Tag Archives: double-bind

China: Doomed If You Do, Doomed If You Don’t

Many commentators have ably explained the double-bind the central banks of the world find themselves in. Doing more of what’s failed is, well, failing to generate the desired results, but doing nothing also presents risks. China’s double-bind is especially instructive. … Continue reading

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Our Crazy-Making Economy’s Endgame: Festering Frustration Seeking an Outlet

The consequence of policies that exacerbate injustice, inequality and double-bind demands is a madness that will find a social and economic outlet somewhere, sometime. We all know crazy-makers: people who make contradictory claims about reality, who say one thing and … Continue reading

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The Oil-Drenched Black Swan, Part 4: The Head-Fake Disruption Ahead

Add these factors up and we conclude there is no visible price limit on oil after supply falters. I’ve been discussing the concept of an Oil Head-Fake since 2008, most recently inThe Oil Head-Fake: The Illusion that Lower Oil Prices Are Positive (September … Continue reading

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The Crazy-Making Fed

The Federal Reserve’s communications and policies are a form of crazy-making double bind. Systems theorist/anthropologist Gregory Bateson developed (with others) the concept of double bind, a psychological and social conflict in which contradictory demands generate a form of schizophrenia: Unlike the usual no-win situation, … Continue reading

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The Fed’s Failure Complicates Its Endgame

To demonstrate it hasn’t failed, the Fed must taper/withdraw its monetary heroin. That the Federal Reserve’s policies have failed is now so painfully evident that even the political class is awakening to this truth. Rather than re-ignite broad-based, self-sustaining economic growth, … Continue reading

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