I’ve observed for a long time that the public voices for Populism are mostly fake, mostly serving Wall Street with fake “solutions” that help the banks. There might be some exceptions, but the exceptions don’t seem to stay in the public eye. The only REAL populist in American history was FDR, who didn’t sound like Bryan or Trump.
Lately I’m noticing that some ‘conventional’ economic voices are the most realistic and empathetic.
The alleged ‘radicals’ and ‘independents’ are strictly orthodox and delusional in their measurements and goals.
Compare the Blockworks podcast with Adam Taggart. Both have a similar flavor and style. Blockworks is bitcoin, and all of its guests are ‘radicals’. Taggart is conventional, and all of his guests work as regular economists or financial advisors, with no pretense of leftism or radical attitudes.
Blockworks ALWAYS uses the fake official figures as gospel, and bases their recommendations on official “unemployment” and “inflation” numbers. Taggart constantly uses real measurements, attempting to describe reality as lived by ordinary people.
The solutions and recommendations by bitcoiners and ‘radicals’ ALWAYS serve the ends of Zuck and Bezos and Elon. All blockchain crap and MMT crap advances the abstract “economy” of share buybacks and free money, filling the pockets of Zuck and Elon and Fink and devastating real production and real workers. The sole purpose of MMT is to guarantee total offshoring and total abolition of real production.
Taggart’s guests don’t make a lot of recommendations or solutions. They recognize that returning to industrial production SHOULD be the goal, and they also recognize with HARDASS realism that a return to normalcy ain’t gonna happen.
Later thought: Both of these are exceptions to my previous observation that realists were bitcoiners, while anti-bitcoiners were orthodox Wall Streeters.
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