Max and Stacy look at the plans for ‘free money to the people’ takes shape as central banks prepare the way for ‘central bank digital currencies (CBDCs). They also discuss the proposals to ban evictions and foreclosures for twelve months. In the second half, Max talks to writer, Zeus Yiamouyiannis of OfTwoMinds.com, about how economic value has lost all meaning when the market itself is fake and how this fact plays out across the economy.
“The urge to save humanity is almost always a false face for the urge to rule it.” ― H.L. Mencken
By Michael Thau: In the previous entry, we learned how a process invented to increase the size of research samples of DNA called polymerase chain reaction is used to test for viruses even though the guy who received a Nobel Prize for inventing it said using it that way doesn’t work.
Kary Mullis’s PCR process takes segments of DNA through a “cycle” that doubles the amount. If you run a single segment of DNA through just 40 cycles, you’ll end up with 1 x 240, which is over a trillion copies. Remember that number, it’s going to be important later.