Of Two Minds

We need to start thinking outside the current system, which has no solutions.

The expediencies and policy extremes have yet to be explored, much less exploited.

If the leadership chooses happy-story PR and toothless reforms for show in the hopes it will all blow over, these subterfuges have the potential to push dissatisfaction beyond the point of control.

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.