Every week, my local rag is filled with out of context foolishness like:
"we're running out of fiat"
"salt is a suspect in retaining water"
"national income comes only from exports."
Isn't data meaningless without context? Isn't coordination an inexhaustible source of fiat? Do economists even recognize currency operations, or only pure theory unadulterated by reality?
Don't more old folks get ill from low sodium than too much salt (and don't most kids learn about osmotic pressure from ANY solute, in high-school chemistry)?
And don't we EVER teach people the difference between real resources and liquidity, or between static-value and dynamic-value?
So it's true, the newspapers were fooling, nearly 100% of the time, my whole life. Can we either fire all journalists, newspaper editors and owners ... or AT LEAST require them to do some fact checking instead of just crying wolf in order to draw attention to conveniently placed ads for s**t we don't need?
200 years on and the following is still true. The man who reads nothing at all is better educated than the man who reads nothing but newspapers.
And the citizen who listens to no one at all is better educated than those who listen to any and all orthodox news media? And it's all the fault of all those sources. It's not ours - for listening to fools & frauds.