Under threat of predation it becomes rational for decision-makers to mortgage the future in favor of the present. Extremely high interest rates are correspondingly the equivalents of wartime.
High interest rates are the measure of a high discounting of the other relative to oneself, which is to say they are the measure in the society of the collective uncaring.
The irony of predation is that war is typically a marathon rather than a sprint. The strategic victor is the one who exhausts his adversary rather than simply defeating him.
Blitzkrieg is a tactic; containment is a strategy.
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