That is, that political economy outcomes are the Fed's - or the finance industry's - to determine?
Can The Fed Prevent The Next Recession?
Are they implying that us simpletons in the Middle Class are supposed to sit back and leave Class War to the Finance Generals? Isn't every process too important to leave to the presumed process owners? Isn't that last lesson what every economic, political or any other "system" means?
"MIT economics professor Rudiger Dornbusch famously observed in 1997 -
'None of the U.S. expansions of the past 40 years died in bed of old age. Every one was murdered by the Federal Reserve.'......"
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'None of the U.S. expansions of the past 40 years died in bed of old age. Every one was murdered by the Federal Reserve.'......"
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Famously observed? Famously? How about "stupidly opined?" Stupidly? Or cleverly, for reasons tangential to the assertion itself? Clever like a fox, raiding a hen-house?
What happened to Ye Olde Scientific Methode ? i.e., "let's find out" which unpredictable combination of old+new methods will work next, for a growing ensemble traversing unpredictably changing contexts?
500 years after the Scientific Revolution, why are we still caught in this useless clash of superficial opinions - on center policy stage no less? Such clashes offer easy diversion, but only serve to divide & conquer people who ALWAYS have the most to gain by ALL working together - sharing & combining all available feedback into newly adaptive policy paths?
What happened to Ye Olde Scientific Methode ? i.e., "let's find out" which unpredictable combination of old+new methods will work next, for a growing ensemble traversing unpredictably changing contexts?
500 years after the Scientific Revolution, why are we still caught in this useless clash of superficial opinions - on center policy stage no less? Such clashes offer easy diversion, but only serve to divide & conquer people who ALWAYS have the most to gain by ALL working together - sharing & combining all available feedback into newly adaptive policy paths?
Who could the responsible group be? Oh lets see, the idiotic institutional momentum of aristocracy and class? Personally often innocent through ignorance or stupidity, but institutionally guilty as hell. A divine right? Or a mundane wrong?
Remind me please, the many reasons We the People wrote a Constitution? Surely one was to remind ourselves to listen less to megalomaniacs spouting ideology, and more to the sum of diverse, operational feedback?
All this lingering propaganda, despite what we're supposedly taught about democracy, eventually makes sane people wonder whether there aren't whole classes of people who think small is beautiful, simply because it's a pie that's easier for their limited intellects to steal bigger proportions from.
Finally, why on earth would We the People preferentially select people from the Small-Pie-is-Beautiful crowd to represent a democracy of Americans who like big and bigger things?
It's not exactly as if 'we the people' have all that much choice about who to elect to high public office -- not that this means that more choices would produce better results in a system which is so thoroughly corrupt!
ReplyDeleteWe have adequate choices, and endless options. Social selection always starts with personal motivation and sums with swelling crowd motivation.
ReplyDeleteCentral Planning never exists unless distributed people willingly embrace and submit to it. Even then, it's survival is a mathematical impossibility.