Mischa on Nostr: "Everyone gets the price they deserve" I think we're exposing an attack surface on ...
"Everyone gets the price they deserve"
I think we're exposing an attack surface on ourselves with that statement. To explain, I've known some very wealthy fiat banking families who have monopolistic advantage - being close to low interest money spigots and then on-selling at a higher rate. Plus amplification with leverage.
All because of proximity to the money printer and often able to hand down the monopoly to their descendants.
When I ask their justification for getting something for nothing they often reply
"If we're smart enough to find opportunity and shut out all competition and keep it for ourselves and family, we deserve every penny that comes to us"
Genuine question now.
When it's our turn to become oligarchs, or the next 0.1% are we going to say the same? That we deserve everything that comes to us because we were smart enough to find opportunity and keep it?
(I spend a lot of time pondering the direction of future narratives and how populists might assemble the masses who were left behind to come for us)
I think we're exposing an attack surface on ourselves with that statement. To explain, I've known some very wealthy fiat banking families who have monopolistic advantage - being close to low interest money spigots and then on-selling at a higher rate. Plus amplification with leverage.
All because of proximity to the money printer and often able to hand down the monopoly to their descendants.
When I ask their justification for getting something for nothing they often reply
"If we're smart enough to find opportunity and shut out all competition and keep it for ourselves and family, we deserve every penny that comes to us"
Genuine question now.
When it's our turn to become oligarchs, or the next 0.1% are we going to say the same? That we deserve everything that comes to us because we were smart enough to find opportunity and keep it?
(I spend a lot of time pondering the direction of future narratives and how populists might assemble the masses who were left behind to come for us)