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Chronicle Internet Culture

Day 31 and The Goal

I feel a real sense of accomplishment that I did what I set out to do; write one piece of long form content everyday for a month. Now of course having achieved my goal I would like to do it for two months straight but I’ll give myself a moment to enjoy the happy feelings that come from finishing what you set out to do.

On the first day my writing muscles felt atrophied. It has been sometime since I wrote regularly and here I was committing to do it every single night. But I was able to get into the habit and quickly found myself enjoying the routine.

The biggest change I’m noticing is a smoother less disjointed focus in my mental processes. Rather than needing to work myself up to writing or pick a topic and commit to a narrative, I now ease myself into the threads from the day and see where my imagination takes me. This mental fluidity (which requires non judgement which is a struggle sometimes) is slowly improving the quality of my thoughts. I look forwarded getting ideas on paper and tying together disparate thoughts now each day. To seeing what strange new connection might emerge from the day. Like limbic memory and crisis or the power of loosely organized crowds

I’ve also noticed a distinct uptick in the momentum of life. That a daily exercise of writing could push forward my focus shouldn’t be a surprise but nevertheless I’m seeing progress on ideas that may become a reality. Because I’m using this space to think about my investing, finance, and cultural chaos a daily writing habit means I am makings fast progress on a thesis. Writing is an excellent forcing function for seeing ideas more clearly but also for seeing if you may have the seeds for something bigger.

If you are considering a writing exercise like mine I highly recommend doing a month long commitment. Do it in public. You may be surprised by where you end up. I covered a lot of emotional ground which has been a really boost to my spirits.

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Chronicle Finance Internet Culture Preparedness

Day 28 and Limbic Memory

Today I want to talk about how this past year has set in motion the next hundred years of human imagination. Yes, I think it’s that important.

Mental elasticity is an incredible thing. We humans learn quickly and have a seemingly endless capacity to adapt to impossible things once we’ve wrapped our minds around it. Sadly though, forgetting doesn’t come as naturally to us as learning. Once we’ve seen the impossible happen, we never forget. Instead of storing miracles and crisis in the front of our minds like new knowledge, to be reinterpreted as new and possibly ephemeral, it goes right to our limbic back brain.

The limbic system is set in the deep structure of the brain where it regulates autonomic or endocrine function in response to emotional stimuli. It’s part of our survival response encoding. Which is why trauma is so crucial to evolutionary pressure. Those that survived, generally did because they took an impossible situation seriously. It becomes a part of our reactive unconscious survival instinct. And boy is this going to have consequences for American millennials.

The last year has had its share of impossible things occur. And we’ve gone about our business adapting to things that couldn’t possibly happen before. Early doomers were dismissed on the pandemic, political Cassandras ignored until an insurrection occurred, and now a new kind of financial mania which Stalwart Joe at Bloomberg calls an “upcrash”. He explains the impossible inversion using 1987’s Black Monday 22% drop.

Once people became aware that such a severe crash in so short a time was even possible, the likelihood that it could happen again was never dismissed. The consequences aren’t as big, but in a sense, what we’ve seen in GameStop could be thought of as a Reverse 1987. Upcrash. A gain so fast and rapid, that it might previously have been thought to be impossible.

Why do I include a seemingly jokey memetic internet troll in a list of traumas? Because a positive memory is just as jarring to our limbic memory as a bad thing. We overweight good experiences just as heavily as bad. Once the impossible becomes real our bodies retain the memory.

We’ve now got sense memory for global pandemics, political instability and positive market manias in America. Things we haven’t had for three generations (or more in the case of political instability). And the consequences, most of which remain unknowable, for these visceral impossibilities won’t leave our bodies till we are dead. We are stuck with the paranoia and exuberance of this last year till our grandchildren are in charge.

So we’ve just tossed several intense traumatic evolutionary events onto American millennials that not a single institution can do shit about. And I’ve honestly never been more excited for what our chaotic future might bring.

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Chronicle Internet Culture

Day 27 and The Short Squeeze

The speed at which we’ve transited from insurrectionist attack on the heart of democracy to every man strikes at the heart of corrupt Wall Start has captured my attention. The GameStop squeeze may possibly be the most interesting story of the modern social age. The first wisdom of crowds moment striking at an institution and doing enough damage to get the beast’s attention.

