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> The only thing that could justify it would be universal acknowledgment that the entire paradigm was wrong. "Acknowledgment" changes absolutely nothing, wrong
by bigbadfeline 1mo ago
> The only thing that could justify it would be universal acknowledgment that the entire paradigm was wrong.
"Acknowledgment" changes absolutely nothing, wrong paradigms are a dime a dozen, you'll get a fresh new one to pin your hopes on but it definitely, positively is going to be worse than the previous one.
The only way to change something for the better is to prevent default by appropriate legislation, FDR style - but rest assured, neither party is going to do anything remotely appropriate.
Defaults can be overt (failure to repay debt) or covert (simply a period of high inflation), therefore, default is the "suddenly" part of inflation surge, and inflation is a machine for transferring assets from those who still have some to those who have them (nearly) all.
This has happened numerous times in history, it's a refined process that includes seamless integration of trained media narratives and scripted government actions. I wish, I knew less about it.
NYT is simply moving the Overton window as required by the script.
I have a hard time talking about it because the banality of it is so boring, but I also understand that 97% of the people have no idea what I'm talking about, I'd like to hope this could change but I don't see how.