The history of prophets is a history of people making fools of themselves. Strangely, people keep listening to them.
Well then, I need to get in on this racket. I hereby prophesy that inflation and shortages will dominate the economic landscape for the rest of my life.
In the media you hear that inflation is 7.5%, which doesn't sound so frightening. Then they say inflation is higher than it has been for 40 years, that is, since the Carter era. That is frightening.
Clearly, they have changed the 'spreadsheet' for calculating inflation. And why shouldn't they? It will reduce the cost-of-living allowance to pensioners and employees.
Inflation happens when the government has turned money into a cheat. Why shouldn't a government that runs a fake-money operation also put out fake statistics?
How long will it be before Big Tech censors people who use the awful word, inflation? For awhile, people will learn to get around the censorship by substituting, the 'I word', just as they say 'the jab' or 'the V word' instead of 'vaccine.'
But then the censorship algorithm will be improved. Perhaps 'price adjustments' will be the new word for inflation, despite being long and unwieldy. It could be shortened to 'prices' in certain applications.
For instance, people who write about inflation can be accused of the usual things like the R word or white-S word or merely of being right-wing whackos. Then, for the coup de grace, they will be accused of being price-deniers.
Comments
He avoids using the I-word for the most part and tends to describe the event(s) as price-revolution(s). I think that would be an acceptable Woke word.
What do you think, can we go with that rather than the I-word?