<div dir="ltr"><div><div style="font-size:small" class="gmail_default">I don't have the least idea of what you are talking about</div><div style="font-size:small" class="gmail_default"><br></div><div style="font-size:small" class="gmail_default">Best wishes,</div><br>Keith<br></div><br></div><br><div class="gmail_quote gmail_quote_container"><div dir="ltr" class="gmail_attr">On Thu, Oct 15, 2026 at 10:56 AM spike jones via extropy-chat <<a href="mailto:extropy-chat@lists.extropy.org">extropy-chat@lists.extropy.org</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex"><div class="msg-146366129068759612"><div style="overflow-wrap: break-word;" lang="EN-US"><div class="m_-146366129068759612WordSection1"><p class="MsoNormal"><span style="font-size:11pt;font-family:"Calibri",sans-serif"><u></u> <u></u></span></p><p class="MsoNormal"><span style="font-size:11pt;font-family:"Calibri",sans-serif"><u></u> <u></u></span></p><div style="border-color:rgb(225,225,225) currentcolor currentcolor;border-style:solid none none;border-width:1pt medium medium;padding:3pt 0in 0in"><p class="MsoNormal"><b><span style="font-size:11pt;font-family:"Calibri",sans-serif">…</span></b><span style="font-size:11pt;font-family:"Calibri",sans-serif">> <b>On Behalf Of </b>John Clark via extropy-chat<br><b>Subject:</b> [ExI] Inflation and the 2024 election<u></u><u></u></span></p></div><p class="MsoNormal"><u></u> <u></u></p><p style="margin-right:0in;margin-bottom:15pt;margin-left:0in;line-height:19.5pt"><span style="font-family:"Arial",sans-serif">…<span style="color:rgb(54,55,55)"><u></u><u></u></span></span></p><p style="margin-right:0in;margin-bottom:15pt;margin-left:0in;line-height:19.5pt;unicode-bidi:plaintext"><b><span style="font-size:13.5pt;font-family:"Arial",sans-serif">>…<span style="color:rgb(54,55,55)">And there’s a big risk that the succession of inflation shocks will do what the post-Covid shock didn’t: get entrenched in expectations, so that we will need a recession to get inflation back down</span>… John<u></u><u></u></span></b></p><p style="margin-right:0in;margin-bottom:15pt;margin-left:0in;line-height:19.5pt"><b><span style="font-size:13.5pt;font-family:"Arial",sans-serif"><u></u> <u></u></span></b></p><p style="margin-right:0in;margin-bottom:15pt;margin-left:0in;line-height:19.5pt"><b><span style="font-size:13.5pt;font-family:"Arial",sans-serif">Note in political commentary on this subject the conflation of prices and inflation. Once inflation has occurred, prices do not come back down, even if inflation goes to zero. Inflation seldom goes negative, and if it does, that has its own dire consequences. Inflation is the devaluation of currency, and it is a one-way road. If we argue that inflation was already back down in 2024, prices were staying up. Even if oil prices drop and resulting fuel prices drop, prices are generally sticky downward. The voters may not get that.<u></u><u></u></span></b></p><p style="margin-right:0in;margin-bottom:15pt;margin-left:0in;line-height:19.5pt"><b><span style="font-size:13.5pt;font-family:"Arial",sans-serif">Consider the alternative explanation for the results of the 16, 20 and 24 elections, what I call the anaphase theory, with the term anaphase calling out to you from your high school biology class. Reminder:<u></u><u></u></span></b></p><p style="margin-right:0in;margin-bottom:15pt;margin-left:0in;line-height:19.5pt"><b><span style="font-size:13.5pt;font-family:"Arial",sans-serif"><a href="https://duckduckgo.com/?q=anaphase+mitosis&atb=v135-1&t=chromentp&ia=images&iax=images&iai=https%3A%2F%2Fstatic.vecteezy.com%2Fsystem%2Fresources%2Fpreviews%2F011%2F972%2F454%2Foriginal%2Fanaphase-of-mitosis-vector.jpg" target="_blank">https://duckduckgo.com/?q=anaphase+mitosis&atb=v135-1&t=chromentp&ia=images&iax=images&iai=https%3A%2F%2Fstatic.vecteezy.com%2Fsystem%2Fresources%2Fpreviews%2F011%2F972%2F454%2Foriginal%2Fanaphase-of-mitosis-vector.jpg</a><u></u><u></u></span></b></p><p style="margin-right:0in;margin-bottom:15pt;margin-left:0in;line-height:19.5pt"><b><span style="font-size:13.5pt;font-family:"Arial",sans-serif">The opposition party’s loss to the unpopular guy who won two of those three contests is explained by its being deep in the anaphase of mitosis now. On one pole, the traditional democrat thought leaders, Joe, Nancy Pelosi, Robert Kennedy Jr, Chuck Schumer, comedians Jon Stewart, Bill Maher, strategist James Carville, that crowd. On the other pole, Rep. Cortez, Bernie Sanders, Abdul El Sayed, Hasan Piker, Ilhan Omar, that crowd. Understanding the anaphase theory is all we need: the democrat party is fighting World War Eleven within its own ranks, or you prefer more peaceful terms (I do) it is undergoing mitosis, and is currently in the anaphase.<u></u><u></u></span></b></p><p style="margin-right:0in;margin-bottom:15pt;margin-left:0in;line-height:19.5pt"><b><span style="font-size:13.5pt;font-family:"Arial",sans-serif">spike<u></u><u></u></span></b></p><p style="margin-right:0in;margin-bottom:15pt;margin-left:0in;line-height:19.5pt"><b><span style="font-size:13.5pt;font-family:"Arial",sans-serif"><u></u> <u></u></span></b></p><p style="margin-right:0in;margin-bottom:15pt;margin-left:0in;line-height:19.5pt"><b><span style="font-size:13.5pt;font-family:"Arial",sans-serif"><u></u> <u></u></span></b></p><p style="margin-right:0in;margin-bottom:15pt;margin-left:0in;line-height:19.5pt"><b><span style="font-size:13.5pt;font-family:"Arial",sans-serif"><u></u> <u></u></span></b></p><p style="margin-right:0in;margin-bottom:15pt;margin-left:0in;line-height:19.5pt"><span style="font-family:"Arial",sans-serif;color:rgb(54,55,55)"><u></u> <u></u></span></p></div></div>_______________________________________________<br>
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