In the 2021's first issue of #Cantillon Effects, we discussed the #inflation which now pervades our lives: not just the narrow, disputed one relating to goods prices, but the inflation of rhetoric, passions, tribalism & despotism.
Over this thread, we'll present our case:-
1/x
Over this thread, we'll present our case:-
1/x
Replacing the "public square" with the "cyber swarm" has not been conducive to reason or civility, for all that it has opened up new possibilities of disseminating news and opinion.
2/x
2/x
The #stakeholder capitalism being built while we're confined to quarters is a world where, we're glibly assured, " you will (truly) own nothing - the #centralbank will ensure your fake asset's notional price is misleadingly high - and you'll be happy!" Really?
3/x
3/x
Why #inflation has been slow to make its presence felt and why that may be about to change. Once the gates of our prison are finally throw open, fiscal-#monetary overkill could produce a veritable conflagration.
4/x
4/x
From War Bonds to Daddy Warbucks to WHOAR!
5/x
5/x
Does the "Suits"' recent endorsement of #crypto constitute a genuine loss of faith in central bank monies or is it just a predictable bandwagon effect? Either way, it only hastens that Dies Irae when #CBDC-s are introduced. 6/x
Once these are in use, the present, dreadful trend of #sinification will be complete. Nothing will be private; our money will have variable value not just in general but in its specifics; stick and carrot will be inescapable. Brave New World! 7/x
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