The leaders can manipulate language and narration to further their own goals. The subtle system of nudges and benefits given to those who are compliant with spreading the message is easy to establish. Those, who are not compliant will be ridiculed, accused of being conspiracy theorists, and removed from the system. Once the access to media is set, controlling the narration and controlling what the majority of the voters think seems easy. However, inevitably, a cognitive dissonance creeps in. Gradually, those who benefit from the current system become more and more confident, with gestures tendering towards the equality of everyone...

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  • July 9, 2024

Fear makes humans irrational. Hence, in the face of perceived threat, in the name of security, we can be easily persuaded to give up liberty, or even decide that circumvention or even blatant breaking of the law is fine. Politicians have no qualms to use this knowledge to manipulate voters to their bidding.

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  • December 29, 2023

Our society got captured by the narrations, and the narrations do limit the allowed discussion space. We have narrations that deny scientific evidence while claiming that you are a ‘science denier’ when you point out counter-evidence. We are not allowed to see shades of grey, the media message wants us to be radical and see the world in black and white. Not following the line is a thoughtcrime.

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  • May 7, 2023

When the broader money supply M2 (as well as M1) shrinks, it means we have less money to pay for the goods. If the money velocity stays constant, the signal is deflationary. However, it also means, combined with higher interest rates that money is harder to get, with the loan action slowing: How far are we from breaking something significant? Some geopolitical shifts seem to indicate that not that far indeed. Brazil, Sauds, and many other countries, possibly including Turkey, are trying to find a new balance in a rapidly changing world. They are not swearing allegiance to the USA...

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  • April 17, 2023

When strange things are happening with no easy sensible explanation in sight, finding out cui bono can help. Moreover, as money makes the world go round, following money can give insight into what are the reasons for the situation we are in. The figure I took from John Rubino blog post caught my interest. I decided to check, and based on somewhat poor data from 2020 and a rough extrapolation to 2022, I calculated what would need to be the interest rate on the issued debt of the country so it would have to use up all the tax income...

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  • February 7, 2023

Battle not with monsters, lest ye become a monster, and if you gaze into the abyss, the abyss gazes also into you Friedrich Nietzsche, Beyond Good and Evil In 2022 we have seen a progression of sliding into the “new normal”, a newspeak term covering a somewhat scary message of reduction in human rights and freedom, increasing control, recession and economic hardship for individuals necessary or else the world we know will collapse. Not to mention that all those means already mean that the world we know is collapsing. In 2022, more than ever ‘we the people’ become divided into those...

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  • January 3, 2023

Have you ever heard about Gell-Mann Amnesia effect? Briefly stated, when you read the newspaper and there is an article on a subject you know much about, you see it is all wrong. Yet, we assume that the next article we read is fully correct and we tend not to ask questions. Now, combine it with the fact that we like to have our beliefs reinforced, even if they are wrong, and we have a recipe for a disaster. Or should I say a business opportunity? There may be many reasons to own a media group. Of course, this allows...

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  • December 9, 2022

We all are happy to have our beliefs reinforced. Many of us are also greedy. Some, like one Ex-City CEO, know that their investments are not too sound, but hope that they can get out before the music stops playing We are now facing the first wave of the most ridiculous investments to unwind. Suddenly, FT asks about due diligence (unfortunately, paywall), while the cash reserves of companies slowly reduce. We are not in the crisis yet, and when we will get there, to large extent depends on when the overleveraged investments will have to be wound down, dramatically reducing...

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  • December 1, 2022

The economy always gives at least an input to politicians, and understanding the sheer amount of money involved gives good perspective on what may influence those who had to make decisions. For the estimation of all the money in the world, check Jeff Desjardins‘ Visual Capitalist post: On the other hand, as famously said by Kissinger (who rephrased others), “Who controls the money, controls the world”. So, you may be surprised to learn that France guarantees, and to some extent, alongside European Central Bank, also controls the currency of 14 countries in Africa, being home to more than 193 million...

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  • November 30, 2022

I aim to give an alternative view and a different perspective on some of the events happening, quite often offering the ‘wrongthink’ view.

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  • November 29, 2022