grey's avatar
grey yesterday
Game theory tells us that, most of the time, collaboration and honesty make sense. This is why humans are social animals that prefer peace to war. The only exception is when you’re not planning to play another round. Then, the incentive is to lie, cheat and steal. Grab everything you can. Loot the treasury. That seems to be where we are.
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Toxic Bitcoiner's avatar
Toxic Bitcoiner toxicbitcoiner@Nostrplebs.com yesterday
I think they do think there will be another round, otherwise why seize underlying collateral like securities that would be worthless in the absence on another round? It’s a long term debt cycle reset, like 1944. They’re true believers in the central banking model and therefore, I expect they think it will persist. They’ll still loot as much as they can.
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