Of Two Minds

What Kafka got right is how societies can become busily dysfunctional.

The harder the authorities and pundits push the “inflation is under control” narrative, the faster they erode public trust and confidence in the future value of labor and “money.”

Imagine the impact of the Fed’s new policy on the bottom 50% of American households, who currently own near-zero financial assets.

Lest you weep for those whose phantom wealth will be drained away, recall that few win when a reserve currency dies. Labor can start earning the day after the reset, but the capital lost is gone for good.

So the Deep State is good, but the Total Surveillance State is even better.

Awakening from the dream of painless financial / political solutions, we find the status quo is not the solution, it is the source of our decay.