13 Comments

Speculatively pulling threads together, each with a plausible alternative interpretation. Does the U.S. self-sabotage of the SWIFT system over the Ukraine-Russia war further your hypothetical? Seems like it does. Alternative means of international money transfer are developing. This may trickle down to the little guys sending money home.

Expand full comment
Feb 9Liked by Mathew Crawford

Another substack, Third Paradigm, points out that on Eisenstein's substack, there is this:

Charles Eisenstein

Mar 2, 2023

Pinned

I want to add an interesting twist to the story. An expert in digital media at the house where I'm staying right now highly doubts the authenticity of the photos. He thinks they were generated by AI. The photos originate with the El Salvador government. I am not sure what to think. The photography is quite amazing (regardless of its horrifying subject matter). If you wanted to stage such a scene even with enthusiastic volunteers, it would be no small feat, let alone with unruly prisoners.

Expand full comment
Feb 9Liked by Mathew Crawford

Economist Richard Werner discussing the origin of Bitcoin:

https://www.youtube.com/watch?v=_Nh1In4Ns_Y

Expand full comment

I'd love to see a respectful, possibly healing, conversation between you and Bret. (And / or Chris ... I first found your Substack from Bret & Heather speaking very highly of your work.) Both you and Bret often speak of the need for of people who disagree speaking in a public conversation ...

Expand full comment

The ideas I've seen so far as to why this is being allowed.

1. Democrats want to increase their voter base.

2. Democrats spent so much time demonizing Trump for wanting tight border control, that they feel they have to let them in.

3. It's about getting cheap labor into the country.

4. They plan to use them for military service

5. Replacement migration

I always suspect some nefarious plan is in the works, but like with covid, can't pin point it with any certainty. I'm not sure if I'm wrapping my mind around this bitcoin idea though. The illegal immigrants will start using it to send money home because not so much is lost? Are people going to start paying the immigrants in bitcoin?

I've wondered, if we're headed for a big economic collapse, would they want an influx of workers who are used to working for low pay. Is it a matter of making the population base more used to austerity? Or is it a matter of adding another crisis in order to justify whatever solution they have up their sleeve. UBI?

Expand full comment

I think something else to keep in mind with this immigration issue: the immigration numbers/policies under Trump and Obama were not drastically different. Which generates skepticism that it's a democrat/republican issue. This seems to be something those at the top of the power pyramid want at this point in time.

Expand full comment

It would be delightful to read your opinion, Mathew on David Rogers Webb’s The Great Taking.

Expand full comment

Also seeing some places, including a local post office, asking for cash. Odd, since the push had been to No Cash or if you paid with cash, you might not get correct change because coins weren't available.

Expand full comment