click on the above graph to understand why this is important.

A very good assesment of our current economic outlook as of November 2025. A summary to wit:

The way to cut the bourgeoisie is to grind them between the millstones of taxation and inflation – Vladimir Lenin
Private Sector. If you do not change direction, you may end up where you are heading – Lao Tzu
Misallocation of Capital. The two great aims of industrialism – replacement of people by technology and concentration of wealth into the hands of a small plutocracy – seem close to fulfillment – Wendell Berry
Globalism and China. Over recent years, urbanisation, globalisation, and the destruction of local cultures has led to a rise in the prevalence of mental illness in the developing world – Iain McGilchrist.
Deflation and Chaos. The way you create deflation is you create an asset bubble – Stanley Druckenmiller
Inflation – The Main Event. In the absence of the gold standard, there is no way to protect savings from confiscation through inflation – Alan Greenspan
Conclusion. The inflation comes through either increasing the money supply or increasing the government spending, and that’s what happened under Biden – Scott Bessent

3136 words     Read On

Many of Washington’s dysfunctions—and dysfunctional players—got their start under the Georgian.

Hodding Carter, a journalist who served as State Department spokesman under Cyrus Vance... condemned Brzezinski as “a second-rate thinker in a field infested with poseurs and careerists [who] never let consistency get in the way of self-promotion or old theories impede new policy acrobatics.”

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