Posted To Billy Mitchell”s Blog 12/07/2015

Yes we’re all becoming “frogs slowly and cozily boiled in oil”. That’s how the delusions of DSGE become truth…and eventual rebellion, frustration and war become “human nature”. That is indeed the nature of homo economicus. Homo sapiens would have almost entirely different reactions…if it were ever given the economic and monetary chance with policies of abundance instead of austerity.

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