The simple fact of the matter is regulators in corrupt societies believe that laws are only good if the public generally breaks them.
These societies may deceitfully claim to follow a rule of law, while objectively being rule by law.
They generally believe that if you can't use the law to coerce people to some form of arbitrary action after-the-fact through blackmail, the law is useless, and they glory in their power and control of others (privately).
This is why they write law ambiguously enough so it can apply to just about anything, and twist it later just like how it is written in Animal Farm.
Safety is just one of many propaganda narratives used, its all for the benefit of society where everyone is equal, some people in such societies are more equal than others.
Corruption is generally not done by the brightest, it often neglects rational principles for long-term survivability. The problem is these people become delusional warping things until collapse under a de-facto state of non-market socialism drives ecological overshoot into a great dying, if no other crises takes them first.
The chancellor will have his butter while everyone else starves, right up until he can't.
You can't have capitalism under a money printing fiat regime, where the majority of the market cooperates. Economic calculation requires independent adversarial decision-making, and for production in the economy to continue, in general, it requires producers and consumers to make more than enough to cover costs (in purchasing power, disconnected from currency debasement), a profit.
Fractional reserve issued debt, with no fractional reserve (0%) is money printing, its been that way since 2020. Basel III uses valuation as a capital reserve, so when valuations based in fiat change suddenly to the negative, the few banks left can collapse without warning. Value has credibly been shown to be subjective, it changes for every person, so you have to ask who decides the value. The same people issuing the debt as a reserve get to decide, which is a recipe for delusion, and chaotic collapse.
A conflict of interest like this never results in fraud /s...
Government has long been trying to make the public helplessly dependent on them so that no matter what they do (even if they break oaths and the constitution), they'll still retain power through a corruption by dependency. Its sad that such evil blind people have been allowed to get into these positions of power.
Survival will in the near future come down to whether or not we can oust such people from those positions or if people will complacently just follow them to their deaths believing lies.
Lies of omission, even unknowingly and without intent, are still lies, and result in the same destructive outcomes.
These societies may deceitfully claim to follow a rule of law, while objectively being rule by law.
They generally believe that if you can't use the law to coerce people to some form of arbitrary action after-the-fact through blackmail, the law is useless, and they glory in their power and control of others (privately).
This is why they write law ambiguously enough so it can apply to just about anything, and twist it later just like how it is written in Animal Farm.
Safety is just one of many propaganda narratives used, its all for the benefit of society where everyone is equal, some people in such societies are more equal than others.
Corruption is generally not done by the brightest, it often neglects rational principles for long-term survivability. The problem is these people become delusional warping things until collapse under a de-facto state of non-market socialism drives ecological overshoot into a great dying, if no other crises takes them first.
The chancellor will have his butter while everyone else starves, right up until he can't.
You can't have capitalism under a money printing fiat regime, where the majority of the market cooperates. Economic calculation requires independent adversarial decision-making, and for production in the economy to continue, in general, it requires producers and consumers to make more than enough to cover costs (in purchasing power, disconnected from currency debasement), a profit.
Fractional reserve issued debt, with no fractional reserve (0%) is money printing, its been that way since 2020. Basel III uses valuation as a capital reserve, so when valuations based in fiat change suddenly to the negative, the few banks left can collapse without warning. Value has credibly been shown to be subjective, it changes for every person, so you have to ask who decides the value. The same people issuing the debt as a reserve get to decide, which is a recipe for delusion, and chaotic collapse.
A conflict of interest like this never results in fraud /s...
Government has long been trying to make the public helplessly dependent on them so that no matter what they do (even if they break oaths and the constitution), they'll still retain power through a corruption by dependency. Its sad that such evil blind people have been allowed to get into these positions of power.
Survival will in the near future come down to whether or not we can oust such people from those positions or if people will complacently just follow them to their deaths believing lies.
Lies of omission, even unknowingly and without intent, are still lies, and result in the same destructive outcomes.
https://www.youtube.com/watch?v=x2nb4x9BiQY