I was never important, or close to actual power, but the most striking thing from my time in foreign policy is that there is no secret curtain behind which the kayfabe drops, there is no insider understanding that isn't for normies. It is deeply credulous all the way to the top.
What Nathan Tankus says here about attending one of Peter Thiel's secret conferences rings true to me. The people who run the world are not super-geniuses lying to the proles. It's even more frightening: the ultra-rich believe what they say in public & are functionally insane.