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#142 | 2026-06-17 09:57:49 UTC
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What the System Does: - It moves wealth upward. - It shields institutions from accountability. - It converts crises into expansions of technocratic power. - It ensures that the people who bear the losses - pensioners, depositors, taxpayers - have no meaningful say in the rules that produced those losses. - It writes the next chapter of control before the current chapter collapses, then waits for the collapse to make the chapter look like a rescue. - It removes constraints so bubbles can form, then blames the bubbles on market excess, then demands more authority to prevent the next one. - It maintains the fiction of democratic control over economic policy while steadily transferring that control to bodies beyond electoral reach. That's what it does. So that’s what it's for. Source: https://substack.com/@escapekey/note/c-277226214

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