Tuesday, December 13, 2005

There is no spoon

While I cobble together my thoughts on Baudrillard in the context of Blink (as an aside the more I reflect on it, the more I realize how suited the ideas of Blink are as intro to Baudrillard, ah the virtues of having friends recommend books, thanks Thomas) a stray thought popped into my head I wished to share.

If you haven't seen the film, The Matrix, this comment will seem a bit like the simulacra of Baudrillard, without foundation, which may or may not be a troubling affair.

There is no spoon...the price of Gold in particular and other commodities in general is not rising.....the real value ascribed to the promises captured on paper and quantified in computers is falling. While some might argue that this decline in ascribed value is a forward looking process I take the view that it lags the real world experience of returns.

1 comments:

Stranger said...

The inflation in the world's "faith based" currencies will eventually spill over into difficult to inflate entities.

Gold's annual inflation rate is about 1.8%, so it is a matter of time before fiat currencies migrate into such items as gold, due to their much greater inflation rates.

By definition, an unsustainable situation must change.