Academic intellectual people have always been jealous of those who are artistic and good with their hands - that is why they have gone to such extraordinary lengths to control the world; from making highly imaginative children feel stupid in school, to forcing everyone to do everything via their box-ticking icon-clicking inter-net. Their crowning achievement though, is to take something as simple and practical as money, and twist it and invert it through so many convulsions and contradictions, that entire industries of finance have been erected to trade in products that are in fact nothing but agreements between other people. And yet, due to the sharp, heartless intelligence of these scheming intellectuals, we all have to go along with it, for they are literally re-creating the world in their image.
Friday, January 8, 2021
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I enjoyed this post. For reasons I still can't explain, I engaged in quite a bit of reading and research into money and economics in the lead up to the 2008/2009 financial crisis. What I learned through my reading, and what I witnessed during the crisis revealed that contemporary finance is essentially black magic. The only questions in my mind now are: how much longer will the dark spells last? And what will replace them when they finally dissolve from whence they came?
ReplyDeleteThank you Frank, I agree, it is black magic, and I have no idea how it will ever end, unless everyone decides to see it for what it is.
DeleteThe post was prompted by my current experience of applying for a mortgage. I feel like I am now participating in the black magic, against my better judgement. Do I have any choice? Does anyone?