An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Sunday, June 23, 2013
Joe Weisenthal — GOLDMAN [Jan Hatzius]: Here's How The Fed Can Still Nail The Landing
Says Hatzius....
Business Insider GOLDMAN: Here's How The Fed Can Still Nail The Landing Joe Weisenthal
This is just confirmation of the absurdity of the entire system. A soft landing? Landing onto what? From where?
Are we so powerless as to have to mess with this crazy, ineffectual, indirect monetary policy to provide for people? What the heck are we trying to achieve? If we want people to have jobs, make some jobs and pay them some money. If we want people to have more time, just extend Social Security to more people (everyone?) Is it really that hard?
TO UNDERSTAND THE PONZI SCHEME YOU MUST UNDERSTAND HOW AND WHY THE FEDERAL RESERVE SYSTEM WAS SET UP. Dual mandate of the federal reserve is to take care of the cartel members and they have done this well, the second mandate is to buy power with the exponential interest income money river flow into the coffers of the primary dealers, to use this money to buy more power, control and brainwashing tasks, to keep the masses dumbed down, and to this second mandate they pigs have exceeded all expectations especially with the use of the black hand IRS to keep the sheeple in line.
This is just confirmation of the absurdity of the entire system. A soft landing? Landing onto what? From where?
ReplyDeleteAre we so powerless as to have to mess with this crazy, ineffectual, indirect monetary policy to provide for people? What the heck are we trying to achieve? If we want people to have jobs, make some jobs and pay them some money. If we want people to have more time, just extend Social Security to more people (everyone?) Is it really that hard?
TO UNDERSTAND THE PONZI SCHEME YOU MUST UNDERSTAND HOW AND WHY THE FEDERAL RESERVE SYSTEM WAS SET UP.
ReplyDeleteDual mandate of the federal reserve is to take care of the cartel members and they have done this well, the second mandate is to buy power with the exponential interest income money river flow into the coffers of the primary dealers, to use this money to buy more power, control and brainwashing tasks, to keep the masses dumbed down, and to this second mandate they pigs have exceeded all expectations especially with the use of the black hand IRS to keep the sheeple in line.