I never really understood what people meant when they’d say, “Americans really like to spend.” For a long time I took it at face value, just another tired line about consumer culture, about malls and credit cards and people buying things they don’t need. But the longer I sat with it, the bigger it got. Because the habit isn’t only ours. I started noticing how neatly our personal credit habits are mirrored in national policy. Just like a person swipes a card for something they can’t afford, the government does the same at a scale that’s hard to even picture, borrowing to buy prosperity and pushing the balance forward, always forward, with interest. The private vice and the public policy turned out to be the same gesture. We just run it at different volumes.
And it’s an old gesture. Value has been represented by paper since at least the 1500s, fungible notes that worked fine so long as you could trace them back to something hard; gold, land, a thing that holds. The trouble always arrives the same way. There are never quite enough hard things to cover all the paper, and so the people in charge borrow against tomorrow to pay for today, for the stimulus, the war, the promise that keeps everyone calm. “Trust us, we’re good for it” becomes the whole of the law. And we, you and me, are the tomorrow that was borrowed against. We’re the future generations left holding the bill for principal plus interest, the ones politely expected to believe the output will always, somehow, outrun the debt.
We’ve watched this story end before. We know what happens when the paper finally outruns the trust that backs it, when money stops meaning anything at all.
Berlin, October 15, 1923
Dear child,
We have not yet received your second letter. Hopefully it’ll arrive this week. Conditions have taken a catastrophic turn here. Notice that this letter cost 15 million cash; it will be 30 million beginning the day after tomorrow, and this price will most likely last a mere two days at most. Now you can get things done only with billions. To ensure that next week’s payroll will keep its value, the boys bought dollars on Friday at the (ridiculous!!) exchange rate of 1.5 billion to 1, and they’ll re-sell them on Thursday in order to pay people. For the time being, this week’s pay will be 8 billion, though we’ve had negotiations today because the workers are demanding twice that much. The bread ration card has been done away with, and a normal loaf of bread now costs 540 million; tomorrow, surely twice as much. The streetcar fare is 20 million (tomorrow it’ll be 50!). My God, you probably don’t have the faintest notion of this million-fold witches’ Sabbath.
Kisses, Mum.
The woman who wrote that was Betty Scholem, writing to her son from Berlin in the autumn of 1923. Read it again and notice what she’s actually describing—a frenzy. Wages paid in billions and spent within the hour, dollars bought Friday and dumped Thursday, everyone racing to convert dying paper into anything that might hold its worth for one more day. That is the witches’ Sabbath. It looks like furious appetite, a market gone wild with wanting, but a closer look and deeper understanding reveal what’s really going on—terror from the loss of individual sovereignty. It’s the helpless scramble of people whose paper dies in their hands, kept moving only because stopping costs them everything.
Money is never just paper, it’s fungible exhausted energy, it’s stored life, the most personal thing you own. It’s your hours, your effort, your one finite supply of days, converted into a number you’re told you can trust. When that number is debased, what’s stolen isn’t abstract. It’s the years you already spent earning it. The mother in Berlin had no lever to pull. You cannot vote a dead currency back to life. You can only dance with the witches until the flames gutter and the embers cool.
Today we don’t see the wheelbarrows of cash. We don’t have a fifteen-million-mark bill. And that’s exactly the trick. What we see instead is the same theft in better clothes, the same spending of our lives without our consent, only this time it’s worse, because it doesn’t look like theft at all. It comes dressed as choice. As freedom, even. The wheelbarrow announced itself; everyone in Berlin knew their money was dying. This version keeps quiet. It lets you believe the wanting is your own.
The wanting gets manufactured for us, hour by hour, by industries that learned long ago that the surest way to move a person is to convince them they’re incomplete. We sell our best days to chase it. The dollar in your pocket, you can’t fix; that machine is too big and it isn’t taking your call. But there’s one lever they never took, because they can’t. Whether you spend. What you spend on. How much of your life you’re willing to trade to keep the witches’ Sabbath going.
So what do we actually do?
Less.
Less buying, less upgrading, less subscribing. Fewer notifications, fewer logos, fewer reasons invented for us to feel behind. Less of the frantic conversion of our hours into things we were told we needed, by the very people profiting from the telling. “More is more” has never been uttered by those who’ve already found enough. Less doesn’t mean deprivation. That’s the card industry holds close to its chest, the secret this whole machine is built to keep from you. Less is the open hand. It’s what’s left of your liberty once you stop handing it away.
Our actions and our desires set the incentives. To change the game, we have to want something different, and pursue it with our lives, our morals, our money, and our minutes. Those industries, the ones manufacturing the wanting, they aren’t chasing some grand design. They’re chasing us. They follow the money, and the money is ours, our attention, our hours, our appetite. Every purchase is a vote for more, and so is every refusal. The whole engine runs on a single assumption: that we’ll consume whatever it sets in front of us. The moment enough of us choose differently, on purpose, the incentives bend, because they have no choice but to follow us where we go. We don’t have to storm anything. We just have to stop feeding the thing we keep saying we don’t want, and start showing them, in the only signal they actually read, what we’d rather they build instead.
Nobody chose the witches’ Sabbath. Berlin didn’t dress for it; the dance was forced on them, and they reeled through it because stopping meant starving. Ours is a different kind of revel. Ours is a ball, and we arrive willingly, costumed and glad to be asked, mostly never noticing we ever said yes. We dance because everyone is dancing, because the music is good and the lights are warm and the host keeps the floor full. And the host never tires. He keeps no midnight of his own; the dance is his whole reason, and his revelry is simply the knowledge that we will keep it going for him. Every hour on the floor is paid out of the one account that never refills, the small finite stack of days that is the only real wealth any of us holds. The music will wind down. We are not told when. We only get to decide, while the deciding is still ours, whether to dance until the lights come up, or to find the door while the night is still young.
The future worth wanting was never going to be handed to us in a better asset, or a smarter currency, or one more thing to buy our way free with. That’s just the witches’ Sabbath in a newer costume. The future we want begins the moment we stop dancing, and decide, quietly and confidently, that enough is, in fact, enough.
The letter is from Betty Scholem to her son Gershom Scholem, Berlin, 15 October 1923, as translated in The Weimar Republic Sourcebook, ed. Anton Kaes, Martin Jay, and Edward Dimendberg (Berkeley: University of California Press, 1994).