The Sound of Distant Thunder

“…what people fear in death is the loneliness of having to leave this world forever. Though people may not be consciously aware of all the phenomena around them under normal circumstances, the thought that that which makes them themselves will be lost forever is a terribly lonely thing.
Kaneko Fumiko (金子文子), 1903-1926, The prison memoirs of a Japanese woman”; translator Jean Inglis. A translation of: “Nani ga watakushi o kō saseta ka,” (1991).

Over the last few weeks, I’ve come across a number of articles that were essentially about the topic of, “Be Here Now”. Short attention-spans and inefficient multi-tasking were cited, at least three articles mentioned putting down your phone, and “meditation” was brought up in several of them. In one case, however, it was suggested in a comment that Eastern meditation had been “corrupted”. And then I heard a radio article about how online media has been connected with higher rates of teen depression and suicide.


When I was much younger, my father said many times that when a person no longer fears death, the world will reveal itself. I was in my thirties before I really understood what he was talking about.

We usually equate “death” with the consequences of a physical conclusion to the biological processes that keep us “alive”.  But it’s not really our bodies that describe the experience of life. That’s something less corporeal, whether the sum of patterns in firing neurons, or an immortal “soul” existing on some higher plane.

Death consequently, is really about the loss of “ego”, or the internal narrative that makes us unique as human beings. Carl Jung called it “psychic death”, or the “…loss of subjective self-identity“. Consequently, what we actually fear is the loss of that uniqueness in our personal experiences. We fear the loss of “self”.

One of the articles I read asserted that all fear is really a fear of death. I’m inclined to agree.

Staying alive is rather essential to the perpetuation of the species. So it shouldn’t be surprising that fear of that which might cause one’s demise is the prime-mover behind most human action…
or inaction.

However, humans, as thinking beings with personal identities based in the interpretations of our own memories, apply it to all sorts of aspects of self-identity… from loss of personal power or usefulness in society, to social identity, and even to our presumed metaphysical selves. And this creates a constant background narrative of fearful noise.

We become accustomed to all this noise, like the din of a city or voices in a crowded restaurant… or the latest “news” on a screen that plays continuously in the background. The sounds become a part of our own identity, keeping us company while creating a familiar space.  And it can be surprising to find one’s self in the clarity of its sudden absence.

Sitting in the living room quietly with the back door open to the darkness.  No sound of laundry or dishes.  The heat is off.  The refrigerator unexpectedly stops running to the unwinding rhythm of a rapidly dying beat.  I can hear refrigerant boiling off for a few seconds, and then…

Unexpectedly, everything changes.

A breeze is blowing in the treetops, and the smell of humid air.  Aspens rustle closer to the ground.  Something chirps rhythmically in the distance, and then stops.  A faraway pine cone tumbles down through a tree.  The air slows for moment, becomes still.  The very distant sound of thunder.
My own breathing.


Photo: View from the top of the Sierra Buttes.

A Fatal Game

 

 

 

 

Let’s play a game…

A $100 bill goes to the highest bidder.

There is no minimum or maximum bid.

Bids must increase in some discrete cash increment… 5-cents, 2-dollars, a Shekel, whatever…

Highest bidder wins the $100 bill.

The catch… Win or lose, no one gets away without paying his bid.

Rusty sees a bargain and heedlessly flops down a handful of change. After all, what’s he got to lose? It’s just a few cents!” And that’s when Dave responds by throwing down a crumpled dollar bill.

Rusty takes a minute to retrieve his wallet, but comes back with a few ones of his own.  Some more crumpled one-dollar bills go back and forth, until Dave answers with a couple of surprise two-dollar bills!  Rusty takes a step back, but then looks at the hundred-dollar bill.  More wrinkled banknotes go onto the table… until Cathy shows up and quietly hands Dave a crisp, new five.

Rusty protests… “That’s cheating!” he shouts, as he turns to his wife and demands access to her purse. Eventually, he returns with a collection of old coin-rolls she’d been keeping in the bottom of her fake Gucci handbag in case she had to defend herself from a mugger.  But Dave surprises everyone again by tossing down a roll of coins apparently abandoned by Rusty’s wife when her purse had become too heavy.

There’s now over $100 in the pile of cash.  Rusty has more than sixty-five bucks invested… as Cathy slips Dave a ten.  Red faced, Rusty sends his wife off to look for any loose change in the sofa cushions while he sells her handbag to his obnoxious next-door neighbor in exchange for a handful of sketchy foreign currency. Soon, both Rusty and Dave approach having the equivalent of $100 each on the table.

If Rusty doesn’t throw down another five-dollars, he will be out ninety-two dollars and fifty-eight cents, and his wife will cane him senseless when she finds her handbag gone.
And if Dave doesn’t respond, he will be out ninety-seven dollars and fifty-eight cents, and Cathy will never go out with him again.

Rusty angrily slams down another roll of coins, sending half of them flying onto the floor.  Dave replies with a fresh twenty-dollar bill.   And now, the game reveals its true self… a competition to see who loses the least. And it will go on, and on, and on until someone goes broke, because no one is looking at that $100 bill anymore.

Post Script: This variation on the old psychology experiment known as, “The Dollar Auction,” came to mind while reading about World Bank estimates for the economic cost of the war in Ukraine.  It brought to mind the question of why wars still don’t end when the expected reward is less than the known expense of continuing the game?

Conflicts often escalate due to themselves.  Goals can change from an attempt to gain something to that of minimizing loss. And then, as participants become aware of the increasingly destructive nature of escalation, the conflict becomes centered on the preservation of face and identity. To back down is to admit defeat; and the only alternative becomes to destroy one’s competition at any cost.

Withdrawal Symptoms


Certain physical acts such as strenuous exercise, laughter, and sex can cause the release of “endorphins”, pleasantly psychoactive chemicals produced by our own bodies. In fact, the term “endorphins” is a contraction of endogenous morphine, hinting to their roles as natural opioids in their effects upon the brain. The function of endorphins is to reduce stress and pain levels, or basically to make us feel better …. much better.

As a regular distance runner, I’m acutely aware of their effects. Enduring the punishment of another 10-kilometer run, the reward is a satisfying afterglow sufficient to elicit blood-pressure low enough to warrant standing up slowly. And yes, it’s also addictive. So if I die after collapsing while running in the rarefied air of a local high-country hill (or during some other likewise physically-induced religious experience), it will likely be with a contented smile on my face.

Building on a combination of science and personal experience, however, I’ve concluded that there are other activities that somehow encourage the release of these same chemicals. Perhaps it’s due to the prolonged mental focus or physical discipline involved. But I think certain movements can tease the brain into subtly encouraging the pituitary into releasing its jealously horded stash of euphoria inducing drugs.

