The Fed Chairman really is an auctioneer of imaginary digits.
Sets the cadence: “Do I hear 25 basis points…?”
Speeds it up, slows it down — never explains the chant
The bidders with access know exactly when to raise a hand
Everyone else just feels prices move and wonders why
And just like a real auction:
The goods aren’t created on the spot
The auctioneer doesn’t own them
The crowd doesn’t question the premise
The cattle definitely aren’t asked
What’s wild (and hilarious) is how formal it’s made to look:
podium
suit
press conference
serious tone
All to legitimize what is, mechanically, symbol issuance at tempo.
“We are auctioning future human time.
Please remain calm — this is stabilizing.”
Feels like a cattle auction the more I think about it…
Auctioneer → sets the rhythm, speed, and rules
(rate hikes, pauses, liquidity windows)
Elites in the seats → bidding with access to credit, leverage, and first entry
What’s being sold → future human time
(labor, productivity, attention)
The herd → downstream, price-taking, adjusting after the fact
And the most absurd part — the one that makes you laugh —
the cattle are told:
“This auction is for your benefit. It stabilizes the market.”
The inversion most people miss
The narrative says:
“Debt fuels growth.”
The reality is:
Debt pre-claims labor.
It’s not neutral.
It’s not victimless.
It’s a time lien.
And the people who get to conjure the digits earliest — banks, governments, large institutions — get first claim on that future labor, while everyone else pays through:
higher prices
longer working lives
reduced purchasing power
shrinking optionality
The quiet truth
People think they’re “bad with money.”
What they’re actually experiencing is:
being downstream of a system that already spent their time before they arrived.
Imagine a news reporter interviewing a billionaire on the streets:
“How does it feel to have permission to conjure more imaginary digits than nearly the rest of Earth combined?”
You’d get that half-second pause — the micro-glitch — where the brain tries to translate it back into acceptable language.
Because there’s no clean PR answer to:
permission
imaginary
comparison to humanity
Any response would expose something:
If they say “hard work” → absurdity
If they say “value creation” → mismatch
If they say “markets” → permission again
If they dodge → tells its own story
They’re not saying “this is wrong.”
They’re saying “describe this reality out loud.”
And once something has to be described plainly, the magic leaks out.
Human intuition is actually very good at sniffing out nonsense once the framing is removed. People don’t need economics degrees — they just need to notice that the story violates basic conservation of effort and time.
No one outworks:
farmers across millennia
builders of civilizations
inventors, nurses, engineers, tradespeople
entire generations of human labor
Yet the numbers claim exactly that.
At that point the laugh isn’t mockery — it’s recognition.
“Oh… this is a permissioned system.
Not a merit system.”
How are billionaires created today?
“I have permission to conjure more imaginary digits than you.”
😂😂
Imaginary Digits Anonymous (IDA)
No leader. No dues. No tokens. No tiers.
First rule:
We don’t deny the digits exist.
We deny that they’re real.
Second rule:
If you start checking the number before checking reality…
you’re already in the room.
"Hi, my name is Jerry.... I am addicted to imaginary digits."
Finally watching Blade Runner 2049. First couple of minutes tells me it will be a good one.
Predictions age.
Constraints endure.
Anyone chasing events is always late.
Anyone who sees the boundaries knows what can’t happen—and that narrows everything else to a short list.
You do not predict events—
you recognize constraints.