Down the Rabbit Hole
“The hurrier I go, the behinder I get,” is oft attributed to the White Rabbit from Lewis Carroll’s, Alice in Wonderland. Where this axiom appears within the text of the story is a mystery. But we suspect the White Rabbit must utter it about the time Alice follows him down the rabbit hole.
Pick a rabbit to follow…
No doubt, today’s wage earner knows what it means to work harder, faster, and better, while slip sliding behind. However, for many wage earners the reasons why may be somewhat mysterious. At first glance, they may look around and quickly scapegoat foreigners for their economic woes.
Yet like Wonderland, things are often not as they first appear. When it comes to today’s financial markets, there is hardly a connection to the real economy at all. Stock markets are just off record highs, yet 6 in 10 Americans don’t have $500 to cover an unexpected bill.
A curious fellow may look around and find more questions than answers. Where is the money coming from? Where is it going?
Before he knows it, he’s gone down the rabbit hole where he observes the darnedest things. He may even discover that the Federal Reserve, with its fiat money, has created and perpetuated insane and incomprehensible levels of debt. And that this, in turn, has blown the economy up into a massive financial bubble.
Before he knows it, he’s gone down the rabbit hole where he observes the darnedest things. He may even discover that the Federal Reserve, with its fiat money, has created and perpetuated insane and incomprehensible levels of debt. And that this, in turn, has blown the economy up into a massive financial bubble.
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