[ExI] Tap tap….Hello? Is this thing on? (Or Zombie Apocalypse!)
Eugen Leitl
eugen at leitl.org
Tue Oct 1 11:39:11 UTC 2013
On Tue, Oct 01, 2013 at 12:27:35PM +0100, BillK wrote:
> Only the time of the default would be under their control. Thereafter
> chaos ensues.
Sure thing.
> So perhaps they would like a few more years to stockpile and prepare
> before defaulting.
They didn't bother to prepare for it before, why should you expect they'll
plan for a managed collapse in future? The sooner it blows, the less
the damage, after the smoke clears. Percussive maintenance of the economy;
it's the only thing left.
> Might as well keep the printing presses running while the good times roll.
It does indeed work very well, until it doesn't.
> (Good times for the top 1% only, but that's what matters).
Technically it's more ~0.1%, but, yes.
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