Correct. You need institutional capital including the ability to switch between war(crisis), going concern, and windfall as needed. But the tendency of the people is to prefer unchanging stability despite that it doesn’t and can’t exist.
Source date (UTC): 2023-09-02 17:58:19 UTC
Original post: https://twitter.com/i/web/status/1698032621496799617
Reply addressees: @EdwardSpruit
Replying to: https://twitter.com/i/web/status/1698011727676232020
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