Decades of central bank distortions and regulatory / market-share capture by cartels and monopolies have completely gutted “markets,” destroying their self-correcting dynamics.
Unintended consequences introduce unexpected problems that may not have easy solutions. An entirely different set of problems are unleashed as unintended consequences have their own unintended consequences. This is the problem with complex emergent systems such as economies, societies and global supply chains: the system’s feedback, leverage points and phase-change thresholds are not necessarily visible or predictable, yet these dynamics have the potential to cascade small failures into systemic collapse.
The unintended consequences of unintended consequences are called second-order effects: consequences have their own consequences.
cartels and monopolies is strange way to say jews.
They sell illusions and that is pretty much it.
It used to be a self adjusting cockup but now it's a complete clusterfuck, an uncontrollable one.
But Mr Goldenstien, we can make many money from this!!
...valid observation...