Money for Nothing and Nothing for Money

by James Howard Kunstler
Kunstler.com

“Society lives and acts only in individuals…. Everyone carries a part of society on his shoulders; no one is relieved of his share of responsibility by others. And no one can find a safe way out for himself if society is sweeping towards destruction. ” – Ludwig von Mises

Remember, you are a sovereign individual and the blob in our nation’s capital city is an undifferentiated mass of feckless protoplasm. You contain a cosmos of ideas and aspirations. The blob is an agglomeration of sham and failure. The blob stands for itself, not for our country. You and I can stand for our country.

Remember, also, that the economy of our country at its best was the sum of choices made by sovereign individuals, while the economy of the blob is a gelatinous buildup of unsound hypothesis having nothing to do with the pursuit of happiness. We sense this in the menacing rumors of a Federal Reserve digital currency, which entails the rehypothecation of our hopes and dreams into the blob’s waste-stream, turning everything we do — it can’t be put delicately — into shit.

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