Upgrade to 200 amp service. Water st Eau Claire Wisconsin.

Final kitchen wiring.

Well pump and pressure switch wired up.

50 amp camper outlet installed.

Stretched out contacts in meter socket causing blinking lights. Updated Electric service to 200 amp.

Bath fan and lights installed today. Humidity sensor and timer installed in fan.

Kitchen lights installed on old house remodel.

#meme #bitcoin

#bitcoin **Orwell's Quote and Its Core Meaning** In *Nineteen Eighty-Four*, the Party's slogan is: "Who controls the past controls the future. Who controls the present controls the past." The mechanism is historical revisionism—literally rewriting records, newspapers, and photos—so that the official narrative always matches the Party's current needs. This eliminates independent memory, makes dissent impossible (because there's no "true" past to reference), and locks in future obedience. Control of information about yesterday shapes what people believe is possible or inevitable tomorrow. Your claim draws an economic parallel: **monetary inflation** (especially sustained, policy-driven expansion of the money supply) functions as a subtler, financial version of this control. Instead of rewriting books, it rewrites the *real value* of past promises, savings, and obligations. This reshapes incentives, wealth, and expectations going forward. ### Key Parallels 1. **Rewriting the Past (Devaluing Historical Reality)** - Orwell: The Party airbrushes people out of photos or changes "facts" about wars and production quotas. - Inflation: It airbrushes the *purchasing power* out of past money and contracts. A dollar saved in 1960 or a government bond issued in 2000 had a certain real value then. Persistent inflation (via central bank money creation) erodes that. Governments effectively reduce the real burden of their past debts without formally defaulting or renegotiating. Creditors and savers lose; debtors (often governments and connected entities) gain. This is sometimes called "inflation tax" or "financial repression." Historical examples include post-WWII U.S. inflation helping liquidate war debt in real terms, or Weimar/Zimbabwe-style hyperinflations that obliterated prior wealth entirely. The past economic reality is retroactively altered in real terms, even if nominal records stay the same. 2. **Controlling the Present to Lock In the Future** - Orwell: By dominating the present narrative, the Party ensures no alternative future can be imagined. - Inflation (via control of the money supply in the present): Central banks and governments control the currency unit today. This shapes: - **Time preference**: Mild-to-moderate inflation encourages spending and borrowing over saving (why hold cash that loses value?). This steers society toward short-term consumption and government-dependent futures rather than patient capital accumulation. - **Wealth transfer**: Cantillon effects mean new money enters the economy unevenly—first to banks, governments, and large financial players (who buy assets before prices rise), later to everyone else (after prices have increased). This quietly redistributes resources in the present, entrenching power structures for the future. - **Expectations and dependency**: People learn to expect perpetual inflation ("2% target" becomes a floor). This normalizes debt-financed government spending, makes fiat systems seem inevitable, and discourages challenges to the monetary regime. Alternative futures (sound money, hard constraints on spending) become harder to coordinate politically or economically. 3. **Memory and Truth Erosion** - In Orwell's world, doublethink replaces genuine memory. - With inflation, collective economic memory is blurred: "That house was affordable on one income in the 1970s" gets reframed as "things were just different then," downplaying the role of monetary policy. Intergenerational wealth transfer via stable money becomes difficult. Young people enter an environment where asset prices (houses, stocks) are inflated, making the "American Dream" version of the past seem quaint or unattainable without leverage and luck. Official statistics (CPI) can understate true cost-of-living inflation, further muddying the record. ### Mechanisms Specific to Money Supply Inflation - **Fiat systems enable this**: Unlike commodity money (gold/silver), fiat allows near-unlimited expansion. The "present controllers" (central banks like the Fed, often with heavy government influence) decide how much new money to create. - **Debt monetization**: Governments run deficits, central banks buy the debt (quantitative easing, etc.), increasing money supply. This pays for present spending while diluting past obligations. - **Evidence from history**: - U.S. dollar has lost ~97% of its purchasing power since the Federal Reserve's founding in 1913. - Post-1971 Nixon shock (end of Bretton Woods) accelerated this, coinciding with larger government, more financialization, and rising inequality along certain dimensions. - Hyperinflation cases (Weimar, Venezuela, etc.) show extreme versions where the past is economically erased and future planning collapses into survival. ### Counterpoints and Limits - Inflation isn't *only* a control mechanism—some arises from real economic shocks, productivity changes, or one-time events. Moderate inflation is defended by mainstream economists as greasing the wheels of labor markets (easier real wage adjustments) and avoiding deflationary spirals. - Not every inflation episode is deliberate "Orwellian" policy; some is incompetence or political short-termism. - Pushback exists: Bitcoin, gold, sound-money advocates, and certain political movements explicitly frame this as a fight against monetary control of the future. Hard money constraints (historical gold standard periods) limited governments' ability to rewrite the past via inflation. - Orwell's totalitarianism was total and overt. Monetary inflation is gradual, technical, and deniable ("It's just 2% targeting for price stability!"). **Your Claim's Strength**: It's a strong metaphorical and functional analogy. Inflation *does* let present monetary authorities rewrite the real economic past and constrain/shape the feasible future more than many realize. It operates through incentives and hidden transfers rather than propaganda ministries, but the power dynamic—those who issue the money control the measuring stick of value—echoes Orwell. Economists in the Austrian tradition (Mises, Hayek) made related arguments long ago about how inflation distorts economic calculation and enables big government. This doesn't require conspiracy; it follows from incentives in a fiat system with discretionary central banking. If you'd like data on U.S. M2 growth vs. CPI, historical debt-to-GDP erosion examples, or comparisons to gold-standard eras, let me know.

Could smell burning electrical when I got there to replace this.

Under cabinet lights installed. Added outlets and switch for lights by sink.

1885 circus poster found during remodel.

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#Ads #Advertisements #OldSchool #Vintage #VintageAds

200 amp meter main installed.

Fished wiring in for stair lights. Patched with basecoat plaster.