New Pillars of Manipulation

Since 2006 I have been writing that the purpose of Federal Reserve policy is to elevate asset values on behalf of the world’s most politically powerful citizens. This is the only agenda the Fed has and it is the only agenda it has had for many years. I am very careful to study institutions and people according to how they function and disregard how they are defined. The Federal Reserve has never had a policy, theory or anything else that had one iota of a chance of bolstering economic activity or doing any good for the common man.

The various programs from 2008 forward have all had the purpose of protecting the assets and incomes of those wealthy enough to buy the Fed’s services.

It is said that the Federal Reserve is out of tools for the stimulating the economy. It never has had any tools and never will because they don’t exist. The Federal Reserve still has plenty of tools for manipulating the stock market and those tools will be used. The greatest tool the Fed has for all of its activities is the extreme stupidity of United States citizens who have for generations been trained to promote their own poverty.

Anyone following the stock market will notice many articles these days about how vulnerable the stock market is. Corporations like Bank of America and Goldman Sachs are constantly putting out statements of impending doom. These kinds of commentators are members of the Deep State and are in good standing. Everything written about the vulnerability of financial assets and the overall economy is absolutely true. That doesn’t mean asset prices are about to tank immediately. When articles and statements of this nature appear in abundance, it means there will be a new attempt to goose the stock market. The more negative sentiment there is the more short positions will be initiated. Short sellers are important buyers for the next leg up.

So what will be the essence of next stock market stimulation. Squeezing shorts will be an important element to start things off. Central Banks have already been buying equities. The emphasis will now shift towards governments buying up the factors of production on a worldwide basis, What is the Deep State other than a way to control control the economic activity of the entire globe?

Add together closely held stock of Deep State members to what governments can be enticed to buy through their central banks and total control is complete. How does a group take over the world? The Deep State already owns the United States of America as well as most other economic powers. Central banks are simply directed to start buying masses of stock outright. By virtue of owning the world’s largest governments plus stock they already own privately and the Deep State will own the factors of production.

 

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About Fantasy Free Economics

James Quillian independent scholar,free market economist,and teacher of natural law. Who is James Quillian? Certainly I am nobody special, Just a tireless academic and deep thinker. Besides that, I have broken the code with respect to economics and political science. Credentials? Nothing you would be impressed with. I am not a household name. It is hard to become famous writing that virtually no one in the country is genuinely not in touch with reality. But, if I did not do that, there would be no point in my broking the broken the code. If you read the blog, it is easy to see that there are just a few charts, no math and no quantitative analysis. That is not by accident. Given what I know, those items are completely useless. I do turn out to be highly adept at applying natural law. Natural law has predominance over any principles the social science comes up. By virtue of understanding natural law, I can debunk, in just a few sentences , any theory that calls for intervention by a government. My taking the time to understand the ins and outs of Keynes General Theory is about like expecting a chemistry student to completely grasp all that the alchemists of the middle ages thought they understood in efforts to turn base metals into goal. Keynesian theory clearly calls for complete objectivity. Government can only make political decisions. Keynesian techniques call for economic decisions. So, why go any further with that? Fantasy Free Economics is in a sense a lot like technical analysis. Technical analysis began with the premise that it was impossible to gain enough information studying fundamentals to gain a trading advantage. Study the behavior of investors instead. Unlike technical analysis, I don't use technical charts. What I understand are the incentives of different people and entities active in the economics arena. For example, there is no such thing as an incentive to serve with life in the aggregate. In the aggregate, only self interest applies. It is routinely assumed otherwise. That is highly unappealing. But, I am sorry. That is the way it is. I can accept that because I am genuinely in touch with reality. Step one in using Fantasy Free Economics is for me to understand just how little I really know. A highly credentialed economist may know 100 times what I do based on the standard dogma. Compare the knowledge each of us has compared to all there is to know and we both look like we know nothing at all. There is always more than we don't know than what we do know. I am humble enough to present myself on that basis. Why? That is the way it is. I am not bad at math. I have taught math. What I understand is when to use it and when to rely on something else. Math is useless in natural law so I don't use it. While others look at numbers, I am busy understanding the forces in nature that makes their numbers what they are. That gives me a clear advantage.