The frustrations of unfairness which Charles Hugh Smith and I laid out in the lastest Macro Analytics video (click to the right to play – see below for the agenda content) points to the essence of how we are all experiencing the effects of Financial Repression but increasing the additionally pressures of Social Suppression!
Our 2013 Thesis paper entitled “Financial Repression” warned of this Macroprudential Federal Reserve strategy. It is neither a conspiracy theory nor something nefarious. It is simply a practical well trodden economic solution for a society which consumes more than it produces.
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A economy that spends versus saves, robs capitalism of its core building block. That pillar is the reinvestment of savings into productive assets. It is economic savings that finance the strategically critical investments which delivers “more for less” and increases the overall standard of living of a society. This impact is now being clearly felt as the list of frustrations outlined in the video illustrates.
However, Social Suppression is something relatively new, or at least it is becoming more evident! It is increasingly showing itself in subtle but not so subtle forms which will, over time, decrease the innovation and productivity of a society.
There are many examples of growing Social Suppression:
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- Relentless increases in Regulations, Certifications, Licenses and Business Operation Codes,
- Laws enabling more encompassing “Emanate Domain” confiscation and increasing police asset seizures,
- Media Censorship under the cuisse of stopping hate speech, fake news or pollical spin & lies,
- Media news coverage delivered as ‘opinion narrative’ versus ‘fair & balanced’ informational news,
- A Growing Two Tier Social System. A system for the politically connected and another for those that aren’t:
- Legal: ‘Too Big to Jail’,
- Economic: ‘Haves & Have Nots’,
- Social: Those ‘In the know’ versus Those who subjected to Censorship
I intentionally did not list all the intrusive restrictions currently being ‘foisted’ on us associated with the pandemic. Many are needed while many are an infringement on our civil liberties. Many will enjoy their Thanksgiving in isolation from friends and family while others in some states will be wearing the recommended mask between bites! Where does this end? Or does it?
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LOVE OUR SURVITUDE
A central issue that became clear in the discussion during the video with Charles Hugh Smith is that we as individuals don’t have time to fight back on many of the social suppression frustrations we are increasingly experiencing.
We have come to rely on our elected officials to fight for us. We believe they have both the time and responsibility to do this. Unfortunately, we are wrong about this! Anyone who has dealt with either their Federal or State Congressman or Senator knows this only too well.
If you do, you will highly likely experience a bureaucratic wall. You will receive a polite deflection at best or a form ‘do nothing’ letter at worse. Your elected representative is not going to tackle the big problems that our list of frustrations highlighted in this month’s Macro Analytic video. They have neither the power nor frankly the ability to fight for us. They re forced to follow the party platform, agenda and priorities if they want campaign re-election support or key committee positions of influence.
The bottom line today is the power rests with the PARTY and the party bosses behind the scenes dealing with campaign finance and powerful corporate lobbyists.
Is it any wonder the US election results are being fought between the PARTIES and (likely) be settled by further unelected officials in the courts?
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“You would have to assume that it is no big deal based on the response to claims of widespread fraud in the contest between President Trump and Joe Biden. Big Media says the evidence just doesn’t exist, and most Americans seem to be lost in a blue haze of blind acceptance that whatever they are told by the talking heads on TV must be true. This kind of unthinking obedience to authority is a frightening harbinger of an America that is no longer a nation of laws, but rather a nation of edicts. You can already see that unfolding in the sheep-like acceptance of COVID-19 restrictions that blatantly ignore the Constitution. But if you dare do your own independent assessment of facts — whether regarding the efficacy of mask use in preventing spread of coronavirus or regarding the security of electronic voting — you will quickly come to a different conclusion than that which is approved by Big Tech, Big Media and Big Money.”
WE WARNED OF THIS IN 2013 – AND HERE WE ARE!
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The following three illustrations were ALL put together as part of our 2013 Thesis Paper entitled “Statism”. The full Thesis paper can be down loaded HERE.(82 PAGE PDF). It is eerie how prescient the following is, which has been taken from the Thesis paper.
NOTE: THE THREE GRAPHICS BELOW HAVE NOT BE ALTERED SINCE 2013
ALDOUS HUXLEY (Brave New World) VERSUS GEORGE ORWELL (1984)
As I wrote in the 2013 Thesis:
As a young man, I voraciously read George Orwell’s “1984”, Aldous Huxley’s “Brave New World”, and Alvin Toffler’s trilogy which included “Future Shock”‘, “The Third Wave” and “Power Shift”. I wondered about the future and how it might unfold. Now being considerably older, I can reflect back on my early thinking.
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- The two greatest visions of a future dystopia were George Orwell’s “1984” and Aldous Huxley’s “Brave New World.” The debate, between those who watched our descent towards corporate totalitarianism, was who was right. Would we be, as Orwell wrote, dominated by a repressive surveillance and security state that used crude and violent forms of control? Or would we be, as Huxley envisioned, entranced by entertainment and spectacle, captivated by technology and seduced by profligate consumption to embrace our own oppression?
- It turns out Orwell and Huxley were both right. Huxley saw the first stage of our enslavement. Orwell saw the second.
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We have been gradually disempowered by a corporate state that, as Huxley foresaw, seduced and manipulated us through:
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- Sensual gratification,
- Cheap mass-produced goods,
- Boundless credit,
- Political theater and
- Amusement
While we were entertained,
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- the regulations that once kept predatory corporate power in check were dismantled,
- the laws that once protected us were rewritten and
- we were impoverished.
Now that:
- credit is drying up,
- good jobs for the working class are gone forever and
- mass-produced goods are unaffordable,
We find ourselves transported from “Brave New World” to “1984.”
The state, crippled by massive deficits, endless war and corporate malfeasance, is sliding toward bankruptcy.
It is time for Big Brother to take over from Huxley’s feelies, the orgy-porgy and the centrifugal bumble-puppy.
We are moving from a society where we are skillfully manipulated by lies and illusions to one where we are overtly controlled.
NOTE: THE LEAD UP TO THE 2020 ELECTION WAS ABOUT POTENTIAL CHANGES TO THE COURTS & MATTERS OF CONSTITUTIONAL CHANGES (TO THE ELECTORAL COLLEGE, # OF SENATORS & FILLIBUSTERING)
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THE PARTY
Huxley, we are discovering, was merely the prelude to Orwell.
Now that the corporate coup is over, we stand naked and defenseless. We are beginning to understand, as Karl Marx knew:
Unfettered and unregulated capitalism is a brutal and revolutionary force that exploits human beings and the natural world until exhaustion or collapse.
POWER
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- “The Party seeks power entirely for its own sake,” Orwell wrote in “1984.”
- “We are not interested in the good of others; we are interested solely in power. Not wealth or luxury or long life or happiness: only power, pure power. What pure power means you will understand presently. We are different from all the oligarchies of the past, in that we know what we are doing. All the others, even those who resembled ourselves, were cowards and hypocrites.
- The German Nazis and the Russian Communists came very close to us in their methods, but they never had the courage to recognize their own motives. They pretended, perhaps they even believed, that they had seized power unwillingly and for a limited time, and that just round the corner there lay a paradise where human beings would be free and equal. We are not like that. We know that no one ever seizes power with the intention of relinquishing it. Power is not a means; it is an end. One does not establish a dictatorship in order to safeguard a revolution; one makes the revolution in order to establish the dictatorship.
- The object of persecution is persecution. The object of torture is torture. The object of power is power.”
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