The true face of our enemies – II

I need to admit; there is one specific family within the Amoebidae’s I loath more than any other. This is a group of “highly educated” – mostly men - that have the majority of ears of politicians and journalists, but hardly ever get a single thing right. The ones I’m talking about is; economists. I’m not only referring to economists at banks or talking about those central bank people that are ruining financial systems at the moment, no, I’m also referring to all those with a “degree” sitting at government departments as “experts”, and those that end up in the news puking their poison through the ether and, of course, I mean those that teach at universities and such around the world instructing people that 1+1= 7 and that Keynes was a superhero.

The reason why I truly despise economists* (in general) is that they are the ones that should know better. And worst of all, many of them do! I promise you that all over the world there are economists (and others) that actually knows how stupid it is with printing trillions of dollars and/or throw stimulus-packages around, but they say nothing.

Here is what they do not tell you:

• Consumption, higher stock-prices and bigger government spending is not the same as wealth. Wealth is created through producing, not buying or spending. So when some economists are, again, claiming to see “green shoots” in the economy because people are buying more stuff, it is not true. In fact, the opposite is true, because there is much more money in the system both from the printing press and from massive borrowing, and interest rates are kept artificially low and this means that people are actually spending money they in reality do not have on things they in reality cannot afford. If people go and waste money on further consumption without producing the equivalent (or preferably much more) value, it is only a way of getting poorer. But, no matter what, it shows up in GDP which makes the economists ecstatic. In the world of the enemy class higher GDP means more wealth. Can you say clueless? Anyone with even a hint of knowledge in economy can, without even trying, increase GDP with tens of percent. This is not hard; in fact it is very easy.

• Many economists claim that deflation is the worst thing there is, which is, of course, also totally false. Deflation - meaning lower prices - is a very good thing and a cornerstone in any healthy economy. If we produce more, faster, and better the prices should go down, even when adjusted for pay-increases for workers and profits to stock-holders. Deflation – meaning the value of money goes up – is also a good thing since we need less money to pay for goods and services. With this said; do you know what our enemies real concern is? Deflation might actually prevent monetary policy from stabilizing the economy because of a mechanism called the liquidity trap i.e. central banks and politicians loose control of the economy. The “problem” economists (and their fellow criminals) see and one of the main reasons for the massive bail-outs and stimulus packages being thrown everywhere is that deflation is said to cause “credit-crunches” (another word for liquidity trap). What they mean with this is that less money in the system leads to less people buying stuff hence we end up in a recession. This is, of course, not true. You need to remember that money is just numbers or useless pieces of paper we use as exchange-goods. Whether the name is “anus-money” or “dollar” has no meaning whatsoever and so hasn’t - if all else stay the same - what it says on the note. If the note say 10, 20 or 100 isn’t relevant, what is relevant, however, is the “value” of that particular note i.e. what you can buy with it. If you can buy a car with 10 dollars or with 1 million dollars has, in that particular moment, no meaning. But, a deflationary spiral caused by government intervention and political decisions; that is another thing. Such a deflation might cause harm, sure, but does not hold a candle to what the alternative is…

• … because we have the fun thing called inflation.
In order to combat the horrifying deflation and get people buying stuff again, central banks and politicians have decided to use Gutenberg’s marvel; the printing press! If anyone wants to know what happens when you use this method of choice you can Google “Weimar republic” or: “Zimbabwe money” and look further from there. Basically what they are doing is throwing money into the system which, partly, according to the belief from above is meant to get spending going again, but it is also partly to pay of debt. Yes, you read it right; they are using newly printed money to pay of loans. More specifically, in our situation, they are printing money to loan money on. Sounds strange don’t it? But mainly the government prints money and says; “Hey you, come buy our country’s debt”. Some poor sods fall for this scam and buy the debt and off the money goes into the system. Putting aside, for a moment, the inflation growing from this bamboozle, this also means that all the money pouring in might trigger some illusions that get spending going. Since most of this money first goes to banks, financial institutes and the government it means that, among other things - ta-dah! – prices on stocks go up! Oh, where have we seen this lately..?

But, of course, this is not all. Inflation (more money in the system) means higher taxes! Yepp, this is a subtle way of increasing taxes without anyone hardly noticing it. Or to put it into another phrasing: the intricate dealings of the enemy class in this regard are the stuff of legends. There are several good writings on this subject and I hope I can inspire you to take a look at some of them, but this subject is to complex to cover in a couple of sentences but as you now know, you are getting higher taxes, getting fooled by our enemy and nothing (read that word again) NOTHING has changed. The problems remains, now even worsened...


A couple of more things you need to know about that you are not being told; we are in worse shape today to tackle and get out of a real depression than we where in the 20’s and that there is already talks about the next AND the next stimulus packages. With all this in mind, do you really think the future looks bright and shiny?

If some worthless cornflake economist comes your way, please make a mental note and remember who it was that ruined your miserable severely fucked up lives and then take appropriate action when the time comes…


* And because I hold a couple of degrees in economics myself… “my people” is screwing us big time!