I can’t prove this conjecture; but I can attest first hand to the sense of peace and well-being that results after a few hours on a motorcycle. Arriving home from a ride, the first thing I’ll notice is the feeling of calmness and of being at ease with the world. Subsequent dreams may even be filled with the sense of almost flight-like freedom, able to run so fast as to lean into the wind and touch my fingers to the ground. Bliss…

Alas, the effects of age and an increasing local population of oblivious and impatient drivers combined with the emergence of a late-life compulsion toward self-preservation has forced me to face the fact that the time has come to bid farewell to riding a motorcycle. There will be no more summer roadwork obstructed jaunts through tourist traffic around the lake, dodging deer and road sand over the local passes, or beatings to the kidneys from long and merciless destination rides on rain-grooved freeways.

Exacerbating the situation, my alternative transportation is an air-conditioned four-wheel drive pickup truck that offers little more than the comparative engagement of a mobile sofa. Just the thought of this exchange of experiences depresses me considerably. And the mere sight of a summer sport-bike rider effortlessly leaving me in the dust at a stoplight this afternoon resulted in a profound and visceral sense of withdrawal.

I look in the mirror at the scar on my shoulder that marks where the surgeon wired everything back together after pitching my old Honda, VF-500 “Interceptor” down a mountain road, and keep telling myself that it’s for the best. Maybe at some point, I’ll actually believe it. But while I swore off the infernal machines back then and there, the scar was still red when I replaced what was left of the Honda with a brand new Kawasaki ZZR-600. Just twenty-years old, and I was already an addict.

Belting out one-hundred horsepower at a ludicrous 14,500-rpm, the insurance agent noted that a ZZR’s average life-span was around six-months.  And the claim was plausible.  To this day, I’ve only gone faster in a land vehicle while traveling the high-speed rail systems in Japan and Taiwan.  And the ZZR was the source my last moving violation, along a familiar, winding 2-lane road.

Having crossed over the 90-mph mark, I figured I’d be arrested. But I think the officer was surprised to see a “girl” emerge from under the racing helmet and black leather jacket, and the first thing he did was to thank me for stopping.  His radar had me at 78-mph in a 35-mph zone, mercifully from a side street for which I’d slowed.  The citation ended up being a $15 mail-in for exceeding the state’s then federally mandated 55-mph speed limit.

I kept the ZZR for two years before trading it for an un-rideable Ducati 900 “Super Sport” with a cracked frame, whereupon I reminded my insurance agent that the ZZR had well exceeded its expected life-span under my care. And then, I waited for two months while the Ducati was entirely disassembled, repaired, and finally reassembled into something I could ride. It marked a second encounter with severe withdrawal; and the relapse was a rabid introduction to Italian motorcycling on the most terrifying machine I’ve ever owned.

Despite its hard seat, rattling dry clutch, wrist-numbing crouch, and electrical problems that resulted in others claiming that I’d named it, “Start You Piece of…!”, the Super Sport was my partner on several longer journeys, and it stayed with me for the years right up through graduate school. All these years on, and I can still remember the feeling of throwing a leg over its seat after an evening class, and clutch-nursing the rumbling V-twin out of the university parking lot while attempting to keep its front wheel grounded.

Now, I sit in the garage with a beer, drinking to old loves and lovers. There’s a deep emptiness where the beautiful blue and white Suzuki SFV-650 sat for the last decade, it’s visage inviting tours along winding-roads when the distances didn’t require more than a few hours between stops. A set of bags slung over the passenger seat, it was a ready partner during a profoundly decompressive five-day solo trip up the California coast a few years back.  And its last long trip was a grueling 400-mile, day ride as a more reliable stand in for my old truck when it suddenly died. But then the motorcycle returned home behind my new truck, trailered in deference to the prospect of another day-long pummeling.

A collection of old helmets and gloves mark the generations of relationships come and gone. There are a couple of gaps… a helmet sacrificed to the God-of-Asphalt in exchange for the wisdom that came with the wire in my shoulder, another sold with a motorcycle, and a couple left behind when I found myself suddenly departing Southeast Asia. A back-protector hangs with a collection of jackets and pants, and the usual knee armor is shoved into a pair of touring boots. They remind me that it’s probably a good thing not to pee blood and to be able to feel your toes. But that I care more about such possibilities just reiterates that I’m getting old; and I’m reminded that “disability” is relative…

No more leaning into the wind until my fingers can touch the ground.

 

A Loss of Innocence

For those who don’t follow the news, Former Prime Minister of Japan, Shinzo Abe, was assassinated at around 11:30 AM local time Friday morning while giving a public speech in Nara, Japan.  Abe served as Prime Minister of Japan from 2006 to 2007, and again from 2012 to 2020, making him the longest-serving prime minister in Japanese history. He was also considered to be one of the most consequential if not controversial leaders in the history of modern Japan, and a close ally to the United States.  He was 67-years old.

For the Japanese, this was an incomprehensible event. Video footage broadcast across Japan showed a man calmly walking up behind Abe, raising a gun, and firing a shot from about fifteen feet away. The man then continued to walk toward Abe and fired a second round before dropping his weapon.

The former Prime Minister was hit in the neck and chest and was subsequently rushed away by helicopter, but apparently died before reaching the hospital. This marked a unique event in modern Japanese history.  The last assassination of a Japanese Prime Minister was 90-years ago in 1932, when Inukai Tsuyoshi was killed by ultranationalist naval officers attempting a coup d’état. Today, however, Japan is governed by a stable, mature and inclusive democracy.

Former Prime Minister Abe’s apparent assassin, Tetsuya Yamagami, is a 41-year old man who had apparently quit his job in May citing being “tired”. After his arrest on suspicion of murder, police found home-made weapons and pipe bombs in his apartment. Yamagami confessed to the murder, and claimed that he had a personal grievance with Abe unrelated to his politics.  He also said that he had decided to use the home-made gun rather than a bomb because he wanted to be certain that Abe was not merely injured.

The fact that this was a shooting is one of the most disturbing aspects to the Japanese, where rates of gun ownership and gun violence are among the lowest in the world. According to Japan’s National Police Agency, just a single person in all of Japan was killed with a firearm in 2021. But Japan’s overall homicide rate is less than 3.5% that of the US, contributing to its being considered among the safest countries in the world.

Much of this is due to the understood, cooperative Japanese social contract, which looks at arming one’s self as counter to allowing for the social trust and interdependence necessary for living in close proximity to others. Consequently, gun ownership isn’t imbued with the same romance or status perceived by many in American society.

There are still about 160,000 legally registered firearms in Japan, mostly for hunting. However, their ownership is strictly regulated and pursuant to a comprehensive set of laws and background checks. As of 2018, however, it was estimated that about the same number of firearms were likely being kept illegally . Regardless, their use in crimes is an extraordinarily rare occurrence in Japan, usually worthy of national news coverage.

So more than simply an assassination, former Prime Minister Abe’s murder represents an assault on the Japanese cultural psyche. His assassin not only bypassed the agreed upon rules of Japanese society by creating and then carrying a weapon; he then used that weapon to resolve a conflict in a manner that disregarded a cooperative social agreement central to the very Japanese identity itself.

