To all these charts add an aging population and the velocity of money.
It's a problem for "complexity science." Meaning there may be a useful pattern in it all. But, if AI turns out to be real, then AI might discover it. No human has so far.
PNK, every time I make a deep dive into this data, charts, and such, I feel like what is actually being exposed is that we, the people, are being ripped off big-time, and with 87k more "revenuers" bearing down on us in addition to the others legions of tax collectors, well, it is going to get worse, a lot worse.
As Robert Heinlein so pithily observed, "in a mature society, civil servant is semantically equivalent to civil master."
Any time government or private enterprise centralizes and gets "big", the rights and liberties of the people suffer
Our government is very big, and very big on enabling Big Business. So long as this paradigm is allowed to continue, our rights and liberties will be under constant attack.
To all these charts add an aging population and the velocity of money.
It's a problem for "complexity science." Meaning there may be a useful pattern in it all. But, if AI turns out to be real, then AI might discover it. No human has so far.
What velocity of money? The velocity of the dollar dropped to near zero in 2020 and has stayed there.
It's the lack of money velocity that enabled the Fed's liquidity glut to avoid sparking hyperinflation.
PNK, every time I make a deep dive into this data, charts, and such, I feel like what is actually being exposed is that we, the people, are being ripped off big-time, and with 87k more "revenuers" bearing down on us in addition to the others legions of tax collectors, well, it is going to get worse, a lot worse.
Am I wrong?
Another excellent article, thanks!
As Robert Heinlein so pithily observed, "in a mature society, civil servant is semantically equivalent to civil master."
Any time government or private enterprise centralizes and gets "big", the rights and liberties of the people suffer
Our government is very big, and very big on enabling Big Business. So long as this paradigm is allowed to continue, our rights and liberties will be under constant attack.