System is insolvent and we try to remain solvent within this system. * this is a system problem* We are a pawn in the game trying to do the best we can within it.
Incentive to be too big to fail - theft in the base layer of the economy.
We don’t get to vote for inflation. Theft? What else could you call it?
Assets maintain their value when monetary units go up ( inflation)
To the poor inflation is wage deflation and detrimental. The poor typically don’t have assets that will keep up with inflation as monetary units increase.
Pockets are being picked.
We call rent seekers the elite
We have to keep this system going or else it collapses… and it does..
To transition to a new system it requires a belief system change but that is hard. easier to think I’m doing the best I can in this system .
If you understand the game board you can see what will happen ( greatest game article/ price of tomorrow) what must happen? Negative flywheel effect?
Don’t give the existing system energy but create the world you want to see by putting your energy into that world. Great advice here.
100% inflation coming, Luke Gorman.
2 doors we can go through
Soft default
Hard default
Dystopian if we had a hard default.