We’ve careened from institutional faith crisis to the next in the long trudge out of the 2010s. And doubled down in 2021. Because it’s fundamentally the same energy. Tearing down the capital to stop the deep state to rallying around GameStop against the man is a straight line. The age of the extremely online is here

Both events have strong kek energy to it. It starts as a joke. Some sophomoric humor on the message boards. It is hilarious and fun how we all cosplay hax0rs blowing up Big Hedge Fund. But it will not be funny joke when a pension fund implodes. Just as it wasn’t funny when we had a kek coup on January 6th. One sounds like a stretch. We could never find ourselves in a place where trolls blow up an essential financial instrument on which millions rely for their futures. But then no one thought a D list celerity pretending to be a businessman could ride a gold escalator into the White House either.

The GameStop happening is just the first instance of memetic market manipulation. Institutionals will get caught without realizing it. Because mimicry online lets idea evolution happen swiftly. The base reference materials quickly get widely diffused and most folks aren’t even aware of the source. Ideas get separated from the original context, for good or ill. Hence Trump and sedition being both serious and a joke. It’s funny till it’s a federal crime. You may not realize you are perpetuating something with source material that is meant to either redpill or push a grift or policy position. Which probably explains why there were so many confused Boomers who couldn’t figure out how they had accidentally committed treason.

I’d be surprised if we bring any politicians to justice in the capital attacks. But I don’t doubt the SEC finds a way to make internet mob pump and dumps illegal. Sure that would require that literally anyone in regulatory oversight roles understood how meme cults perpetuate. We can barely wrap our head around memes electing politicians. Moving markets is too much for the imagination. Except that it’s happening right now it just may threaten the powers that be. Fuck with democracy fine. Fuck with the capital markets. Now you’ve got our attention.

What worries me the most is despite seeing the straight line from danger to democracy to internet mobs throwing themselves at the markets, I am having so much fun watching it all unfold.

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Chronicle

Day 26 and The Newsletter

I’ve been writing one piece of longer form content on JFredrickson.com every day since January 1st. It’s been a wonderful habit and I suspect I’ll maintain it for a long time to come. I asked what my next step should be and the majority suggested I cross post on both Substack and my personal domain. So I’ve gone ahead and done it. You can expect identical content but now in easy newsletter form if that is your user preference.

What can you expect? I talk about semiotics, startups, venture capital, finance, emotional growth, retail, libertarian nonsense and shit posting. I only occasionally write researched work (once a week would be a goal I haven’t yet reached) but do post extensively about the zeitgeist. I’m extremely online and am happy to share directionally where I see things headed and the bets I take with my time, energy and finances (both angel investing and public markets). If you like culture that’s of particular interest to me and you can expect a kind of moderate skepticism. I am also a prepper as a hobbiest as well as interested in back to the land work and homesteads.

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Chronicle Internet Culture

Day 25 and Ease

I’ve been giving a lot of thought to my self limiting beliefs lately. The ideas I hold about myself and the world that get in the way of me changing. And one I seem most attached to is the myth of hardship.

I’ve fetishized the idea that life should be hard. Working through tough problems is good. Sticking it out through bitter failure is worthy. That goodness, attention, wealth and status are achieved through a moral pain.

I’m fairly sure I got this ridiculous idea as some type of parasitic add-on from Calvinist thought. It’s also preposterously, comically untrue. Like objectively the wealth, status and power in human society do not come from anything even resembling moral good. It’s this annoying fact that gives socialists succor in an otherwise unforgiving climate of capitalism (an objectively true statement that equally frustrates adherents of communitarian philosophies.)

So somehow I’ve equated hard work with good. So instead of pursuing talents in life where I enjoy ease and facility I force myself into difficult pursuits. I rationalize this as noble. But my core self knows that it’s bullshit to keep me stuck in the mud

So I am trying to resolve to not poo-poo that in my life that flows smoothly. I can do well at life by being at ease. I can lean into my talents and enjoy where they go without judgment.

But in the immortal words of every thirst trap: feel cute…might delete later.

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Chronicle

Day 22 and The Lull

I have two more parts to write in my public relations for normies series and I have a bunch of thoughts percolating through my mind from my first day of dopamine fasting. But nothing has coalesced into something worth writing about for the day.

I kept myself from intaking over saturated news. I had a couple fun social media interactions but otherwise have largely kept myself to topics and people that don’t make me feel reactive. This has has a bit of a creative dampening effect for the day. I don’t feel terribly inspired to say much as so much of my day was focused on internal priorities. Several of which don’t seem like topics for sharing, even if I have generally used the “write longer form every day” prompt to mine the personal. I’ve quite literally shared my regrets on fertility which is as personal as it gets.

But today was a day where I hiked, checked on loved ones, made yogurt, played some mobile games and had several doctors appointments. But I have little that seems cohesive to put on the page. So I’ll stay the course and see what tomorrow brings.

