chinese tech industry). However over the past couple of months there has been a notable shift in both Chinese government policy and the state of China’s technology companies
VIEW POST
If you don’t discern any of these dynamics in the present, what are you choosing not to see? The reason why history rhymes is that humanity is still using Wetware 1.0 and so humans respond to scarcity, abundance and conflicts over them in the same manner. I am struck by similarities between the conflict-torn mid-1600s and the present: global climate change (The Little Ice Age in the 1600s), political upheavals and wars which intertwined civil and imperial conflicts.
VIEW POST
The SolarWinds shit-show keeps on shitting,
Singapore cops access COVID-19 tracing data for criminal investigations,
Use stupid passwords, win stupid prizes: ZyXel hardcodes backdoor, Nissan uses “admin” and more in Axis of Easy #178
If we have indeed begun a sustained “reversal of fortune”, it might be prudent to consider the possibility we’re only in the first inning of a sustained run of back luck. In our self-deluded hubris, we reckon we’ve moved beyond the influence of fortune, a.k.a. Lady Luck: our technologies are so powerful and our monetary policies so godlike that nothing as random as luck could ever crush our limitless expansion.
VIEW POST
Mark is the co-founder of easyDNS and the editor-in-chief of #AxisOfEasy. He is the author of Managing Mission Critical Domains & DNS (Packt UK, 2018) and Unassailable: Protect Yourself from Deplatform Attacks & Cancel Culture.
Futurist, researcher and public speaker, Jesse Hirsh has been active in technology and commenting on it across the media for 25 years. His premium newsletter service operates from Metaviews.ca.
Charles Hugh Smith is the author of numerous books and writes from OfTwoMinds.com.
