NIRP is late!
Thinking about ZIRP and NIRP. For some reason my elderly so-called "mind" forgot the initials in ZIRP and NIRP, and substituted 'return' for 'rate'.
BLAMO! Got it. Diminishing RETURNS, zero RETURNS, negative RETURNS.
ZIRP/NIRP is nothing new.
In fact it's an extreme latecomer among Chosen crimes. In MANY other areas of life we've gone through these stages:
1. Normal civilization. Activists don't exist. Activist effort below zero.
2. Activists are triggered by elite desire for money and power. Elites tell activists to start "reforming" normal civilization.
3. Activists work harder. For a while, typically a decade, civilization appears to be improving.... at least for the target groups defined by the elites.
4. Activists respond to the real-looking change by working EVEN HARDER. Vicious circle.
5. The room for change is used up. Things seem to be going wrong! Oh no! Those horrible Other Partyan Denialist Tinfoil Troll Halliburton Bushitler Kipper Koch Koch Koch KKK Koch Koch Koch KKK must be interfering with our efforts! Need to work EVEN HARDER and get CRAZY AND VIOLENT!
6. Because the activists are pushing in crazy directions, civilization starts to rebel. REAL Other-Partyans push hard in the other direction, and often get CRAZY AND VIOLENT as well. Return hits zero.
7. And here we are. Activists continue at MAXED OUT CRAZINESS while the result turns purely negative. We are getting the EXACT OPPOSITE of the NOMINALLY desired result.
8. But this is really the desired result. Total chaos and total death except for the Chosen.
= = = = =
We've seen this curve from normal to diminishing returns to negative returns in all sorts of specific areas.
Pollution: Activists began around 1970. By 1980 some heavy-metal and sulphur pollution was actually cleaned up. By 1990 the activists switched to the Carbon Cult. Now we're seeing increased pollution from forest fires (caused directly or indirectly by environmentalists). As EU switches from clean nuclear to dirty wood and coal, the old heavy-metal pollution is coming back.
Medicine: From 1800 to 1980, vaccines and antibiotics worked miracles. Diseases that had formerly killed or crippled massive numbers of people were eradicated. After 1980 the use of antibiotics continued to increase after the targets had decreased. Cures dropped to zero, then natural adaptation made the microbes unkillable. Now we're in negative territory, creating disease instead of curing.
Car safety: Around 1970 seat belts and related 'soft parts' made a SERIOUS improvement in death rates. Now airbags are killing people instead of saving them. Total software control makes cars unstoppable. Next, total self-driving cars will be self-motivated killers.
Labor unions: Earlier than most. Unions were desperately needed in 1820. By the time they grew strong in 1880, Social Economics
was well under way, eliminating the abuses that unions were needed to oppose. By 1930 we hit the neutral point, with some industries still needing unions but most unions colluding with capitalists. Since 1970 we're purely negative. All unions are now pure Mafias, purely running with the Chosen to squash the working class.
Journalism: Admittedly the starting point was already negative here. We haven't had simple honest journalism since the days of town criers and Watchers On The Wall. Nevertheless, around 1970 the activists used Watergate to 'reform' journalism, starting a downward slide into pure falsehood. Around 1990 cable "news" took the curve into raw brain-ripping chaos.
"Civil" "Rights": Activists got serious around 1954, first killing a school system that had worked reasonably well. Around 1965 the activists moved LBJ to replace jobs by welfare, making black males unnecessary. Around 2010 Prophet Sharpton started killing cops, making life completely intolerable for ordinary black families.
(Other branches of "rights": feminism, LGBTQQ2AAPLBCDEFGOOGHIJKLMNOPQRSTUVWXYZ, disabled "rights", inmate "rights" .... run along similar patterns. Some of these started much later and haven't crossed zero yet.)
National defense: We've gone through a couple of major cycles in recent history. After the Wilson insanity we had returned to normal by 1935. In 1941 we responded to a huge attack with a huge war, which is normal. Korea was an oddity,
but basically we returned to the normal process of minding our own business and watching the enemy. 1965: LBJ got hyperactive, "reforming" our war effort toward a direction more suitable to elite contractors. After Vietnam, another halfway fallback toward normal. 1990, Bush The Father got hyperaggressive and "reformist" again, leading to an advertised "end of history". We passed zero in 2001 when "defenses" completely failed. We responded to a huge attack by committing national suicide, which is described as "Bush Kept Us Free". Now we're zooming WAY down below the zero line, with constant war that yields more constant war. Genocidal positive feedback.
National economy: As of 1960 we had a properly self-contained economy. We imported a few raw materials but mainly used our own resources, built our own products, paid workers to build, and sold the products to Americans plus some exports. In 1970 the elites started to 'reform' this setup by breaking the gold standard. This made it possible to create money by pure math. In 1999 the last barrier to pure math was broken. Now all the elements of a proper economy are gone, replaced by infinite wealth for the Chosen, who have exclusive control of the math machine.
And finally interest rate. Normal functioning before 1913. Government didn't try to control it, because government understood that interest was a natural feedback mechanism. In 1913 gov't acquired the tools to control interest but didn't seem to realize the potential. It wasn't until 2000 that gov't started to pull down on this natural variable. After that, the typical process took over. At first we had an apparent "benefit" to the foolish part of the population. The activists (called "doves" or "easers" in true Orwellian form) screwed the vise shut. As usual this wasn't enough. Stealing ALL the money and savings and morality and common sense and truth away from honest people is never enough. Never enough. Never enough. The Chosen always must go INFINITELY BEYOND INFINITELY BEYOND INFINITELY BEYOND ALL.
In other parts of life there's a physical limit to the power or material wealth you can steal. In the realm of pure money, now that the math machine is fully assembled and fully autonomous, there's no limit.
Labels: 20th century Dark Age, Carbon Cult, the broken circle