{"id":52224,"date":"2020-04-06T15:21:20","date_gmt":"2020-04-06T20:21:20","guid":{"rendered":"https:\/\/olduvai.ca\/?p=52224"},"modified":"2020-04-06T15:21:26","modified_gmt":"2020-04-06T20:21:26","slug":"money-minus-value-no-limit","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=52224","title":{"rendered":"Money Minus Value, No Limit"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/kunstler.com\/clusterfuck-nation\/money-minus-value-no-limit\/\">Money Minus Value, No Limit<\/a><\/h3>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"wp-block-paragraph\">You understand, there will be no meaningful resuscitation of the dear, departed, so-called&nbsp;<em>greatest boom in history<\/em>. Ponzi schemes don\u2019t \u201cbounce back,\u201d they collapse for the simple reason that the pieces holding them up were not really there. Such are the unanticipated consequences of a media over-saturated culture that we were so easily deceived by appearances.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The emotions entrained by this implacable disaster have barely expressed themselves in the social arena. The public is still too shell-shocked by the prospect of losing everything \u2013 jobs, incomes, status, chattels, a future \u2013 to commence what the shrinks call \u201cacting out.\u201d Anyway, half the country is still acting out over the election of Mr. Trump three years ago.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But, for the moment, an interesting debate rages internationally as to whether the Covid-19 virus was some kind of engineered event designed to bring about various political outcomes. One thread declares that the Democratic Party, its media handmaidens, and a&nbsp;<em>helpful<\/em>&nbsp;Chinese leadership used the virus to blow up the US economy and finally, after several botched attempts, get rid of the vexing Mr. Trump. It\u2019s a tidy story, but I don\u2019t buy it, for the simple reason that the entire global economy has blown up, including China\u2019s, so you can file that meme in the Wile E. Coyote folder.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A gloss on that one is the idea that NIAID director Anthony Fauci and other medical experts are wicked conspirators bent on destroying American morale by overstating the threat of Covid-19. This includes the phrase that the novel corona virus is \u201cjust another seasonal flu,\u201d and so ordering people to stay away from work and business was unnecessary. Again, you\u2019d have to ask yourself why medical experts and other plausibly intelligent people in so many other countries would do exactly the same thing. They can\u2019t all be orcs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Money Minus Value, No Limit You understand, there will be no meaningful resuscitation of the dear, departed, so-called&nbsp;greatest boom in history. Ponzi schemes don\u2019t \u201cbounce back,\u201d they collapse for the simple reason that the pieces holding them up were not really there. Such are the unanticipated consequences of a media over-saturated culture that we were [&hellip;]<\/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":[2,4],"tags":[14964,28817,449,1616],"class_list":["post-52224","post","type-post","status-publish","format-standard","hentry","category-economics","category-environment","tag-clusterfuck-nation","tag-coronavirus","tag-james-howard-kunstler","tag-ponzi-scheme"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/52224","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=52224"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/52224\/revisions"}],"predecessor-version":[{"id":52225,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/52224\/revisions\/52225"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}