Yarvin saw the “red pill” as the realization that the Enlightenment ideals he came to associate with “the cathedral” and democracy are actually a poison leading to societal decadence and decline.
collateral
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Collateral Damage: QE3 and the Shadow Banking System
Rather than expanding the money supply, quantitative easing has actually caused it to shrink by sucking up the collateral needed by the shadow banking system to create credit.