Cloudalists never persuaded central banks to fund them

Evidence

It sounds implausible. How on earth did the cloudalists convince major central banks to fund them in this way? The answer is: they didn’t have to. — Yanis Varoufakis, Technofeudalism, 387

Categorization

  • STORYSTEM: A nice ironic beat — the ruling class empowered its own dispossessors unknowingly. Could seed fiction about a technocratic elite accidentally financing their own overthrow.
  • corroborated: 2 independent passages support this claim — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 387
  • XREF: connects to: Central bank printed money flows only to Big Business and cloud capital — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 375; Central banks funded cloud capital that destroyed market sovereignty — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 440

Broader Connections