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Chronicle Internet Culture Media Politics

Distraction unto Death

I wasn’t allowed to watch television as a child. My mother has a firm view on the pedagogical benefits of using your full cognition range as a developing child. She simply thought the television did too much work for you which hindered building mental acuity in a child. But she also has a more personal reason. She believes distraction breeds stagnation.

As I’ve mentioned before here, my parents were utopian hippies committed to the manifest destiny of Silicon Valley. A classic book of the radical “information longs to be free” crowd Neil Postman’s Amusing Ourselves To Death showed distraction as the primary tool of the tyrant. The real tyrant wouldn’t need force. They only need us to be distracted. Bread and circus for the plebeians to keep us complacent. In this sense my mother feared Huxley’s Brave New World more than she did Orwell’s 1984. In her view information need discourse, disagreement, and nuance. Television wasn’t a medium suited to debate. Particularly news programs who digested and provided a narrative and a moral arc. No one could discern facts or testable hypotheses from a story. That was an affront to enlightenment values, science, and frankly even religion (she hates when you drag belief into science). So I didn’t watch television as a child as quite literally it would make me stupid and lazy.

It is with this knowledge that I realize the main weapon the populist right has wielded the last four years was distraction. A constant drum beat of incessant crisis after crisis. Never having a moment of peace after outage after outrage was laundered through mass media insistent on making sure it never became normal. The #Resistance committed to remembering that “this is not normal” wore us down daily.

So in a way I think we have come out from under totalitarian thought. It was impossible to make progress on problems when one could only see the next crisis. The question is now how do we react from having constant distraction finally relieved? Do we realize the mess we are in? Distraction bred stagnation. But can we shake it off and begin to the think for ourselves again.

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Chronicle Politics Preparedness

Day 19 and The Anticipation

I’ve been hit hard by the sudden (lol) realization of the chattering classes that “it can happen here” both with the discourse surrounding the pandemic and America’s democracy crisis. Clearly anyone who deals in nuance has been concerned about our institutional capacity for sometime. But that realization becoming mainstream freaks me out.

I don’t mind being seen as a bit of a Cassandra. I think about doom precisely because I’m naturally optimistic. If I didn’t look at worst case scenarios I would live in a perpetually Pollyanna-ish state where I exude complete confidence that it’s all for the best. So I’d rather my public persona be one of concern and worry as I think it’s tactically more worrisome if I’m perceived as being overly bullish. Bulls never get the best prices. Please continue to think of me as one of your favorite bears.

So because I’m a bull hiding in bear clothing I really loathe when the zeitgeist tips into fear for everyone. I don’t know if that means I need to dial in my personal meter to greed to take advantage of the fear. Because if everyone is fearful then I need to go against that grain and be a bull. Contrarianism pays the bills right up until the second it fails spectacularly. The thing is I don’t actually believe anyone is fearful. We are talking a mile a minute about the threat to democracy and the rising death tolls but the entire upper class is riding the rising prices to greater and greater wealth. In a sign that I don’t have a particularly diverse social class everyone I know has has very good earning years. Everyone is rushing to invest and brag about their good fortunes. While simultaneously belly aching about how unfair it all is but really there is nothing they can do.

So what can I possibly use to temper my own temperament when it’s not at all clear where the zeitgeist lives? Is it fear? Or is it greed? is it possible that we are just petrified fat cats the entire lot of us? That would probably explain the banner year for gun permits. I quite honestly haven’t the slightest idea how the midterm plays out. All I can do is anticipate the second order effects. So I did a grocery order before inauguration and I looked at numbers for the spread of the nee covid variant. Only time will tell.

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Chronicle Internet Culture

Day 15 and The Wolf You Feed

A perennially popular “just so” story newly reborn as meme is The Two Wolves Inside. Not to be confused with the also excellent three wolves howling at the moon tee-shirt, this parable has a bit more payoff.

You can find endless “graphic design is my passion” variants of the parable from charming Etsy shop hipster versions to deeply weird mashups of Corinthians and Lanape culture. Thanks Art of The Christian Ninja Pastor dude. I’ll pick the firefighters training blog variant as beefy bros that save us from fires seem as good as any to own up to existential food demon metaphors. It’s not the best of the bunch and missed key elements like the wise grandfather telling the boy a story. But it absolutely captures the spirit of heinous layouts and type treatments meant to inspire you to greater things. Which is probably more core to the meme. As from there it reduces itself to further derp.

Why all this lead up? Why am I showing a badly executed meme that isn’t even the full story. Be patient good reader. Bad to the wolves. Well obviously we want to feed the good wolf. But also starving a part of you that isn’t socially acceptable also seems like a real asshole move. Why would you treat yourself so poorly? Or anyone for that matter. It’s like saying to a date “if you can’t handle the worst of me you don’t deserve the best of me” and then wondering why you get treated like a child. Bitch everyone needs to parent their screaming inner child. Blackmailing a potential partner into doing it for you is called codependency.

