Thinking Out Loud
Empire collapses, leadership vacuums expand, and government and its media handmaidens transform from trusted servants to despised sociopaths. Americans are thinking about what their world will look like in the next few years.
The funny thing is, those who benefit from government power and its redistribution of trillions and trillions of dollars and dollar denominated low interest debt, and those who control the dominant narratives, have also been thinking, and acting.
This dynamic has led to preppers and homesteaders at two very different economic levels. One builds a cabin by hand on whatever land he or she can find and afford, and the others do this.
One of the most important concepts is what will happen to paper money and promises? Ideas range from the absurd modern monetary theory, to the politically dead-in-the-water idea of government living within its means, to secretly inflating away entitlement liabilities, to the old standby, raising taxes on the rich, which is to say everyone. The biblical idea of a debt jubilee has also become politically popular.
The death of money is, for those who live through it, a life-changing experience. The crush of central planning – as seen during the US depression and throughout World War II, with bureaucratic intervention into every aspect of the economy, ration cards, production limits and mandates, the mass elimination of foodstuffs by government fascisti, as was done here – has multigenerational impacts on a society’s attitudes, decisions, and behavior. We have all seen this in our parents, grandparents and great-grandparents. Many of them subsequently spent their lives with a kind of caution and thrift that is alien to modern generations.
Modern generations pay very little for the massive amount of information at our fingertips, “free” communication with our friends and co-workers around the world, access to experts and collaborators, and nearly instant access to innumerable and cheap items that make our lives productive and enjoyable. As Klaus Schwab understands, we will own nothing, rent everything, and be happy. He’s no visionary! We do this today. In terms of real estate, we rent from the state via taxation, the bank if we pay a mortgage, and from the marketplace in terms of frequently replaced and upgraded goods, services or enhancements for our homes. We rent our cars, either via loans or leases, we for all practical purposes we rent our phones and certainly lease the internet and data access we need to allow them to function. All of these transactions could certainly be wholly supported by a free market and priced accordingly – but we cannot ignore the “invisible hand” of a central bank, and its devoted service to a ravenous state.
The US economy is structured around, and the financia
Article from LewRockwell