Latest Issues of #AxisOfEasy
The unraveling of social cohesion has consequences. Once social cohesion unravels, the nation unravels. My recent posts have focused on the systemic financial risks created by Federal Reserve policies that have elevated moral hazard (risks can be taken without consequence) and speculation to levels so extreme that they threaten the stability of the entire financial system.
Read it »Unplug your Western Digital MyBook Storage Drive Immediately,
WHO stealth edits recommendation to not vaccinate children,
MailChimp suspends Babylon Bee… this and more in Axis of Easy # 202
The Fed’s “choice” is as illusory as the “wealth” the Fed has created with its perfection of moral hazard. The belief that the Federal Reserve possesses god-like powers and wisdom would be comical if it wasn’t so deeply tragic, for the Fed doesn’t even have a plan, much less wisdom.
Read it »The unraveling of America’s social order is accelerating, and denial will not save us from the consequences of the plundering of the social contract. What kind of nation boasts a record-high stock market and an unraveling social order?
Read it »Risk has not been extinguished, it is expanding geometrically beneath the false stability of a monstrously manipulated market. One of the most under-appreciated investment insights is courtesy of Mike Tyson: “Everybody has a plan until they get punched in the mouth.” At this moment in history, the plan of most market participants is to place their full faith and trust in the status quo’s ability to keep asset prices lofting ever higher, essentially forever.
Read it »Bill C-10 rammed through parlliament in midnight session,
IoT devices could be weaponized for DDoS attacks at record levels,
Peloton software bug allows complete remote takeover… this and more in Axis of Easy # 201
What if everyone in the market realizes it’s now the moment to front-run the crash? We have a fine-sounding word for running with the herd: momentum. When the herd is running, those who buy what the herd is buying and sell what the herd is selling are trading momentum, which sounds so much more professional and high-brow than the noisy, dusty image of large mammals (and their trading machines) mindlessly running with the herd.
Read it »The only dynamic that’s even faintly “capitalist” about America’s Crony-Socialism is the price of political corruption is still a “market.” The supposed “choice” between “capitalism” and “socialism” is a useful fabrication masking the worst of all possible worlds we inhabit: Capitalism for the powerless and Crony-Socialism for the powerful.
Read it »Is inflation “transitory” in your household budget? Really? Where? The Federal Reserve has been bleating that inflation is “transitory”–but what about the real world that we live in, as opposed to the abstract funhouse of rigged statistics? Here’s a simple test to help you decide if inflation is “transitory” in the real world.
Read it »Google’s FLOC already being gamed by adtech companies
Bill C-10 hits rock bottom for Canadian democracy
Vaccine passports come to Manitoba, “no jab = no phone“ in Pakistan… this and more in Axis of Easy # 200
Nobody seems to notice the ‘diminishing returns’ on Fed manipulation, oops, I mean ‘intervention’. Perhaps it shouldn’t surprise us that everything that will eventually matter is ignored until it does matter–but by then it’s too late.
Read it »The Fed’s god-like powers will be revealed for what they really are: artifice and illusion. The Fed will be proven catastrophically wrong about inflation for the simple reason that inflation isn’t transitory, it’s sticky: when prices rise due to real-world scarcities and higher costs, they stay high and then move higher as expectations catch up with reality.
Read it »We’re getting a real-world economics lesson in rip-your-face-off increases in prices, and the tuition is about to go up–way up. Inflation will be transitory, blah-blah-blah–I beg to differ, for these reasons. There are numerous structural sources of inflation, which I define as prices rise while the quality and quantity of goods and services remain the same or diminish.
Read it »Canadian government blocks discussion on internet censorship bill,
Docs show Google shares location data with other apps,
Brave browser adding support for ENS and Handshake domains… this and more in Axis of Easy # 199.
People caught on that the returns on the frenzied hamster wheel of “normal” have been diminishing for decades, but everyone was too busy to notice. The superficial “return to normal” narrative focuses solely on first order effects now that people can dispense with masks and social distancing, they are resuming their pre-pandemic spending orgy with a vengeance, which augurs great profits for Corporate America and higher tax revenues.
Read it »The higher they push phantom “assets” based on exponential increases in leverage, the greater the air gap between essential tangibles and fantasy. Inflation is in the news, but there are a couple of things about inflation that don’t get much coverage.
Read it »For about 1 in 4, Social Security provides at least 90 percent of their income. How many retired workers are getting less than $1,000 per month in Social Security benefits?
Read it »Trudeau government reviving Bell’s “Fair Play” site blocking,
CTRC issues wholesale broadband decision that everybody hates,
Canada Post hit with supplier ransomware…this and more in Axis of Easy # 198
What does it say about our “prosperity” if we can’t even afford to equal the purchasing power of the minimum wage paid 50 years ago? It says the 1% got the mine and the bottom 90% got the shaft. Given the rising prosperity we keep hearing about, shouldn’t we be able to provide minimum wage workers the same purchasing power they enjoyed 50 years ago in 1970?
Read it »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.