How Japan and Japanese culture deals with these kinds of people is becoming a more troubling issue. These are the outliers in Japanese society, in many ways similar to the dangerously psychologically disturbed people behind those US mass-shootings, that despite their extraordinary violence account for fewer than 0.1% of US firearms homicides. In Japan, where guns aren’t so easily obtained, these kinds of individuals simply turn to other means… home made guns, poison , knives , cars , fire

Former Prime Minister Abe’s very public murder has spotlighted to Japanese society how tremendous social harm can be inflicted on even the most cooperative population by just few aberrant personalities. In a society where it’s ordinarily deemed safe for even a highly visible political figure to intermingle with a general population, this has been a dissonant reminder that peaceful interactions are pursuant to a precious, and yet fragile social contract.


Images-
Top: Screen shot from NHK News.
Bottom: Mourners in Nara, KYODO

The Ninth Wave

The sea has neither meaning, nor pity.
-Anton Chekhov, Gusev (1890).

The Ninth Wave (Russian: Девятый вал, Dyevyatiy val), Ivan Aivazovsky, 1850.

Wave after wave, each mightier than the last,
Till last, a ninth one, gathering half the deep
And full of voices, slowly rose and plunged
Roaring, and all the wave was in a flame:
Idylls of the King: The coming of Arthur, by Lord Alfred Tennyson (1809-1892)


During the years of my youth in coastal California, I found some comfort in the ocean.  The waves that rumbled ashore lured me into the water, and I learned to dance with them… if in a perhaps heavy-footed way.  Being young and immortal, however, there was an infinite potential for becoming a more understanding partner.  So to the chagrin of the local lifeguards, the risks were to me merely opportunities.  But that was a long time ago.

Years later, during the decade that I worked in Vancouver, I also began to experiment with a sea kayak.  In my imagination, I saw myself some day paddling with dolphins or exploring a remote coastline.  But the reality that we humans are mere intruders into the sea hit me one day, almost literally.  Surprised from behind by the wake of a passing ship in the Upper Burrard Inlet, I found myself unexpectedly cast into a freezing sea.  I wasn’t really in any serious danger; but the experience was nevertheless sobering.

 

The Great Wave Off Kanagawa” (神奈川沖浪裏), by the Japanese Ukiyo-e woodblock artist, Katsushika Hokusai, was created some time between 1830 and 1832.  Among a series of thirty-six views of Mount Fuji, it depicts a great wave descending upon three oshiokuri-bune (押送船), fast fishing-trade boats of Japan’s Edo period.  In the background, the mountain sits motionless, a distant god as the wave’s claw-like tendrils descend upon the hapless mariners.

At times, I’ve studied Hokusai’s frozen moment in wondering.  What compelled such a journey?  What are they carrying, perhaps tuna or squid, for trade, or merely enough to feed their families?   Who are they… fathers, sons, husbands?  Where are they from, and what are their stories?  And how many of the scene’s crew and twenty-four bracing oarsmen, some already swallowed by the sea, will return to their homes to tell the story?  I wonder if even Hokusai knew.

“The Great Wave…” is a typically Japanese portrayal of human fragility.  The huddled forms of humanity who man the boats are anonymous, mere smoldering specks of life at the mercy of an otherwise uncaring universe.  Even the gods stand by, indifferent to the stories forever erased in an event frozen onto an inked page.  And a moment by itself has no past… no future.

“The Ninth Wave” is different.

Aivazovsky’s work reflects an aftermath; the ship has already wrecked.  So there is a story to these lives, framed within an irresistible sea of time.  And yet, there is humanity in his work.  While it at once depicts the inevitable pain of living, it appeals also to something greater than simply one’s destiny.

In the tradition of sailors encountering storms at sea, it is the “ninth wave” that is the great one, the most powerful, the most destructive, the final arbiter.  As Aivazovsky’s “Great Wave” approaches, we see the survivors of those preceding, lesser forces, ones that have already cast them into the sea.  The few remaining souls not yet lost grasp desperately to the last pieces of some shattered sanctuary.

One man clings to the memory of another.  Another man reaches toward a past, submerged forever into the darkened waters.  Two more simply turn their backs, looking instead upon the last as though he is mad.  Only a single man has the courage to watch as the great wave rises.

Lashed to the ship’s mast, its very heart, this lone soul holds some proclaiming form to the sky.  He lives in the moment, experiences it, confirms his destiny as if in the acknowledging hands of some higher power, so that even the storm and the sea itself can’t quite blot out the morning sun’s call to hope.

  • Side two of the 1985 album, “Hounds Of Love”, consists of a seven-track series called, “The Ninth Wave”.  The tracks follow the theme of a person whose thoughts and dreams emerge from being utterly alone in the sea through the night. “And Dream of Sheep” is the first track.  In a 1987 interview (apparently with herself), Kate Bush said of music:

    Some of the most beautiful music ever was written for God, for a loved one, in a state of grief, sorrow, suppression–it seems to be an expression from a person on a higher level…? I’m not sure I understand it at all, but music seems to come out of people when very little else can.

    And Dream of Sheep
    by Kate Bush

    Little light shining
    Little light will guide them to me
    My face is all lit up
    My face is all lit up
    If they find me racing white horses
    They’ll not take me for a buoy
    Let me be weak, let me sleep and dream of sheep

    Oh I’ll wake up to any sound of engines
    Every gull a seeking craft
    I can’t keep my eyes open
    Wish I had my radio
    I’d tune into some friendly voices
    Talking ’bout stupid things
    I can’t be left to my imagination
    Let me be weak, let me sleep and dream of sheep

    Ooh, their breath is warm
    And they smell like sleep
    And they say they take me home
    Like poppies, heavy with seed
    They take me deeper and deeper

What Made Me Do This?

何が私をこうさせたか。
(What made me do this?)
The memoir of Kaneko Fumiko.

The little weed twisted around my finger.
When I tug at it gently, it cries out faintly,
“I want to live.”
Hoping not to be pulled out, it digs its heels in.
I feel mean and sad.
Is this the end of its bitter struggle for life?
I chuckle softly at it.
-Kaneko Fumiko, 1926

In Japan, a family register (“koseki”) is an official document recording and certifying the lives, deaths, identities, and family relationships of all Japanese citizens. The most important aspect of koseki are the records of births and of their parentage and locations, as they serve to document and to certify Japanese citizenship. To fabricate, or to omit information in a koseki is a crime.

On January 25th of 1903, Kaneko Fumiko [Surname Given-name](金子文子), was born in Yokohama, Japan to parents who had never registered their marriage. And consequently, they never registered Fumiko’s birth. Officially, Fumiko did not exist, and this meant that she couldn’t attend school, travel, or claim any of the basic rights of a Japanese citizen. While the Japanese government expounded on the social achievements and the future promises of a rapidly modernizing Japan, Kaneko Fumiko wrote in her memoir, “…for unregistered me, these were only empty words.

Regardless, a young Fumiko followed her friends to school where she could only observe in the classroom, as she couldn’t register as a student.  Her reading materials consisted primarily of old newspaper pages that had been used to cushion store merchandise.

Fumiko’s childhood was characterized by poverty, abuse, and hardship. Her father was an irresponsible and often violent alcoholic who would disappear for days on drunken gambling binges. Eventually, when Fumiko was nine-years old, he ran off with his wife’s sister.  Left in abject poverty, Fumiko’s mother considered selling Fumiko into prostitution.

