CONSIDERABLE SHOUTING said:
Had a spooky discussion last night with a good friend of mine- he works for one of the 4 investment banks doing back-end coding, and he thinks the Fed will likely raise rates to ~20% like they did in the Carter-Reagan years to try and control the mass amounts of liquid cash they've printed. It's a simple and logical explanation, which is why I'm giving it a lot of weight and gravitas- and it's not like much is being done to fix the housing crisis right now anyway.
The U.S. dollar's days as the world's reserve currency are numbered. The Fed needed to raise those rates again in the 90s, but didn't. 2008 was the consequence, but then the consequences of that were further delayed with 0% interest rates(or close to it) and constant money printing henceforth until very recently. There is nothing that can be done to stop what is unfolding as a result, if history is any guide. It comes down to who will get to bare the negative consequences that will manifest.
The derivatives market alone is enough to bury this system, and it is far from the only problem or even the largest problem inherent within it. The elephant in the room is the lack of sound/honest money. All problems are enabled by this, but those ruling us will never allow for this to happen in conjunction with a much-needed debt jubilee for all, for it will mean near total liquidation of the ill-gotten assets of those aristocrats responsible for this mess to pay for it, and with it, their power and control over the rest of humanity.
Okay, I know when I'm talking to a wall- and especially, when someone whom ideologically I agree with is writing manifesto pages at me. You're not seeing the forest from the trees here my man; I can quote and list tons of young adults who screwed around with this shit in garage labs and scrapyards with public funding who never saw repercussions, now displaying plans for fission reactors or fun concepts.
Has any of it over the decades ever been allowed to filter into improvements to our lives, first and foremost? What are the fruits so far of this? We have a massive series of crises headed our way with no guaranteed solutions, only ways to adapt, ways which are generally being denied to us via statute and the enforcement thereof. Even something as benign as ebikes are becoming more and more regulated, which prevents them from being a viable car substitute for most should the law be explicitly followed(especially in Europe where it has the most potential to displace car use of nearly anywhere else. Being limited to 15.5 mph/250W makes them next to useless for anything more than short trips when compared to a car).
You're not asking why a law exists, even if it exists to keep you down; which means you're not gonna be focused about it when the time comes.
There are many reasons that law exists. But it doesn't make it justified, right, or beneficial to society simply because it exists. Nor does it logically follow that one MUST follow it, especially given how inconsistently the rules are applied depending upon one's position within the socio-economic hierarchy. Nor does it follow that those who refuse to follow it deserve to be locked up, even and especially if they harm no one, given that there is no shortage of people and institutions who deliberately cause harm to anyone they want to worldwide without any repercussions for doing so.
When the time comes, successfully adapting to one's circumstances, regardless of what any law says, could be the difference between life and death. That spooky discussion you had last night encompasses just one facet of hundreds of different civilization-scale terminal problems that have been known about for decades and left deliberately unaddressed by our so-called leaders(elected and not), as they try to pin the blame on humanity as a collective whole to shirk responsibility for their self-serving decisions, hundreds of problems which are converging at crisis points very near to each other, almost simultaneously, where each by itself would be cataclysmic. Hopefully you can see that forest, because it is the biggest and most treacherous one the human race may ever face, and possibly the last one it may ever face.
Think of Planet Earth as a giant lifeboat deployed after a plane crash, with enough room for 100 adult people but if loaded with that many people, without any room for the supplies needed to live(analogous to the natural world). The hope is that the survivors can make it to a nearby island, because no one is coming to rescue them. We instead have 99 children who possess survival skills and an adult pilot on board the plane, leaving room for adequate supplies and barely some toys/frivolities. The pilot insists on keeping the whole lifeboat for themselves while keeping not just their supplies and toys and frivolities, but then take's the children's toys and frivolities even when knowing that the lifeboat doesn't have space for it all. This pilot then straps explosives to themselves and points a gun at everyone else to get them to obey, under threat of shooting any challengers and destroying it all should he lose the fight. None of the children ever tried to fight, for daring to do so was widely considered "wrong", and two of the children themselves sided with and defended the pilot, simply because the Pilot was the one adult in charge and for no other reason. This pilot then, with the help of those two who sided with him, one-by-one throws the children overboard. The pilot shoots one of the remaining children. The last child who remains is then overpowered and thrown overboard. The pilot then takes the loaded boat leaving the remaining supplies adrift, letting everyone else drown because everyone was too scared to act under the threat of that one pilot either detonating the explosives or shooting any challengers. This pilot also exceeded the boat's carrying capacity by overloading it with toys and frivolities. In fact, this one pilot overloaded the boat so much that it started to sink, the section holding their supplies sinking first, dooming themselves as well to the same fate they doomed all the children to. The pilot makes it to the island, but with no supplies, and no one to help them survive, he dies of dehydration, but even were that not a problem, he'd have died of starvation, and even if that weren't a problem, all of the toys and frivolities that cluttered the island resulted in the plants and wildlife getting sick and dying. Afterward, there are no more people, as all have perished, the result of vast majority meekly refusing to fight that one man with the gun and explosives plus his two sychophants, even to survive. To add insult to injury, the pilot deliberately crashed the plane, leading to this mess, when everyone entrusted the pilot to get them to safety. The children never got to the island they needed to get to in order to survive or even had the chance to grow up to find their rightful place in the world, for that chance was forfeited as soon as everyone who objected to the Pilot's decisions refused to fight the Pilot.
That is the path humanity is being led down. It won't have a happy ending. It never does, if history is any indication.
