Future Shocks

Past, present and future are all connected as is everything else. Future shocks are born out of past choices, actions and inactions. Our political leaders love to assert control and refuse to accept any responsibility or accountability for the ever present unintended consequences.

Where does the value associated with our currency come from? It comes from those who labour productively and those who can add to this productivity. Those whose labour is unproductive destroys the value of the currency. Those who increase the level of unproductive labour destroy the value of the currency. I see a great deal of this.

However, nature itself has a rule of diminishing returns. The easy oil fields have been drained, leaving the more difficult ones to be drilled. That sentence was crucial. More and more of our productivity is engaged in retrieving the same amount of oil. More and more currency is spent looking for more oil fields. We are expending more and more value and getting less and less value in return. This is not a linear relationship, it is exponential. Linear relationships do not provide future shocks but exponential ones most certainly do.

Rapidly increasing energy prices are all the rage in the UK and Europe. This is a strong hint at what lies ahead. Perhaps we can delay this shock because we are getting very good at throwing currency at difficult problems. Currency can be created from nothing and thrown at any problem but are we solving a problem productively or simply transferring value from elsewhere to the problem?

If our Government throws currency at the energy producers in order to reduce prices then this is simply transferring value from where it is now to somewhere else. This value is coming out of our savings and wages and being used unproductively to temporarily reduce energy prices. This is unproductive use of our collective wealth.

If we used the currency to build new power plants, then that would be a productive use of our currency, which our children could enjoy for their entire lifetimes. Perhaps you disagree but the point is we need to use this zero value currency to create future value for our selves. Otherwise, this zero value currency takes value from our wages and savings.

We are all getting a taste of the future shocks that lie ahead and how our governments are simply wasting the value in our wages and savings by creating value less currency and not using it to create future value. The Government are keen to assert control over us but have no regard for whatever unintended consequences this creates. Unintended consequences will be future shocks that shake each of us to our very core.

In other words, this transitory inflation is just a sample of the real inflation that lies ahead. Wasting value less currency to delay the inevitable, simply extinguishes the value of our wages and savings faster.

The basic choice over energy is simple, do we subsidise it now and have shortages later? Or accept the consequences of not protecting the value of our currency?

Only those who work productively and those who can productively guide the work of others add any value to our currency. These people increase the value of our wage currency and increase the value of our saved wage currency.

Future shocks that shake us to our core will be entirely due to our collective efforts to avoid any type of critical thought.

1/6 of the population cannot critically think and these people tend to do well climbing corporate and political ladders. They do well memorising things for tests. They do especially well at unbalancing those who can critically think. They use our own emotions as weapons against us and they will never change as they are not and cannot ever be, self aware.

A few future shocks for you to be aware of. The value of your wages will be going down far quicker than you will believe is possible. The average pension wealth is rapidly approaching 10% of what it is believed to be worth. House prices will tumble only once we stop allowing the creation of value less currency to be wasted on value less projects. Life is going to get very hard and this will be a good and necessary thing. We may learn something from it but I am not hopeful, then we get the great reset which we have been told is coming for a while. Notice that it is called a great reset and not a great change?

Have I managed to write this blog post with kindness? I believe that I have.

Future shocks will be the same as what we have experienced in the last year and a half, just worse.

The seed of each future shock has already been planted by allowing those who are unable to critically think to make decisions for us all. With zero accountability for any and all unintended consequences, especially future shocks.

Are you physically and mentally prepared for the coming future shocks?

Do please consider giving that some critical thought.