Posts Tagged ‘central banks’

WHO’S RUNNING THE ASYLUM?

Monday, January 19th, 2015

“It is well enough that people of the nation do not understand our banking and money system, for if they did, I believe there would be a revolution before tomorrow morning.” -Henry Ford (1863-1947), founder of the Ford Motor Company

Some observers might be asking themselves, “What maniacs are in charge of the international monetary system?”

That whoever they may be are governmental thieves is bad enough, but maniacs, as well? It can make a productive citizen cry. No? Ask the 2,000,000 workers in the USA who’ve lost their manufacturing jobs since 2007 or the 15,000 businessmen who’ve closed their factories.(1)

Recovery in manufacturing? What recovery?

Let’s look at the latest example of the madness. Again, the Swiss National Bank intervened to manipulate the value of its currency . . . this time reversing its previous intervention of three years previous. Consequence cognitively? Uncertainty. Consequence emotionally? Anxiety. Consequence behaviorally? Volatility. Hey, behavior has its consequences.

Is the agreement among the trans-national tax-bandits, explicit or implicit, unraveling? If so, hope for the best but expect the worst.

Say, isn’t it only right that these governmental thieves lose control of their evil ship “Larceny”? Some would say so.

Admittedly, in running aground, it may inflict damage beyond that which even their critics could have predicted, but, then again, who elects the bozos . . . the power-hungry politicians . . . who appoint and confirm the misguided central bankers? We, the voters, do!

Truly, Switzerland may be small geographically, but it possesses disproportionate, economic power. When a butterfly flaps its wings, can it cause a tsunami to occur in Asia?

Cluck. Cluck.

Alright, forget about butterflies. How about chickens? Are the proverbial chickens coming home to roost?

For several years, the central bankers have been engaging in a game of “chicken” in their race to the bottom. Now, some players seem to be opting out of that lethal game. Consequence? Economic anarchy. Consequence of allowing economic anarchy? Economic tyranny. Consequence of imposing economic tyranny? Political tyranny. Say it again, behavior has its consequences.

“Put not your trust in princes,
Nor in the son of man in whom there is no help.” -Psalms 146:3

Did the sages of old know something that we’ve forgotten or, more likely, chosen to ignore? If the chickens, indeed, are coming home to roost, our collective goose is cooked. Still trust in men over virtue? Still trust in men over Science and the Scientific Method with its guidelines of specificity, objectivity, and accountability? Still trust in central bankers with their misguided ideologies and ill-conceived theories over free markets, would that there were some?

Isn’t there a better way? Yes. Shall we employ it (www.inescapableconsequences.com)? Not likely.

“Mundus vult decipi, ergo decipiatur. The world wants to be deceived, so let it be deceived,” said Petronius in the 1st-century A.D.

“Tell the morons what they want to hear,” say the politicians of today.

Reference
1. Barron’s. 19JAN2015, page 14.

Note (19JAN2015): Given the state of international economics, this posting will run for two weeks.