But I digress. I recognize the need for my own darker impulses. The tendency to swear (makes me relatable), the yawning almost never ending need for love and attention (makes me good at making things people want) and a litany of other bad wolf behaviors all serve a purpose. So maybe feed both wolves but recognize one of them can also kill you. Nurture it but keep it on a leash. Be the alpha of that pack. Oh god it’s been three wolves all along!

The tricky bit here seems to me where we extend out the metaphor to others. We want to be with friends and colleagues that are not fucking over their own wolves. Eating disorder wolves being starved out of fear. Ignored wolves. Misunderstood wolves. God it’s a parade of the kind of bullshit you have to empathize with daily as we grapple with the intrinsic sin and frailty of mankind. To say it makes the workplace a mess is an understatement.

It’s currently on my mind because I want to spend my time with people who are feeding and training their wolves for the best possible outcome for them. Genuine engagement with your faults and talents is a joy. It makes you better. It makes others around you better. And it’s just more fucking fun. People who refuse or are unable to engage with the sum total of their humanity just aren’t as interesting as those who are committed to becoming the best version of themselves. They also don’t tend to win as often, as limiting yourself out of fear is a finite game with only so many options to be seen as a winner. You either win a definite sum or you don’t. Evolution and bigger games and more interesting problems never arrive. I’ll just wholesale quote Alex Danco here.

First, finite games are played for the purpose of winning. Whenever you’re engaging in an activity that’s definite, bounded, and where the game can be completed by mutual agreement of all the players, then that’s a finite game In contrast, infinite games are played for the purpose of continuing to play. You do not “win” infinite games; these are activities like learning, culture, community, or any exploration with no defined set of rules nor any pre-agreed-upon conditions for completion. The point of playing is to bring new players into the game, so they can play too. You never “win”, the play just gets more and more rewarding. “

So ask yourself are going spending your time with people who are balancing out their wolves in a never ending game of joyful interaction? Or are you spending time with folks trying to kill off parts of themselves in order to win a prize that is simple and understandable. It’s not exactly a value judgement. Winning is good. Harmful behaviors towards others is bad. But I hope that we can all agree that a truly great life is a lot more nuanced than a scoreboard and a morality checklist. And yes this is me encouraging us all to spend time with better people who will support that.

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Chronicle Politics

I Need To Start Preparing

I’ve managed to make it a full week of writing something long form everyday. And this off the cuff stuff is becoming routine but also I need to start preparing topics and having a thesis or two. Because I’m just winging it. With a violent insurrection in the capital smack dab in the middle no less. As I doomscroll Twitter this Friday night I’m barely able to pull myself away from “The Purge” to think about a topic for a few sustained minutes. How could I ever consider “thought leadering” up some content in the middle of all this!

I feel like I should be doing better. Being more productive about this creative exercise. With as much effort as I’m putting in to parenting my inner child and taking responsibility for my emotions you’d think I’d be coping with the insanity of the week better. And writing better essays. Because when you take responsibility for your own actions you can survive anything right? Well maybe for a couple minutes at a time. And then you add them up and it becomes hours and days and I think I’m just reciting AA program jargon at this point. One day at a time don’t “should” on yourself and such.

Truth is I am struggling mightily. While doing the laundry I tripped and smashed my foot into a cabinet so hard I split my big toe’s nail. I spent a good 15 minutes on the floor crying over the pain and unfairness. Like the 5 year old that lives inside me. Because I just feel that fragile and distracted. To do lists are piling up. Obligations aren’t being met. And here I am crying over an ouchie. But then if you told me that you were doing just great and has never more been more officer I honestly might not believe you.

Today’s consumption was all over the place.

Food: Picked up the raw milk from the diary cooperative Light Root Farm. Then stopped to get empanadas for lunch on the way back. I also got ahead of things by securing and preparing for my spot in a biodynamic CSA farm share for spring. Fun fact about this farm? It’s my first YIMBY effort! In 5th grade I testified before Boulder City Council asking to get permits to farm the land my school had purchased. They said no. I was crushed. Twenty five years later the farm exists (no clue how the permits worked out) and now this spring I’ll finally get to eat the fruits of my labor. You do reap what you sow. It just might take a few decades.

Media: Nothing has made a serious impression on me today. I put on NPR with breakfast. I read the various New York Times round ups. I got annoyed at the latest Olivia Nuzzi talks to anonymous political toady piece. Mostly I read up on various cultures for cheese and prepared to make ricotta and yogurt tomorrow.