In 1912, however, Fumiko was registered as the daughter of her maternal grandfather, as was a common practice with children born out of wedlock. But this was only so that Fumiko could be sent away to Korea with her paternal aunt. In 1910, Japan had annexed Korea, and Fumiko’ s aunt’s husband was a member of the Japanese colonial administration there.

Initially, Fumiko was excited by the promise of living with a relatively wealthy relative. Once in Korea, however, she was placed into the care of her paternal grandmother who saw Fumiko as little more than a troublesome nuisance. Her grandmother treated her terribly, brutalizing and punishing Fumiko to the point that she eventually contemplated suicide.

The only solace in Fumiko’s life in Korea was in her relationships with the Koreans. She understood their sufferings at the hands of the relatively wealthy Japanese who had occupied their country. Developing a closeness to her grandmother’s desperately impoverished Korean servant, she became sympathetic to the Korean nationalist cause.

After enduring seven years in Korea, Fumiko returned to Japan and spent the next year shuffling between the homes of her two unhappily remarried parents.  At seventeen, she left for Tokyo, in part to avoid finding herself in an arranged marriage.  But Fumiko had also concluded that the only way to escape a life as an impoverished and powerless female would be to acquire the status of an education normally afforded only to males.

While Japan’s Education Act of 1872 called for the education of girls, its purpose was primarily to prepare them to become wives and mothers. Consequently, there was little resource dedicated to women’s education beyond elementary school, and many saw the practice as socially harmful.  But Fumiko wanted to study mathematics, English, classical Chinese, and eventually to attend a medical school.  In Tokyo, she worked a series of menial jobs as a way to attend a co-ed school mainly intended for men.

As a Japanese center of cultural and intellectual life, the Tokyo of the early 1920s was an inspiring environment.  It exposed Fumiko to new ideas, and while there she was introduced to the works of philosophers such as Henri Bergson (1859–1941) [experience and intuition over rationalism and science], Herbert Spencer (1820–1903) [“Survival of the fittest.”], and Hegel (17701831) [knowledge from self-identity]. She was also greatly impressed by the nihilist philosophers, Max Stirner, Mikhail Artsybashev, and Nietzsche.

Tokyo was also the center of a rapidly shifting government, where new parliamentary political party leaders were displacing the old Meiji-era autocrats. Fumiko had arrived in 1920 to the first May Day march, and a resurgence of the Japanese socialist, communist, and anarchist movements. The Japanese system itself was changing, and she was excited by the promises of leftist movements, buoyed by the 1917 victory of the Bolsheviks in Russia.

Fumiko worked for a time as a waitress at a hot-pot restaurant called the “Socialist Oden”, where she met some of the socialist and communist movements’ leaders. However, she never joined in any of the radical leftist or feminist groups of the time. The covertly organized Communist Party was crushed by the government and its leaders arrested in 1922.  And Fumiko eventually concluded that nearly all of the various movements’ leaders were disingenuous, uncaring, and self-absorbed “…a species of human beings set apart.

What would eventually most move Fumiko was a short poem in a corner of the last page of a galley proof for a monthly socialist pamphlet. In her memoir, she wrote, “Oh, what a powerful poem it was! Every single phrase gripped me. By the time I finished I was practically in raptures. My heart leapt in my breast, and I felt as though my very existence had been elevated to new heights.” Fumiko became instantly obsessed with the thoughts of the writer, a young, poor and wandering Korean nationalist named Pak Yeol.

Fumiko approached Pak Yeol, expressing her wishes to commit herself to both him, and to his cause. But Yeol was a distant, unsettled, and non-committal person. Still, Fumiko persisted, and she and Yeol together eventually formed a group they called “Futeisha” (“society of malcontents”), of which they were perhaps the only members. And then the Great Kanto earthquake struck Tokyo in 1923, demolishing the city and killing over 100,000 people.

In the chaos, anti-Korean hysteria gripped Tokyo, and rumors circulated that Korean terrorists were planting bombs and poisoning water supplies. Innocent Koreans were massacred by vigilante groups, Japanese citizens, soldiers and police. None of the rumors were true.  But by the end of the violence, over six thousand Koreans, as well as 700 Ryukuan-Chinese, 700 ethnic Chinese, and hundreds of Japanese who spoke rural dialects, most of whom were mistaken as Koreans, had been either murdered or summarily executed by authorities.

Many Korean sympathizers and political dissidents, such as the socialist, Hirasawa Keishichi (平澤計七), anarchists, Sakae Ōsugi and Noe Itō, and the Chinese communalist leader, Ō Kiten (王希天), were abducted and murdered by local police and the Imperial Army.  Pak Yeol was among 12,000 ethnic Koreans arrested by Tokyo police, ostensibly for their own safety. Fumiko was arrested two days later.  The Japanese government was using the earthquake as an opportunity to tug out some weeds; and eventually, Yeol and Fumiko were charged with vagrancy, violation of an explosives-control law, and high treason. Police contended that that the Society of Malcontents was planning to throw bombs at the imperial family, and the government claimed that Pak Yeol had tried to smuggle explosives into Japan.

Whether or not the charges were true, Yeol and Fumiko were the ones who sealed their own fates. Despite there being no real evidence, they both confessed to the plot. Perhaps they did so as an act of defiance, and Fumiko later admitted that they had exaggerated their guilt.  But in response to an official interrogation, Fumiko wrote:
…if there is an absolute, universal law on earth, it is the reality that the strong eat the weak. This, I believe, is the law and truth of the universe. Now that I have seen the truth about the struggle for survival and the fact that the strong win and the weak lose, I cannot join the ranks of the idealists who adopt an optimistic mode of thinking which dreams of the construction of a society that is without authority and control. …So I decided to deny the rights of all authority, rebel against them, and stake not only my own life, but that of all humanity in this endeavor.
And in the courtroom, Fumiko declared that, “We have in our midst someone who is supposed to be a living god…yet his children are crying because of hunger,… So we thought of throwing a bomb at him to show that he too will die like any other human being.”

During their trial, Fumiko also wrote a detailed memoir as a court document and intended explanation of the source of her motivations, if indeed her identity. Pak and Fumiko then officially registered their marriage in the court, two days prior to being handed death sentences.  An imperial pardon commuted the sentences to life imprisonment, but Fumiko destroyed her pardon document and refused to thank the emperor.

Kaneko Fumiko was found dead in her cell four months later, on March 25th, 1926, at the age of 23-years.  A guard said that at 6:30 A.M., he saw her at her prison work of twisting a hemp rope.  When he walked past her cell ten minutes later, she was hanging from it.


Post Script:

This remains the only reliably sourced photo of Kaneko Fumiko [Surname Given-name] (金子文子), her face partially hidden by a book while sitting with Pak Yeol.  The photo was taken while the pair were in prison by Preliminary Court Judge, Tatematsu Kaisei, who apparently treated the couple with a degree of respect, likely to encourage their cooperation.

