OfTwoMinds
Without Inflation, the Status Quo Collapses; With Hot Inflation, It Also Collapses
Eventually policy-makers turn the dials to 11 and nothing happens.
Many others have explained why inflation is part-and-parcel of the status quo. In the simplest terms, where’s why inflation is essential:
Will AI Deliver the Worst of Both Worlds?
So what happens if AI destroys both profits (due to it being “free” and a freely distributed commodity) and jobs?
VIEW POSTAll Dreams End: The Collapse of Keynesian Economics
Now that debt is rising faster than “growth,” and “growth” is dependent on speculative credit-asset bubbles, the collapse of the Keynesian dream looms large. Unbeknownst to economists, the Keynesian bedrock of modern economics–using financial repression and government spending funded by debt to manage the business cycle of growth and recession–is an artifact of a century of expansive cheap energy and virtuous demographics.
VIEW POSTWho Wins and Who Loses in a Deep Global Recession?
Globalization and financialization have fueled the global economy for 40 years. Now they’re in the decline phase of the S-Curve.
Does anyone benefit from a deep, prolonged global recession?
VIEW POSTThe Make-or-Break Fork in the Road Ahead
We either make the future or break the future, so choose wisely.
VIEW POSTBreaking/Broken News You Might Have Missed
Sometimes the news isn’t breaking, it’s broken.
Breaking/Broken News You Might Have Missed: sometimes the news isn’t breaking, it’s broken:
Contributors
Mark E. Jeftovic
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.
The Canadian Bitcoiners
Joey Tweets and Len the Lengend are the hosts of The Canadian Bitcoiners Podcast, and you may recognize them as the voices (and faces) behing the AxisOfEasy Podcast. CanadianBitcoiners.com
Charles Hugh Smith
Charles Hugh Smith is the author of numerous books and writes from OfTwoMinds.com.