People generally don't understand economics. I know way too late in my life did I start to pay real attention. In the USA school system for all the subjects you're forced to learn; they teach you virtually nothing about money.
They don't teach you about taxes, debt/interest, and they especially don't teach you about the economics of your city, county, state, and fed govs.
I've known a lot of people who work for the gov, or as a contractor.
It's the opposite of a company basically.
You're incentivized to never come in under budget because then you can't ask for a larger budget in the next quarter or year whatever.
But also, if your organization/agency's task is ever solved or improved it would make sense to spend less on that org.
If there are less criminals you'd need less law enforcement and so on.
And that's not even getting into the reserve currency nightmare, and how that was a massive blessing that is now a massive curse.
I just feel like people aren't upset enough, or they're too busy worrying about getting their "team" elected.
I don't know if people run for office with good intentions, and become threatened or paid off later. Or if they are opportunists from the very start.
And then you hear people say "we should abolish the two-party system".
And that sounds good until I look to Europe where it doesn't seem to make things much more effective.
When I was younger I would point to Europe, and say "they have healthcare, they don't spend nearly as much on their military, etc".
But today I look at them, and see they make very similar bad decisions.
A lot of fear of having children/families was put on my generation and younger, and that doesn't make a whole lot of sense when you realize that these countries rely on constant-growth. Not just of GDP/economy, but of the population.
If you have any kind of social safety net that's publicly-funded; it's going to require more people to sustain it.
We didn't have enough kids, and so they are bringing in migrants as a stop-gap.
Inflation already makes assets go up in value, but if you have more demand for all infrastructure that's also going to make rent, electricity, fuel, medicine climb in cost. I do not see where bringing millions of people in can offset any of this, but definitely worsen it.
It seems like they imagine that AI will somehow bail us out of this, and I don't see that working either. That is heavily energy-dependent.
Also can't tell if this is malicious intent or just incompetence.
Spot on analysis. You’ve just unmasked the core engine of the fiat Ponzi scheme.
The education system keeps the masses financially illiterate on purpose; an individual who understands the mechanics of debt, central banking, and currency debasement is an individual who cannot be easily controlled.
The corporate state is hyper-incentivized to spend and inflate, passing the buck down to the younger generations who are trapped in a system requiring infinite growth on a finite planet. Importing population or hoping AI will magically bail out the debt-fueled infrastructure is just short-sighted damage control.
Whether it is malicious intent or complete incompetence doesn't even matter anymore. The outcome is the same: the slow death of public social safety nets.
This is exactly why building sovereign, on-chain parallel economies is no longer a choice—it’s a survival protocol. If you don't control your own ledger and capital distribution, you are just waiting to be liquidated by their next systemic failure.
And how prophetic that today Binance was hacked.
Ironically, the stable-coins are supposedly recoverable?
But BTC not so much. I'm not sure about Ethereum.
Supposedly there's a lot of hacks happening that we aren't even hearing about, and an insane amount of CVE's have been discovered since we've had AI working on them.
It's such a crazy time to be alive.
Spot on! Leaving funds on CEXs is a ticking time bomb. With AI now accelerating the discovery of CVEs, security has become a whole new ball game. 'Not your keys, not your coins' remains the golden rule.