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I think it's likely that they'll see justice in a chaotic way, ie not connected to the specific crime. Most likely outcome is that they make huge paper profits
by nostrademons 7mo ago
I think it's likely that they'll see justice in a chaotic way, ie not connected to the specific crime. Most likely outcome is that they make huge paper profits that are then absolutely worthless because the dollar collapses and the property rights that enforce the wealth they gained from these transactions disappear as the government is toppled. Another likely outcome is that they get in the habit of doing criminal things that piss people off, piss the wrong person off, and then get offed.
There was an AskHistorians post about the French revolution a few years ago that really stuck with me:
https://www.reddit.com/r/AskHistorians/comments/w18qt5/what_led_to_the_fall_of_robespierre/ https://www.reddit.com/r/AskHistorians/comments/w18qt5/what_...
> Stability had hardly been a hallmark of the Revolution til that point, and really what we have seen is a revolving door of men rising to the summit of power, only to realize that once your head is above the rest it's a prime target for the guillotine. Of the early years of the Revolution, virtually any man who had been considered a leader was either dead or in exile. The King was executed in January of 1793. The Girondin, formerly indistinguishable from the 'left,' went en masse to the guillotine in October 1793. Danton & friends (dubbed by Robespierre 'the indulgents'), the literal authors of the Insurrection of August 10th which overthrew the King and declared the Republic, the 'giant of the Revolution,' had been executed in April 1794. Interspersed with these prominent deaths were hundreds of individuals who had been important players in the Revolution, whether in national or local politics, and who had now paid the price for their notoriety
In times of crisis and scarcity, the usual outcome is that anyone whose ego is big enough to think that he can lead or profit finds that they become a target for elimination. The folks who survive are the ones who focus on, well, surviving. We're headed for one of those times of crisis now, though most people don't want to admit it, and a lot of the people who are profiting off ill-gotten gains now may find that they don't live to enjoy it simply because it gives them a taste for profiteering that eventually makes them take stupid risks.
- Windchaser 7mo ago> Most likely outcome is that they make huge paper profits that are then absolutely worthless because the dollar collapses Seems like it'd be pretty easy to diversify into inflation-protected assets after taking big profits. But I also don't see the dollar collapsing any time soon. The dollar's strength is built on the US economy, and the US economy is still one of the strongest in the world, with high productivity per person. We'll see some inflation, sure, but nothing that the rich insider traders can't hedge against. I do not expect that there will be any real justice here. They're not gutting the average American -- they're bleeding us, extracting a small enough amount of value that they can get away with it. And we don't live in a just world.
- delusional 7mo agoThere is no "inflation-protected" asset if the economy collapses. You can't hedge societal unrest. The aliens don't want bitcoins.
- joe_mamba 7mo ago>Seems like it'd be pretty easy to diversify into inflation-protected assets after taking big profits. Assets are yours only as long as there's a government to enforce your ownership rights over those assets for you. In case of government or societal collapse, your physical assets then are free for the taking to the ones with the most men with the most guns, and your paper assets are worthless.
- taurath 7mo agoI believe the dollars strength is built on its unassailability as the petrodollar and foreign reserve currency, which lets the fed set interest rates and print money while creating less inflation than any other currency. The world looks very very different when energy markets aren’t fulfilled in dollars in ways that most citizens won’t understand.
- kortilla 7mo agoThat’s false. The petrodollar is irrelevant because two non-US companies trading using an intermediate currency like the USD create a balanced buy and sell of the intermediary.
- philistine 7mo agoIf the petrodollar is irrelevant, why is Iran insisting that anything transiting the straight of Hormuz be bought using the Chinese Yen?
- linhns 7mo agoYuan. Not Yen. Iran shouldn’t be insisting anything.
- taurath 7mo ago“The aristocrats!”
- franktankbank 7mo agoI like how "off them" is the libertarian way like thats some sort of stable procedure.
- rigrassm 7mo agoAs someone in their mid 30's who followed Ron Paul back in the early 2000's, I have a hard time understanding this sentiment when, at least back then, "Your rights end where mine begin" was their foundation. Idk, I don't have any loyalty towards any of these political parties so it shouldn't bother me but part of me gets defensive when I hear them described this way today. (Hell, I remember being the weirdo anti-interventionist in my circles and it was always the tea party ass hats that were uncomfortably enthusiastic about offing people they didn't like).
- wellthisisgreat 7mo ago> because the dollar collapses and the property rights that enforce the wealth they gained from these transactions disappear as the government is toppled. sorry but this is such a coping mechanism, or doomsday talking. Neither is dollar collapsing nor US government is collapsing, as there has been no evidence whatsoever of any of that even moving towards happening, at least on any meaningfully predictable timescale (i.e. 3-5 years? while even that's rich for predictions). Anything past that is just broken clock being correct.. at some point in time. What would it take for dollar to "collapse"? What are the exact mechanisms that would be required to start that process? What is the evidence of US government being "toppled" with layers and layers and layers of diverse (financial, legal, military, political, social, you name it) protections in place? It's the kind of thing preppers like to dream of but it's not happpening in our lifetimes. When things of that scale happen you see it YEARS in advance in true poverty (as in people starving), in anger (as in people getting increasingly violent) at scale, in mass mobilization of masses actually looking to topple the government. Nobody is working right now to overthrow US government, there were never any organized attempts at that, not even demonstrations of a vector that can once lead there, as in it's simply not happening (sorry you can't in all seriousness put Jan 6 there as that was shocking for US political PR, but shockingly irrelevant for any country that has gone through real upheaval). US is extraordinarily rich even in it's poor version, everyone has everything to lose and nothing meaningful to gain from any "revolution".
- postflopclarity 7mo ago> What is the evidence of US government being "toppled" with layers and layers and layers of diverse (financial, legal, military, political, social, you name it) protections in place? I mean. Do you read the news? these protections are not working very well these days. the administration is getting away with _so much_ criminality in plain view.
- tmountain 7mo agoAdjacent question, does the transformation of the U.S. government into a fascist regime quality as a collapse?
- QuantumGood 7mo agoHidden profiteering off ill-gotten gains happens continously. In some areas it becomes more known or suspected, but because beheadings and such are very far outside the Overton Window that is mostly controlled by the media, the focus of society moves on as the media directs.
- jacquesm 7mo ago> and a lot of the people who are profiting off ill-gotten gains now may find that they don't live to enjoy it simply because it gives them a taste for profiteering that eventually makes them take stupid risks They believe, rightly or not that they can withdraw from the world with their wealth more or less in one piece to some kind of safe zone.