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RE: The growing fear of rising inflation

in LeoFinance3 years ago

Not that I want there to be more massive economic collapses but I'm kind of curious as to what the endgame is or whether the "at the top" people are actually stupid enough to think that they can continue as they are indefinitely.

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I don't think it is some kind of organized cabal doing this, at least not completely. I think that incentives are aligned to encourage this behavior and each thinks - it is just me or everyone is doing it. It is like pollution in many ways, someone throws a cigarette butt out the window - but when a billion pack a day smokers do the same for years.

Doesn't need to be an organised cabal (though they seem to make the best stories). Just everyone thinking they are justified and entitled to take endlessly and feel deeply, mortally offended if anyone suggests they should give too.

Oh wait XD

They are not stupid. They are arrogant enough to think they can defeat the laws of math and science through the power of their "superior" intelligence. OK, I guess that is stupid, because truly smart people (and I have known many) are humbled by an awareness that all their intelligence is just a tiny fraction of everything there is to know in the universe. Perhaps we could describe them as smart people who have been made stupid by their arrogance? !BEER

Seems like an adequate description XD It was a very loose "stupid" as they (theoretically x_x) can't be that stupid if they're in the position they're in right.


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