Jesse’s Café Américain: Monetary Aggregates – Dude, Where’s My Deflation? Better Yet, My Job, Savings, Economy?

Take a good look at the Adolf Hitler quote and contemplate the little or no regard for the mere “sub-human” that must be “managed” by the strong and elite, anointed by natural selection. This is how our government views us, a resource to be mined and manipulated. Only 6% of the managed think they are doing a good job at it. The sad thing is they are simply middlemen and do the bidding for their masters, much they same we dance on the end of the strings they manipulate. They fashion themselves as highly evolved and the apex of humanity while their Wall Street masters carefully guide them and us to processing at the rendering plant. No, we are not governed by the best we have to offer. We are governed by the least imaginative and most unscrupulous that inevitably rise in power because of their willingness to do or say anything that the rest of us find repugnant.

MS

26 July 2011

Monetary Aggregates – Dude, Where’s My Deflation? Better Yet, My Job, Savings, Economy?

Plenty of money printing, and therefore money supply growth, but little of it is from organic expansion. Printing money in low growth environments creates asset bubbles and a top down wealth effect for the upper crust. It also facilitates speculation and fuels soft frauds.The US economy is a broken machine, burdened by an oversized financial sector and policy failures abounding in taxation, trade, and regulation.Unfortunately the governance failures have their roots in crony capitalism and a variety of white collar crimes, disinformation campaigns, and public ignorance, so they are going to be difficult to surmount.

The recurrence of evil, whether it be in physical or economic privation, never fails to surprise one with its lack of originality, if not its sheer banality. It is rarely elegant or complex, but merely dull and ignorant, a brutish force, self-centered, animalistic, and cruel. Beneath the surface the madness lurks, in dark places and hardened hearts, awaiting its hour to rise once again.

“The receptivity of the masses to information is very limited, their intelligence is small, but their power of forgetting is enormous. In consequence of these facts, all effective propaganda must be limited to a very few points and must repeat these until the lowest member of the public understands what you want him to understand by your slogans…The law of selection justifies this incessant struggle, by allowing the survival of the fittest. Christianity is a rebellion against natural law, a protest against nature. Taken to its logical extreme, Christianity would mean the systematic cultivation of the human failure.”

Adolf Hitler

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