The photo was revealed by press in a criticism of Judge Tatematsu’s handling of the case.  No other authoritative photos of her appear to exist, and those in such as English-language Wikipedia pages are now known to be of another individual.

A second photo appears to show Kaneko Fumiko, possibly during the registration of her wedding to Pak Yeol, as her headwear resembles a Shinto wedding “tsunokakushi” (角隠し).  It appears on the cover of the English version of her memoir; however, I haven’t found any information regarding its source.

During the trial, the judge also asked Kaneko Fumiko to write out an explanation of her actions, as according to Japanese law a defendant should be asked to present, “…anything which may stand in one’s favor.” She responded by writing a remarkable memoir of her life that explained in painful detail how the society in which she matured to adulthood had turned her into the committed nihilist/anarchist who sat in the courtroom.  Her memoir was originally titled, “何が私をこうさせたか。 (“Nani ga watakushi o kō saseta ka.”), translated to English: “What made me do this?”

The last words to the preface of her memoir read, My greatest wish, though, is that this be read by parents, and not only parents, but by educators, politicians, and socially aware persons as well. I would like all people who wish to better this world to read this. Fumiko’s heartbreaking wish had been to leave her memoir to her friends, hoping that they might publish it, if not at least better understand her.  But the judge never returned the document, and her prison records stayed sealed until after World War II.

The exact circumstances of Kaneko Fumiko’s death were never entirely clear.  Depending upon the source, her mother was either not interested in retrieving her body, or never allowed to see it, and Fumiko’s remains were summarily buried in a communal prison cemetery.  A group of Korean anarchists located and removed her body a week later, and the Japanese lawyer and social activist, Fuse Tatsuji (布施辰治), who had defended the couple in court, led an attempt to determine Fumiko’s cause of death.

After the investigation, Fumiko’s remains were cremated, but the ashes were seized by the Tokyo Metropolitan Police.  Pak Yol’s older brother traveled from Korea to retrieve her ashes, but the Tokyo police refused to hand them over and instead sent them to the Korean police.  Returning to Korea, Pak Yol’s brother was eventually able to retrieve them, but only after committing to their burial in an unmarked location in a family cemetery in the mountains of his hometown of Mungyeong.

In 1973, a Korean anarchist used official records to locate the site, which had become overgrown, and eventually a two-meter monument was erected to mark the location.  Then, in March of 1976, exactly fifty years after her death, the “Monument of Kaneko Fumiko” (photo) was erected on land belonging to the Kaneko family in Somaguchi, Makioka-cho, Higashiyamanashi-gun, Yamanashi Prefecture in Japan.  Finally, in November of 2003, Kaneko Fumiko’s ashes were moved from their original burial site and officially re-interred behind Pak Yeol’s birthplace in Maseong-myeon, Korea.

After 22-years in prison, Pak Yeol was released in 1945.  He returned to Korea in 1949, and in 1950 was either captured by the North Korean army, or defected.  He died in North Korea at the age of 71 on January 17, 1974.

In 1991, Kaneko Fumiko’s memoir was translated into English as, “The prison memoirs of a Japanese woman,” author Kaneko Fumiko; translator Jean Inglis. A translation of: “Nani ga watakushi o kō saseta ka.

“…what people fear in death is the loneliness of having to leave this world forever. Though people may not be consciously aware of all the phenomena around them under normal circumstances, the thought that that which makes them themselves will be lost forever is a terribly lonely thing.
-Kaneko Fumiko 

Last Gasps of Excitement

“Hanabi”(花火, lit.: “flower fire”), or fireworks are an ancient Japanese tradition, originally used to drive away ghosts and evil spirits. They’re still a common summer activity throughout the country, with fireworks seen nightly in various locations. Perhaps most notorious, however, is the “Gion Matsuri” fireworks festival in Toyohashi.  It’s a 450-year old tradition of “tezutsu hanabi”, the firing of hand-held, gunpowder-filled, bamboo cannons into the sky, creating a shower of sparks that rain back down onto the participants.

And yes, it’s just as dangerous as it sounds, something like holding a rocket engine / potential bomb in your bare hands while it spits molten sulfur and burning white-phosphorus into the air. And yet, as many as 4,000 participants gather at the festival, each with their own, home-made cannon. The celebration was originally a rite-of-passage testing the bravery of young men, but there are no such restrictions on contemporary participants.

These kinds of dangerous festivals and activities are fairly common in Japan. The “Danjiri Matsuri”, shrine-cart racing festivals give a whole new meaning to reckless driving.  During the “Dosojin Matsuri” in the little mountain town of Nozawa Onsen, the town’s 42-year old men dare an onslaught of drunken townspeople to burn them alive.  And several participants may be seriously injured or killed in the sexennial, “Onbashira”, 10-ton log sliding festival.

But Japan also hosts the melee sport of Bo-Taoshi, and it’s a place where ordinary people can be found day-hiking on active volcanoes or along snow-covered mountain ridges with thousand-meter drops on either side.  Perhaps it’s just a manifestation of natural selection.  But if you want to take your life into your own hands, Japanese society will accommodate your wishes.

Around the time I returned to the US in 2004, “choppers” were a thing. Loud, obnoxious, uncomfortable, ridiculous, dangerous… these were the motorcycle equivalent of an over-sized, fluorescent middle finger screaming, “Screw it all!” Or maybe they were just a last desperate grasp at freedom from the regulations of a politically correct, everyone gets a trophy, don’t let your kids get dirty, keep everybody safe, nanny society?

APHIS, CFPB, EPA, FDA, FTC, NHTSA, OSHA, TSA… More than 70 federal regulatory agencies (pdf warning) employ hundreds of thousands of people to write and to implement regulations that keep Americans safe.  Each year, they add about 3,500 new rules to a list that now fills over 168,000 pages!  The United States is a country in which emotional or physical discomfort can be illegal, where “micro-aggressions” are actually a thing, and the self-acceptance of risk can result in virtual excommunication from society!

My motorcycle is just a Japanese 650 with some overnight bags… no middle finger whatsoever.  Still, a fourteen-hundred mile road tour during my college years on an old Ducati 900, a sport bike with a thin seat and racer-crouch, toughened me up to a little protracted discomfort.  It seems the self-inflicted sufferings of my youth prepared me for getting older. And if that’s the case, the US is in big trouble.

My patience with self absorbed, 20-something flakes and drama queens has lately waned. I’ve stopped worrying about the “sensitivity” and the “triggers”, and started responding with some hard truths, things like: Most people who enjoy life have suffered for it… or else they’re suffering to pay it off.  YouTube isn’t a success and happiness reality show.  Nobody actually gives a crap whether or not you find meaning in your life.  And yes… life tends to go badly, regardless, if you’ve never developed any self-discipline.

My grand niece calls me “ida-oba”, short for “great aunt”, one of those older folks who tends to hang out around the Asakusa part of Tokyo during celebrations. Still, I greatly enjoyed coverage of this year’s youthfully unrestrained Halloween in Shibuya, as well as South Korea’s, Itaewon area of Seoul.  Despite the overtly checked nature of East Asian societies, the massive public displays were untempered by obligatory offense at silly cultural stereotypes (the Buddhist monk dragging a gigantic cross was hilarious), occasional exposed breasts, or the guy in the giant inflatable penis.

