“What do we say when we say financial system? What do we know about finances? Here is an example: the issuance through BCRA passive repos until Wednesday, April 24, 2024 per hour was $2,246 million pesos. That is, $53,904 million per day; a little more than 1.6 billion in a 30-day month. The total number of hired personnel plus temporary plant for 2024 costs the State $260,000 million a year. That is, about $20,000 million per month. Around 9 hours of broadcasting is equivalent to one month of the total number of contracted and temporary workers. Who and what is it to be a gnocchi today?
Several years ago, and especially today, we went from the hot friction of production, the factory, the workshop, the agriculture, to the spherical coldness of finances. However, as soon as you ask how they support the edifice of credit, you realize that it is supported by a single fact: that not many of us ask for what is ours to be returned to us in unison and the faith that it will be in the box when I want to withdraw mine. There is little certainty provided to finance monetized delusions that are sustained without real support, which is why virtual money, its twists and turns, must be increasingly faster. Until here the Finance system.
Entropy, on the other hand, is the degradation of the system due to loss of the total available energy. Degradation is called the passage from one form of energy to another that cannot be accompanied by the complete reverse transformation: That is, translated into the financial system, they do not return it to you.
The economy is a complex system that does not completely conform to the laws of thermodynamics, but these may contain useful concepts to view some aspects of economics. Galeano maintained that “the tendency to fall in the rate of profit and the tendency to overproduction force the system to grow without limits, and to extend to the point of madness the power of the parasites of the modern bankocracy, which he defined as “a gang that knows nothing about production nor has anything to do with it.” What the gang knows is what they have to know: that entropy ensures the irreversibility of phenomena in time, therefore, what they took interest in At some point in time it will not return to its owners with the corresponding breakdown of credit. This limit is called “profit taking”, because the money does not evaporate, someone takes it. And in the case of small investors and workers. is called: “taking poison.”
The gang, then, generates its own Darwinian heaven: they are the fit, the rich, the strong. Furthermore, these supermen have the veneer of knowledge only for enlightened people, since no one understands very well what a derivative is made of, and how an action does not express a quota-part of the value of a company even if it is, assuming quantum virtue of a particle guided by the uncertainty principle that transforms it into something else that has no relationship with what it represents.
Or why a bitcoin It would have to be worth something.
However, a financier can explain it with a solvency that dilutes any fear. By the way, an anecdote…
A Hindu yogi master said: “I will give you your own private mantra, a sound that, when you hear it, will begin your descent into your own mind.” Someone asked the master how he knew which sound corresponded to which person, and he replied that the answer was somewhat complicated. But believe me , he said, it’s a science.”
Believe. Credit. Let’s believe the financiers. Theirs is a science and they will surely capture your sound. They will know what you want to spend on by chasing you online and offering you the appropriate credit card. They will know how much you earn and how much you owe, and therefore how much you can go into debt. And they will make you believe that by accessing their credit you will be a financier and take advantage of business opportunities as well.
Today in Argentina they once again believe in a 2% monthly yield in dollars, with high inflation and super positive rates in pesos against the dollar and negative rates against price increases. Look, just as it happens in the entropy, the energy is dispersed throughout the system, confusing and transforming into an irreversible process. The desired money is no longer known for what it is or from whom, but someone is sure to appropriate it: those who know the limit and “gather it with a shovel.”
They are not the workers, who once again risk rewarding those who scammed them or will scam them again.
Charly García would say: “I love you, I hate you, give me more”
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
