Policymakers effectively use two tactics to manage the political sustainability of currency debasement: (1) discrediting objective measures of inflation and encouraging reliance on government statistics ('lying eyes' fallacy), and (2) focusing public attention on divisive social issues (left-right, climate, justice) rather than the underlying currency mismanagement that hurts everyone.
factualpending
Speaker
Luke GromanEvidence Quote
“number one who are you going to trust you know me or you're lying on and you know they do a pretty nice job of discrediting anything that you know you know you're lying eyes um furthermore they do a really good job of keeping the bottom 95% of this country focused on Left Right blue red”
Source
Luke Gromen: Expect Market Turbulence Ahead Due To Tightening Liquidity— Adam Taggart | Thoughtful Money®Created: 8/12/2026, 10:19:56 PM
My Notes
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