Americans just can’t have fun, and I think that’s a big problem.  People who aren’t allowed to laugh or feel a little excitement in their lives tend to resort to less healthy things to light up their existences… alcohol, drugs, TikTok, politics, or rioting after the local tax-funded sports franchise wins a championship. And if there’s one constant in America’s belligerent hooligan history, it’s rioting.

In 1773, it started with a bunch of politically-incorrect Boston party-goers who dressed up like Native Americans and proceeded to trash the overpriced merch aboard a British ship.  Should we be surprised that two-hundred fifty years later, the revelers dress up like village idiots and vandalize the US Capitol?

A frustrated CDC announces that Americans are doomed because we didn’t stop breathing in public or contribute enough to Pfizer’s market volume. So what’s the point of sheltering-in-place now that The End is nigh, the checks quit coming in the mail, and there’s a wild-ass street party down at the next intersection?

Should we be likewise surprised that a bunch of bored, safely masked American youth decided it would be fun to get together and loot a Louis Vuitton, Nordstrom’s, and Best Buy, and then end the night at the local marijuana dispensary?  In the 70s and 80s, bored American, “Devil’s Night”, Halloween revelers painted Detroit’s night sky a pumpkin orange by setting fire to whole blocks of abandoned homes, “akiya” as they’re known in Japanese.

More than 800 of these ghost-infested crack-houses were turned into celebratory bonfires during three-nights of festivities in 1984.  The American safety pundits were appalled; but I’m seeing a missed opportunity.  In Japan, they might have called it the “Akiya Matsuri”, and turned it into an annual festival and tourist event.  In the US, it could even have included the firing of hand-held, gunpowder-filled, auto-loading cannons, raining a shower of lead onto the participants.

Sure, it would be just as dangerous as it sounds.  And yet, I suspect thousands of eager revelers from all over the US might gather at such festivals, all bringing their own cannons.  Once a rite-of-passage testing the bravery of young men, today’s version could be open to anyone as an all-inclusive celebration of natural selection.

無き曲 — Naki Kyoku…


ご注意ください

本日の公演は非常に大きな音量で行われます。
気分が悪くなられた場合は、無理せずフロア外
に出て、適度に休みを取りながらご覧下さい

(More coherent English translation…)
Please be careful
Today’s performance will be conducted at a very high volume.  If you are feeling unwell, it is okay to leave the floor and take an occasional rest.

[Link:”Feedbacker“, performed at the original “Liquid Room” in Tokyo.]

“Boris” (ボリス, Borisu) is a three-member, Japanese experimental band formed in Tokyo in 1992. In the almost thirty years since, they’ve created a vast collection of recordings while touring regularly in Asia, Europe, Australia and North America.

Percussionist, Atsuo Mizuno, rhythm-guitarist/bassist, Takeshi Otani, and the rather opaque lead-guitarist/keyboardist, “Wata”, comprise Boris.  Each plays off the others, almost like jazz musicians.  All occasionally contribute their own, distinctive vocals to music that’s, intentionally, difficult to pigeonhole. But I think it fair to say that much emerges directly from the deeper Japanese cultural experience underlying the more superficial image that most Westerners see.

If that underlying Japanese philosophical perspective had been created by a contemporary Western philosopher, it would have been Nietzsche. There’s an old Japanese parable about a young samurai expressing his fear of death, whereupon his mother asks him, “Then what will you make of the moments after your arm has been severed?” The absolute value of a life is determined in its comparison with the nothingness of void. But that also implies a willingness to peer into its emptiness.

The Japanese call this aesthetic of the deep and mysterious vastness of an unknowable universe into which everything disappears, “yūgen” (幽玄).  And while Nietzsche may have been overtly critical of religion, he did also express an understanding of its place as a shield with which the human psyche protects itself from such an overwhelming perspective.

We reflexively look away from both mortality and our own insignificance in an otherwise indifferent universe.  But the Japanese Buddhist tradition is to form a sort of peace with the fear it elicits by also acknowledging its profound, if incomprehensible beauty.  It’s an acceptance of human suffering, and not as an allusion to another world. It’s about this world, and this experience.

The second time I saw Boris, it was in Tokyo’s seedy Kabukichō, red-light district, at a larger, upstairs “live house” accessed via several narrow flights of stairs. I could hear the approaching tempest as it filtered down the passage, arriving late to a heavy, droning, viscerally loud performance.

About a quarter of an audience of perhaps a hundred people was either sitting or laying silently on the floor directly in front of the stage. It took me awhile to realize that they were processing personal, psychedelic experiences of a long piece appropriately titled, “Flood”. The heavy lament of a deeply down-tuned guitar, rumbling bass, and stormy rhythms passed through a barrage of vintage electronics and massive amplifiers before rolling off the stage in ever greater waves.  I stood in the back, overwhelmed by the resonating sensation.

It was well into the 37-minute piece when Takeshi’s voice finally rendered the song’s only lyrics (translated from Japanese)…

Judged silent earth
From a break in the heavy clouds
Light shines and wraps around
Just flows down
Swells and pours into the curved shore
Overflowing light
Enveloping
A rainbow spans the vast water
Begins a new sky in the distance

In the Osaka born author, Mieko Kawakami’s recently translated-to-English, 2009, “ヘヴン” (“Heaven”), she describes the interactions of two bullied adolescents.  Perhaps lost in its Westernized translation is that in her native “Osaka-ben” Japanese, Kawakami’s writing is as a series of shadowed poems conveying the Japanese sense of surrender to destiny through the cultural imagery it elicits.

In a society where ethical norms emerge from the overwhelming force of group cohesion, Kawakami’s main characters find solace in resigned martyrdom. Individual liberation emerges only through an acceptance of nihilism, either in self-destruction, or by simply not caring about the pain anymore. This is a familiar strain to the Japanese, where the story merely ends without that imagined glimmer of redemption demanded by Western readers.  And it’s an ancient theme.

The Heian Lady-in-Waiting, “Murasaki Shikibu” (her real name lost to history), wrote, The Tale of Genji (源氏物語, Genji monogatari), perhaps the world’s first literary novel, a thousand years before Kawakami. In Shikibu’s story, the hero’s beloved Murasaki was almost certainly a reflection of the author herself. Resigned to existence as the product of a privileged, but isolating courtly tradition, she ultimately dies never having come to a realization of her own life. And when her loss finally compels Genji to contemplate the fleeting nature of life itself, the subsequent chapter, “Vanished into the Clouds”, is simply left blank.

“無き曲” (“Naki Kyoku”), is the culturally untranslatable title to a Boris piece written as a part of a soundtrack to a non-existent film.  The term refers to a Japanese philosophy derived from “Nō” (), a form of traditional Japanese drama dating back to the 14th-century.  Naki Kyoku is the “unsung song”, “music without music”, or the “missing piece”… Shikibu’s vanishing into clouds.

