The Elusive Carrot

 During these troubled times, Concoda's ongoing synopses of contemporary economic matters makes more sense to me than most others.

https://concoda.substack.com/p/is-this-ever-going-to-end

Concoda's most recent blog included a few profound analyses that prompted my responses. A little while later, I got the wild idea to transform my comments into a blog entry of my own, which is herein submitted to you, the reader, to consider and to ponder. 

In other important matters . . . happy holidays. Don't forget get to go out and spend as much money as you can because we now live and breathe and have our working in a Consumption economy. That means the more $$$$ we turn loose, the more #### float around to keep everybody fat and happy. 

This economy is different from the old 18th/19th/20th century version, which was an arrangement of agricultural/industrial Production-based progress that geometrically generated self-perpetuating wealth creation.

Whereas, nowadays we only have, mostly, people consuming and consuming and presuming that what goes around comes around . . . like, as Paul sang it many years ago, the fool on the hill.

Meanwhile, this fool, yours truly, was found to have posted these comments on the world wide whoopdee-doo web:

1. Re: “Until, among other things, we revive America’s once-mighty manufacturing arm . . .”

Good luck with that.

2. Re: “The Fed’s commitment to “stable prices” has become a euphemism for a rising S&P500, turning investors into donkeys eager to reach the next carrot on a stick. . .”

The good news there is: donkeys and elephants are working together on this project, unlike their other agenda items.

3. Re: the detachment of empathy, and “. . . our financial futures rely on one stock market index mimicking an Evel Knievel stunt-jump.”

Recall that Evel was jumping over the Snake River, named after Evil’s great great great great snake grandfather, who originated the idea that empathy is the mother of contention, if you happen to be capitalist instead of progressive, which gets back to the conundrum of those elephants and donkeys chasing the same carrot while the plebes catch buzz on junkfood tictoc twitter netflix metastasized gaming the system leisure instead of working together to make the world safe for bureaucracy, while the barons of wal-world and walstreet issue official statements to the the effect of let ‘em eat cake.

Glass half-Full