{"id":44421,"date":"2019-03-12T15:41:41","date_gmt":"2019-03-12T20:41:41","guid":{"rendered":"https:\/\/olduvai.ca\/?p=44421"},"modified":"2019-03-12T15:43:23","modified_gmt":"2019-03-12T20:43:23","slug":"heres-the-problem-the-pie-is-shrinking","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=44421","title":{"rendered":"Here’s The Problem: The Pie Is Shrinking"},"content":{"rendered":"\n

Here’s The Problem: The Pie Is Shrinking<\/a><\/h3>\n\n\n\n

At that point, the only way to enable debt-serfs to service their debts is too give them free money, i.e. Universal Basic Income (UBI).<\/em><\/p>\n\n\n\n

Scrape away the churn and distraction and the problem is simple: the pie of prosperity is shrinking, and the “fixes” are failing.<\/strong>\u00a0The status quo arrangement is based on the endless expansion of “growth” and debt, which is the monetary fuel of more, more, more of everything: money, energy, resources, goods, services, jobs, wealth and income, all of which make up the elixir of prosperity.<\/p>\n\n\n\n

Prosperity is shorthand for a positive return on investment (ROI), a.k.a.\u00a0primary surplus<\/em>.<\/strong>\u00a0Prosperity is the result of there being a surplus which can be distributed after capital, resources and labor are put to work.<\/p>\n\n\n\n

The higher the return on investment, the more surplus there is to distribute.<\/strong>When the surplus is bountiful, there’s enough to go around for everyone to feel that life is getting better.<\/p>\n\n\n\n

But all systems eventually track an S-Curve of rapid growth, maturation and depletion\/decline, and surpluses diminish: the pie stops expanding and starts shrinking.<\/strong>\u00a0There’s less to go around, and suddenly the political squabbling intensifies as every elite and every constituency seeks to preserve their slice of the pie at the expense of others.<\/p>\n\n\n\n

This means shifting the losses of purchasing power and prosperity onto others without appearing to do so.<\/strong>\u00a0Openly ripping a slice from the grasping hands of another elite or constituency will launch a protracted political battle, as every group will fight to the death to keep its share untouched.<\/p>\n\n\n\n

By far the best ways to shift the losses to others are 1) inflation (reducing the purchasing power of their income) and 2) creating\u00a0phantom wealth<\/em>\u00a0that can be used to buy up all the income-producing assets.<\/strong>\u00a0Unsurprisingly, this is precisely what we see happening globally.<\/p>\n\n\n\n

\u00a0\u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"

Here’s The Problem: The Pie Is Shrinking At that point, the only way to enable debt-serfs to service their debts is too give them free money, i.e. Universal Basic Income (UBI). Scrape away the churn and distraction and the problem is simple: the pie of prosperity is shrinking, and the “fixes” are failing.\u00a0The status quo […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,3,4,7],"tags":[127,391,3286,587,5126,14816,2247],"class_list":["post-44421","post","type-post","status-publish","format-standard","hentry","category-economics","category-energy-2","category-environment","category-survival-2","tag-charles-hugh-smith","tag-growth","tag-investment","tag-of-two-minds","tag-return-on-investment","tag-shrinking-pie","tag-surplus"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/44421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44421"}],"version-history":[{"count":2,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/44421\/revisions"}],"predecessor-version":[{"id":44423,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/44421\/revisions\/44423"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}