Fiat World

Epsilon Theory

March 8, 2019·Money

People condemn flat earthers for ignoring evidence while living in a world where official narratives contradict observable reality. Central banks pump money into systems that haven't worked in a decade. We borrow record sums for basic expenses. We're told inflation is absent while prices climb. The contradiction is complete, yet we insist we're rational observers.

  • Record credit card debt is now mostly for essentials, not luxuries. When asked what to sacrifice, 6% would give up their smartphone but 13% would give up voting. The gap between what people claim to value and what they protect reveals something about what's actually changed.
  • The official narrative and daily reality have completely separated. Central banks cycle through stimulus programs that haven't delivered promised results in a decade, yet the response is always to do more, not to question the approach itself.
  • We've declared into existence a lifestyle we can't afford and called it normal. The hiding place for inflation isn't in official statistics. It's in the quiet decision to carry debt for chicken and rent and clothes because the alternative is admitting the promised American life no longer works.
  • We mock flat earthers for rejecting evidence while denying evidence we see with our own eyes every day. The irony is exact. We live in constructed realities we've collectively agreed to believe, just with different consequences and better marketing.
  • The entire system now runs on the assumption that we'll keep borrowing from our future selves without asking why. At what point does pulling from tomorrow to live today become unsustainable, and what happens when people stop cooperating with the arrangement?

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