A productivity boom from AI accelerates the debt problem (which is the money most people are measuring through today) versus fixing it. So many people have this backwards. The debt will only be repaid through debasement.

I often think about this Chomsky quote when thinking about politics, economics, the rate of inflation, how much debt, etc and people’s actions in this crazy world we live in. “The smart way to keep people passive and obedient is to strictly limit the spectrum of acceptable opinion, but allow very lively debate within that spectrum. Even encourage the more critical and dissident views. That gives people the sense the there’s free thinking going on, while all the time the presuppositions of the system are being reinforced by the limits put on the range of debate”. Ps - “The natural state of a free market is deflation” is outside those presuppositions

Loved this comment on one of my recent podcasts: Two families roll into a new town and ask the old man at the gate what the people are like. First family: “Back home they were selfish, cold, always looking for something to hate.” Old man: “That’s what you’ll find here.” Second family: “Back home they were decent, generous, easy to live with.” Old man: “That’s what you’ll find here.” Someone watching asks why he lied to one of them. He didn’t. You don’t move to a new town. You bring the one you already live in.

Observing how “other” people’s minds are changed and what they will say and do to others from their new righteous belief systems makes me ever more vigilant in questioning where my own thoughts and actions originate from and if they are aligned to how I want to live my own life.