35 min listen
The Core: The Importance of Connectors
FromLet's Appreciate
ratings:
Length:
27 minutes
Released:
Oct 26, 2021
Format:
Podcast episode
Description
So whats going on here? We have bad policy (and we CAN fix this, as Huntsman outlines, as CoinCenter advocates for, etc).
We have inflation - We do have rising prices in the U.S., and this is mostly a function of high demand and constrained supply chains, as well as outsized fiscal and monetary stimulus.
However this is not hyperinflation - what happened in Weimar is that they were trying to spend their way out of a war debt situation, with the assumption that they would win the war (which didn’t work) and instead they inflated away their economy
The main takeaway from this piece is:
Policy is fundamentally broken (and we already knew that). And we know that we can fix it. We just have to engage.
But policy is broken because we have forgotten about the connectors. We have become so accustomed to the “consumption on-demand” society that we operate in that we have forgotten that this society hinges on people.
We have to remember people are behind EVERYTHING. Take care of each other.
We have inflation - We do have rising prices in the U.S., and this is mostly a function of high demand and constrained supply chains, as well as outsized fiscal and monetary stimulus.
However this is not hyperinflation - what happened in Weimar is that they were trying to spend their way out of a war debt situation, with the assumption that they would win the war (which didn’t work) and instead they inflated away their economy
The main takeaway from this piece is:
Policy is fundamentally broken (and we already knew that). And we know that we can fix it. We just have to engage.
But policy is broken because we have forgotten about the connectors. We have become so accustomed to the “consumption on-demand” society that we operate in that we have forgotten that this society hinges on people.
We have to remember people are behind EVERYTHING. Take care of each other.
Released:
Oct 26, 2021
Format:
Podcast episode
Titles in the series (100)
the theories of interconnectivity by Let's Appreciate