42 sats \ 1 reply \ @Undisciplined 22 Apr \ parent \ on: The debt spiral continues econ
Yeah, there's a bit of a gap between the first order and second order effects, isn't there?
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61 sats \ 0 replies \ @justin_shocknet 22 Apr
Yea, the system is so complex that the line between points A and B has unpredictable turns, otherwise we could all just lever up and await Valhalla.
Best example is the fake pandemic. That had to happen to kick the monetary can for an election cycle, enabling trillions to be injected into the system to keep things solvent, all while constricting monetary velocity by shutting the economy down to slow the currency bleed.
What had to happen before they could do that? Conditions so tight we dropped to 3k before the rip to 60k.
Rough seas ahead...
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