OfTwoMinds
Everyone Loves a Generous Government Until They Have to Pay For It
Not only does everyone love getting “free money” from the state, they also love hearing the fantasy repeated endlessly that debts are no problem because we will continue to “grow our way out of debt.”
The Fed’s Empire of Speculation and the Echoes of 1929
Speculation has its own expiration dynamics, and they don’t depend on us recognizing speculative excess for what it is. They will unravel the excesses regardless of what we think, hope or deny.
Could America Have a French-Style Revolution?
Combine all these factors and the result is a potentially volatile mixture awaiting a catalyst.
Irony Alert: The American Dream Is Only Affordable Overseas
This is not to suggest living/working overseas is a panacea or easy–it isn’t.
We Feel Poorer Because We Are Poorer: Here’s Proof
Measured by the purchasing power of our wages/work, we’re definitively poorer, as it takes far more hours of work now to pay rent.
Never Mind Bogus Measures of Inflation–Purchasing Power Is What Counts, and It’s Decaying
If your earnings rose by 34% from January 2020 to October 2023, congratulations, the purchasing power of your labor kept pace with higher costs.
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.
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