After moving from Thailand to Japan in 2002, initially to help take care of my father’s affairs after his death, I’d found myself more-or-less stuck. The result was an awkward immersion into the murky waters of the Japanese cultural aesthetic while I settled-in for an indefinite stay.

Thailand and Cambodia during the turn of the millennium and the events surrounding “9-11” had left me with a perspective of the world and of what gives something “value” very different from that typical of life in the United States. In the US, we cling to faith and possessions, and to the grand illusions of personal power and independence. But Japan would remind me of the abyss beneath that fragile bridge of ephemeral distractions.

Boris developed in Japan’s “live house” sub-culture. These are small music venues, from basement dives to a handful of halls accommodating at most 2,000 people. Scattered throughout Japan’s larger cities, they’re especially common in Tokyo and Osaka, providing an alternative to Japan’s saccharin-sweet, industrialized pop-cultural scene. The first time I heard Boris was in 2002, in the basement of a yakitori shop just across the street from a train station in Tokyo’s Koenji district.

The proprietor explained that the intermittent rumbling beneath my feet was due to the space below being used for music in the afternoons. And that particular afternoon’s musicians were apparently rather… seismic. A customer then mentioned that an entrance could be found around the back of the building, it’s inconspicuously coded signage an electrical insulator mounted above the door, next to a small warning plaque reading “20,000v”.

Descending steeply along a narrow flight of stairs, the fee for passage into the venue was a token drink cover for something from an unattended bar in one corner. Probably thirty or forty people packed into a space not much larger than that of a suburban American living room. The walls and ceiling including their exposed joists and plumbing were all painted a flat black, giving the whole place a coal-tinted industrial look.

Most everyone was pushed up against some invisible boundary that marked the “stage”, where a small, unassuming and expressionless woman about my age created a massively dark, reverberating and hypnotic melody from her guitar while a rolling-thunder of bass and percussion kept time to some unsettled rhythm.  Oddly, I understood.  These musicians were inviting their audience to peer into an auditory rendering of yūgen, a moment lost in a darkly visceral experience, that of staring into the depths of a vast, impenetrable void at the edge of an ephemeral moment of existence.

Feedbacker part II Boris
(translated from Japanese)
Anguish leaves a beautiful mark
appeared in yesterday’s dream
by a flash of light
touching

End of life
Everything that begins, turns

Shapley, Nash, and Peyton Young

A woman speeding along a mountain road rounds a blind curve, suddenly encountering a car coming the opposite direction… in her lane. Narrowly missing each other, the man in the other car yells as he passes, “Cow!”

Pig!” the woman shouts back.  The Holstein slams through her windshield.

Plato’s, Laches, and, The Symposium, consider a defender at the siege of Delium deciding whether to fight or to flee.  Knowing only that each soldier is in the same situation implies that others might reasonably be expected to make the same choice.  And this reinforces that committing to fight is not only risky, but may serve no purpose.

  • If I fight and others fight, the defense may well succeed.  But I could still be among the casualties.
  • If I flee and others fight, the defense will likely succeed regardless.  But there is less chance that I will be harmed.
  • If I fight and others flee, the defense will fail regardless. I would likely die in vain.
  • If I flee and others flee, the defense will surely fail.  But I will likely survive.

What Plato presents is the backdrop for what’s known in Game Theory as a “Nash equilibrium”, after the mathematician, John Forbes Nash Jr.  This describes a system where a single choice results in an optimal probable outcome, regardless of another’s choice.  Perhaps the best known example is the “Prisoners’ Dilemma”, where two apprehended thieves must each decide whether or not to rat out the other.  In the example drawn from Plato, the single best strategy is to hedge one’s bet and flee.

“Game theory” is the study of ways in which choices interact to produce various outcomes.  The idea of developing a mathematical approach to the analysis of human interaction and conflict dates back to the seventeenth century mathematicians, Christiaan Huygens and Gottfried Leibniz.  But it wouldn’t become formalized until the works of John von Neumann and Oskar Morgenstern were published in the 1944, “Theory of Games and Economic Behaviour“.

Of course, fleeing soldiers don’t bode well for the course of a battle.  But any commander worth his spoils knows that there are ways to change the rules…

The first is to reduce the options allowed by the game. The Spanish Conquistador, Hernán Cortés, did this after landing in Mexico with his army.  Before attacking the Aztecs, he burned his ships, and within full view of the defenders. This both removed his own soldiers’ options to flee, and sent a message to the Aztecs that there would be a high cost to engaging him in battle, regardless of the outcome.  Roman “decimation“, and contemporary law-enforcement are similar approaches to maintaining order by limiting the potential for benefit from certain choices.  But a Nash equilibrium depends upon an assumption of non-cooperative behavior. And this leads to another solution.

In 1951, the mathematician and economist, Lloyd Shapley, formally introduced the mathematics of cooperative game theory. Shapley considered how a coalition of players working together can increase their overall gain. In this way, a Nash equilibrium can be defeated by mutual trust in cooperative decisions. We see this regularly in the social and economic contracts that define “civilization”.  Simply agreeing to drive on the same side of the road is an example, as is accepting currency in exchange for commodities or labors, or mutual respect for the outcome of an election.

Being “trustworthy” may be seen as a virtue, but it doesn’t necessarily rely upon virtuous motives. Coalitions based in trust mechanisms can wield disproportionate power, creating a strong incentive to belong to them.  An individual drive to maintain trustworthiness may thus emerge from the access it grants to the greater benefits of the coalition. This means that working in one’s own coalitional self-interest may appear quite different from the usual material self-interest that economists and popular media tend to emphasize.

While trust-earning behavior is instrumentally beneficial in that regard, it can require a high level of conformity.  Japanese society is a good example, where even minor rules tend to be followed due to the substantial benefits of societal membership.  To participants, the social power this accesses may appear benevolent and supportive. But to outsiders, it can appear impenetrable, and perhaps even dangerous.  Likewise, this can describe many political, ideological, religious, educational, technical, or economic institutions.

This can result in the the perception that developing the trust necessary for access to a coalition is either impossible, or merely a risky option in a Nash equilibrium.  However, “bargaining solutions” can give rise to alternative cooperative behaviors.  For example, gang tattoos are a sort of burning-of-the-ships, announcing to others that the wearer can’t flee.  They act as a shortcut to deriving the trust necessary to participate in a coalition, albeit dysfunctional in the larger social structure, as a best response to a Nash equilibrium.

These kinds of more individualized shifts and responses to complex social interactions, especially over time, are known as “evolutionary” game theory.  Descriptions to the approach were first developed by the mathematician and economist, Peyton Young.

Young was interested in how aspects of personal identity and adaptation affect decision-making.  His approach to Game Theory is more dynamic, and includes how established and emerging social norms, learning, and the effects of innovations color human responses.  Information, especially as it pertains to access, culture, environment, and technology is included in Young’s models.

These lead to some interesting, if sometimes controversial results.  They show how high-risk behaviors can come to dominate over time, and how neighborhoods can become segregated regardless of the individual preferences of residents.  And they also describe how social standards can shift suddenly upon reaching a tipping-point, rapidly spreading through populations when a critical mass adopt a new idea or technology.

