Newsletter 8 November 2023: The growth miasma; lying in Meadows; reading with friends

Newsletter 8 November 2023: The growth miasma; lying in Meadows; reading with friends

How growth destroys everything good; the end of bestsellers; if you tell truth under oath you can’t lie in print; plus three people to follow, three books to read, and a warm plug. Growth is the inverse of quality The idea of growth is baked into everything that happens in our capitalist economy. We’ve internalized…

Venezuela’s 1 million percent inflation and other realities of exponential growth
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Venezuela’s 1 million percent inflation and other realities of exponential growth

Venezuela’s financial implosion is devastating. People are starving. The government is printing money to cover budget gaps. And the IMF estimates that inflation will top 1 million percent. But what would it take to get 1 million percent inflation? Before reading on, take this poll. (If you know the formulas for compounding, please don’t use…