"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)
Mischa /
npub1ge…q2sw4
2023-02-21 02:10:04
in reply to nevent1q…lqjz
Author Public Key
npub1ged3dl57synhvwrmry0e96a3j6zpzptc0hmxhfz02ywmxe7mga3svq2sw4Published at
2023-02-21 02:10:04Event JSON
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"content": "\"Everyone gets the price they deserve\"\n\nI 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.\nAll because of proximity to the money printer and often able to hand down the monopoly to their descendants.\nWhen I ask their justification for getting something for nothing they often reply\n\"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\"\n\nGenuine question now.\nWhen 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?\n\n(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) ",
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