In the 1995, “Journal of Economic Perspectives,” Young perhaps most controversially concluded that traditional elections would more accurately reflect voter preference if they were changed to a ranking system.  While conceding that it may not be seen as practical due to its complexity and unintuitive nature, he did however predict that the approach would come to be increasingly adopted as it was found to better reflect converging points-of-view among diverging coalitions.

The ideas of Game Theory ply the boundaries of behaviorism and human thought processes, attempting to quantify the apparent chaos of social interactions.   It’s a simple idea that humans will work to maximize the utility of a circumstance.  But we’re also governed by our perceptions, inner states and motivations… even when they don’t work to our own best interests.

With the exception of the instinct of self-preservation, the propensity for emulation is probably the strongest and most alert and persistent of the economic motives proper.
-Thorstein Veblen, Why is Economics Not an Evolutionary Science, The Quarterly Journal of Economics, vol.12 (1898).

Beware the Hoarding Swarms!

Bad money drives out good.
– Gresham’s Law

Sir Thomas Gresham was an English financier and businessman and an agent for the English Crown in the Amsterdam financial market, which at the time was the financial center for Europe. He would eventually become the court financial adviser to Queen Elizabeth I of England.

When Henry VIII began diluting the precious metal content of English coinage in order to expand the money supply, Gresham noted how the supply of available money actually decreased. In a self-reinforcing cycle, the more that new coinage was diluted to contain less precious metal content, the more hoarding of older coins decreased the supply in circulation. This eventually caused much economic confusion.

While merchants increased prices to match the decreased worth of new coins, there was also a sort of unofficial deflation for those holding older coinage with more intrinsic value. Likewise, Gresham had also watched changes in the relative values of foreign monies in the Amsterdam financial exchange. And this was where he arrived at his conclusion that debased or devalued money leads to the hoarding of more secure forms.

More precisely, Gresham wrote that, “When depreciated, mutilated, or debased coinage is in concurrent circulation with money of high value in terms of precious metals, the good money automatically disappears.

Gresham’s observations were based in “hard” money, or in the exchanges of precious metals of intrinsic value such as gold and silver coinage. This same effect has been seen more recently, as when silver coins suddenly disappeared from circulation after the US switched to using cheaper metals for coinage. During the silver market peak in 1980, it’s estimated that as much as 75% of US silver coins were simply melted for their scrap value as speculators cashed in on rising precious metals prices.

Today, the US mintage of silver (or gold, platinum or palladium) coins is used only as a way for the government to generate income from the minting of precious metals stores at above their “melt”, or “spot” values, effectively rendering them reserve bullion as opposed to money. However, even the current melt value of a US nickel is somewhat more than its face value, suggesting that they could potentially disappear as people are encouraged to trade them for scrap.

Laws banning hoarding or melting-down coins are intended to discourage this. But the way modern governments create money also removes the incentive, as “fiat” currencies are not backed by any physical commodity, such as silver or gold. Their worth is based purely in whatever degree of trust populations place in the presumed wealth and productivity of a nation. So in many respects, recent episodes of “quantitative easing” (creating new money from nothing) by the US Federal Reserve and other national banking systems don’t necessarily have the same effect as minting less valuable coins.

Filling bank and corporate accounts with such fiat money to spend during an economic downturn should, and eventually does cause some amount of inflation if due only to a more diluted money supply.  However, some portion of created money is inevitably reabsorbed by government through increased taxation. This decreases spending, and thus demand for goods, eventually increasing inventories and driving down prices.

Secondly, a government can simply create more money in the form of loans or bailouts to producers, again keeping inventories high. Consequently, the actual money supply becomes an inconsistent predictor of the timing of inflation.

The flipside is that fiat money relies upon a foundation in the faith that it’s worth something. So if enough people one day look at their banknotes and decide that they are less secure than what they can buy, they will rush to exchange them for something perceived as less risky.  And this is exactly what drives the hoarding of limited commodities such as construction materials, land, housing, gold and silver… or digital currencies when money loses its value. The result can be rapid and massive “hyper-inflation”.

In 2020, the the US Federal Reserve committed to creating the equivalent of almost 29-billion dollars per day in order to keep the US economy functioning. As of now, this has resulted in over $10.5-trillion entering the US money supply, or more than $30,500 per person in the United States. This is a phenomenal amount. Had this all been printed in $100-bills, it would have weighed well over 100-billion kilograms, or the mass of about 100,000 automobiles. However, virtually all of it exists (or existed) only as data in US banking systems.

Where all of this money ended up is less clear. About 15% went as either direct payments to households, or as enhancements to states’ unemployment insurance benefits. And according to the US Federal Reserve, the US “Money Supply M0” increased from about $3.4-trillion in February of 2020 to $5.85-trillion in March of 2021. And while that’s a more than 40% increase in the the money supply including coins and notes in circulation and other assets that are easily convertible into cash, it accounts for only a fraction of what was actually created.

As the risk of significant inflation appears increasingly likely, large accumulations of money, either in corporate or investment accounts or in the pockets of the super-wealthy will likely be turned into various assets that are at least perceived as more secure. To some extent, this is already taking place as the prices for commodities such as precious metals, building materials, and oil have ballooned.  Even technically limited stores of fiat wealth, such as various digital currencies, have seen tremendous growth.

Moreover, this is being exacerbated by the same low interest rates that the Federal Reserve has used to stimulate economic investment. Speculating on inflation, investors use bank loans to purchase material assets such as homes or commodities figuring they will later be able to pay off balances with less valuable money, essentially short-selling the dollar. And in another of those self-reinforcing cycles, this further serves to drive up prices by increasing demand.

A recent extreme example of where this can potentially lead is Venezuela’s currency, the “Bolivar”, which despite being printed in denominations such as “500-million”, is now essentially worthless. With an inflation rate of 2,265% per year as of November of 2020, Venezuelans dumped them as quickly as possible by exchanging them for goods… or for U.S. dollars. So will the US economy collapse like Venezuela’s?

In a word, no. But as inflationary economics take over and currency becomes ever less valuable, the divide between “haves” and “have-nots” will grow larger. Those with intrinsically valuable assets such as homes or other property, or who have moved their capital resources into more value-stable stores such as certain foreign currencies, gold, or possibly even digital currencies, will watch their assets increase in value as the relative worth of the US dollar drops.

Meanwhile, those stuck with nothing more than a salary (or a government payout) provided in increasingly worthless dollars will fall ever farther away from any hope of achieving prosperity. Just five-years of 6% inflation would set back the actual buying power of a $15 per-hour minimum wage by $5.

This isn’t to say that the US government did the wrong thing in attempting keep the economy afloat during the 2020 pandemic. But it is a reality check for those who think a nation can solve its problems through the creation or redistribution of wealth by printing money. Even a fully socialist government has to adhere to the reality of economic good faith. Merely attempting to pay-off one’s debts by adding another zero to the amount on an already overdrawn check doesn’t mean that one’s creditors will necessarily accept it as payment.