Tuesday, February 14, 2012

Great Quotes

Too busy for a full blog post, but I just read an article and had to share some of the fantastic quotes:

The True Value of Money – or Why You Can't Fart a Crashing Plane Back Into the Sky
by Charlie Booker, The Guardian
...Banknotes aren't worth the paper they're printed on. If they were, they'd all have identical value. Money's only worth what the City thinks it's worth. Or, perhaps more accurately, hopes it's worth. Coins should really be called "wish-discs" instead. That name alone would give a truer sense of their value than the speculative number embossed on them.

The entire economy relies on the suspension of disbelief. So does a fairy story, or an animated cartoon. This means that no matter how soberly the financial experts dress, no matter how dry their language, the economy they worship can only ever be as plausible as an episode of SpongeBob SquarePants. It's certainly nowhere near as well thought-out and executed.

No one really understands how it all works: if they did, we wouldn't be in this mess. Banking, as far as I can tell, seems to be almost as precise a science as using a slot machine. You either blindly hope for the best, delude yourself into thinking you've worked out a system, or open it up when no one's looking and rig the settings so it'll pay out illegally...

It is the frantic drive to maintain that suspension of disbelief on the part of the public and the media types they choose to pay attention to that is driving the current insane policies.  When that suspension of disbelief fails, well, that is what this blog is pretty much about...

1 comment:

David said...

When does suspension of disbelief end when people's lives, livelihoods, and comfortable lifestyles all depend on maintaining the illusion? Rationalizing insanity becomes a way of life when life depends upon it.

It is my belief that "suspension of disbelief" is so skewed from reality that an entire society of pervasive dishonesty has arisen to foment the rationalizations required to ignore the insanity. Lies populate every aspect of our experience now, nowhere more in evidence than the TV news megaphone for political clowns barking about their circus.

How bad must the underlying rot become before the rationalizations are no longer tenable?