The System Has No Reverse
My work will always be free, but you can help me do more. I want to be on the ground more talking to people. As a paid subscriber you’ll help me do that. I am shooting for 100 more paid subscribers by year’s end. Only 18 to go! Half of America just named cost of living as their biggest personal challenge. Healthcare costs, rent, groceries, childcare, gas. The basics. That’s what’s breaking people financially and emotionally. Friday I wrote about how we lowered our expectations. This one is about the machine that made that permanent. The economy we’re living inside wasn’t built with a reverse gear. It doesn’t go backwards. Prices don’t come down. Not in any systemic way. The only time prices actually fall is during a collapse. A depression. A crash. And when that happens, the wealthy swoop in and gobble up everything the rest of us built for pennies on the dollar. That’s the only reverse this system has. Pain for us, opportunity for them. When inflation spiked to 9%, the Federal Reserve
Half of America just named cost of living as their biggest personal challenge. Healthcare costs, rent, groceries, childcare, gas. The basics. That’s what’s breaking people financially and emotionally. Friday I wrote about how we lowered our expectations. This one is about the machine that made that permanent. The economy we’re living inside wasn’t built with a reverse gear. It doesn’t go backwards. Prices don’t come down. Not in any systemic way. The only time prices actually fall is during a collapse. A depression. A crash. And when that happens, the wealthy swoop in and gobble up…
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