good point... maybe the expert class just gaslighting the plebs all day long and telling them shite about 2% and central bank expertise and we know what we're doing blah-blah hasn't, you know, inbued the public with lots of confidence

denlillaapan

Well yeah, conspiracy is the refuge of the weak mind or something something.

If we take it as a given that many people have weak minds (or to be more charitable, limited attention), then the onus is on the expert class to communicate in a way that accords with reality.  The more their communication departs from reality, the more conspiracy theories arise.

Hence, Fauci / COVID / Lab Leak / Ivermectin, and all that nonsense.

econ

Why CPI Ignores Homes and Stocks (The Daily Economy, Karl-Friedrich Israel)

Well yeah, conspiracy is the refuge of the weak mind or something something.

If we take it as a given that many people have weak minds (or to be more charitable, limited attention), then the onus is on the expert class to communicate in a way that accords with reality.  The more their communication departs from reality, the more conspiracy theories arise.  

Hence, Fauci / COVID / Lab Leak / Ivermectin, and all that nonsense.