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Sagittarius Rex's avatar

There seems to be a concrete, yet unexplored link between postmodernism and fiat currency. One can see the explosion of postmodernism almost hand in hand, with the untethering of currency to hard money. Though it precedes the 1971 Nixon Shock, those who understand this decoupling know that Nixon Shock wasn't the beginning, just the admission of U.S. fiat dollar system...which pretty much gives both post-modernity and the post-Bretton Woods systems the exact same timeline.

One can notice that, for the most part, postmodern philosophical ideas only seem to be prevalent in countries which are able to export their inflation the most. As the petrodollar is really, by all accounts, the violencedollar...it seems that postmodernity seems to only affect NATO countries. As we know, the true strength of a currency is really only based on its relative relationship to the current world hegemon.

A third part of this relational matrix I'm playing with is propaganda, just not sure where I'm fitting it in...or is it just a symptom? However, the link between postmodernism and fiat currency...I'm pretty solid on. The ability to perpetually export ones debt, severs the link between actions and consequences...and a philosopher at the time...especially those not well versed in economics, especially monetary theory could easily make the mistake of just assuming that all that matters is power. My feeling though, is as soon as that ability disappears...postmodernity disappears. (The shock awaiting the west, as objective truth catches back up to lie.)

The truth of an object is the thing itself, and though we may never be able to truly understand it; certain subjective truths are more true than others, bringing us closer to being able to know the thing than before. The denial of objective truth denigrates humanity, as the denial of objective truth, is the denial of one's self.

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Peter d'Errico's avatar

Many many thanks for this tour de force!

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