bottom-up style governments

January 20, 2013 at 9:35 am | Posted in Uncategorized | Leave a comment

I often wonder if we are on the brink of a societal revolution  Revolutions are seldom seen beforehand and history books have an annoying tendency to depict history as more linear and deterministic than it actually is.

I keep on reading that Obama is considering creating “the trillian dollar coin” to fix the nation’s monetary problems (ie “printing money”). This loose monetary policy can have disastrous consequences for the US dollar, namely hyperinflation. It can potentially collapse the world’s financial system and cause widespread chaos. The US government will, overnight, become irrelevant. I wrote about this a few years ago in this blog post.

But then again, there is some case to be made about “creative destruction” – sometimes things in the system have to break in order for things to improve. Maybe a case can be made that this revolution can spell and end to top-down world governments and a “bottom-up”-style government can naturally form from the chaos. A bottom-up government, by the way, is found in Switzerland (which is one of the most anti-fragile environemnet found in the world today). It will be interesting to see what happens.

Just my rant for today. . .


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