Think of reality as energy pushing out, as structure coalesces in. Like galaxies.
As these biological organisms, our heart and gut process the energy driving us on, while the central nervous system sorts and orders the information. Motor and steering.
The anarchies of desire, versus the tyrannies of judgement.
Government, as the executive and regulatory function, is effectively the central nervous system of society, while money and banking are analogous to blood and the circulation system.
There was a time when government was private, but evolved to become a public utility. While banking remains private, but in its, "Let them eat cake." stage.
The effect is this gives banking much more leverage over government, as politicians can only plan around election cycles and are easily bought.
Eventually banking will have to become a public utility as well.
The fact is the functionality of money is its fungibility, so we own it like we own the section of road we are on, or the air and water flowing through our bodies. It's not our picture on it, we don't hold the copyrights and are not responsible for its value, like a personal check.
The problem is that we are linear, goal oriented creatures in a cyclical, circular, feedback generated reality, so while markets need money to circulate, people see it as signal to extract and store. The medium has become the message.
Econ 101 says money is both medium of exchange and store of value, yet one is dynamic, while the other is static. Blood is a medium, fat is a store. Roads are a medium, parking lots are a store. The hallway way is a medium, the hall closet is a store. The average five year old understands that, even if they don't always practice it.
So ever more has to be added and ever more metastatic methods of storing what has been extracted have to be devised. Since it functions as a contract, with the asset backed by the debt, storing the asset requires manufacturing debt. Which has become the driving element of our society, getting people to buy stuff, but make sure they can't, or just barely afford it.
The debtor of last resort is the government. The capital markets could not function, without the government siphoning up trillions in surplus investment money. The wars are just a way to make it go away, so more can be borrowed.
Overall the dynamic is entirely appetite driven, so it has all the strategic awareness of bacteria, without even any perception of petri dishes. That's why our billionaires are all into space travel, rather than cycling value back into the world.
Basically it's all educational. Without the ups and downs, it's a flatline and I suspect we are closer to the end of the beginning, than beginning of the end.
The mother of all reality checks is in the mail.
Happy Easter.
