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The part that concerns me the most is the fact that inequality is the result of a global money-printing ponzi scheme. As most people learn what has happened, th
by cryptica 5y ago
The part that concerns me the most is the fact that inequality is the result of a global money-printing ponzi scheme. As most people learn what has happened, the level of bitterness and division is going to be intolerable. What we're seeing now is nothing because most people still don't know what has happened. Even 90% of people on HN don't realize what has happened.
Also, now the system will be forced into hyper-drive. Those who have benefited from the scheme so far will benefit even more; the crony system will need to incentivize its proponents into an increasingly deep trance as the fraudulent nature of the scheme becomes increasingly difficult to ignore. Those who have been harmed by the system will be harmed even more. There will be a tiny percentage of the population living a blissful life of ignorance while resentment grows within the majority of the population. The narratives around everything; politics, the economy and society are going to fall apart. We might actually end up with some kind of anarchy.
- kazen44 5y agoalso, the inaction on climate change is a catalyst as well. people have been pushed to more extreme political views, because cooperating and sharing the wealth is not in the interest of the wealthy minority.