The Pretense of Knowledge PaysThe American reptilian brain says the Federal Reserve is critical for managing the economy. The larger thinking brain, if engaged, easily sees that Federal Reserve members are paid for the pretense of knowledge. Are these members the world’s best economists? No, they are the best politicians among the country’s set of economist. The larger thinking brain, again if commissioned to think, easily recognizes their actual role. The genuine role of the Federal Reserve is to carry out political agendas which normally focuses on transferring wealth from the bottom of the income ladder to the top.
Monthly Archives: January 2017
Economics by Force
For all but the last few hundred years of history, economic expansion and the acquisition of big things came by using force. There are really only two economic systems, taking by force or trade by mutual agreement. The United States … Continue reading
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Tagged communism, economic policy, economics by force, fascism, socialism
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How the Stock Market Goes Higher?
Ten percent of the population owns eighty percent of all stock. That group doesn’t trade. They hold. There is no other place to put their money. Wealth has never before been this concentrated. As long as government policy is to assist … Continue reading
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Replacing Obamacare the Difficulty
Who wrote the Affordable Care Act? Was it Obama? Was it a group of citizens? How about bunch of lawmakers? No one knows exactly who wrote the bill. We do know that citizens and their representatives had nothing to do … Continue reading
The New Messiah
Hollywood lost its messiah as have minorities and a few others. Although the elite, Wall Street, international banks and the others supported Clinton they have lost nothing.With Clinton they already had their cake and were about to eat it. Now … Continue reading
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Tagged celebrities, economic lives, federal reserve, messiah, quantatative easing, Trump, worshipping leaders
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What do people Want?
I am at a lost to understand what exactly it is that people, especially Hillary supporters want out of government. What have they been getting that they have now lost? What is it that Donald Trump is going to take … Continue reading
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Tagged anti trump protest, hill;ary supporters, monetary loss, pussy hats
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The Source of Anxiety Over Trump Winning
Do not attribute the anxiety of the rich, celebrities or minorities to patriotism. With Trump as president, the rich have a good chance of being taken off welfare. Corporate profit margins are elevated because of Federal Reserve policy. The stock … Continue reading
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Tagged anxiety, celebrities, costs are hidden, minorities, Trump, welfare for the rich
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Stock Market and the Inauguration
Regardless of what happens on inauguration day, there will be a huge effort to rally the stock market big time. That is the standard mode of operation with respect to potentially big days bad or good. Expect massive intervention. If … Continue reading
There are no Conservatives
A conservative is one who does conservative things or pushes the government to do conservative things. Notice the enormous number of professed conservatives. Do not think for a minute that there is one genuine conservative among them. Conservative-speak is for … Continue reading
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Americans the Economy and Their Government
There is a huge difference between fantasy based economics which is taught at Harvard, Yale and all of the expensive universities around the world and the simple concepts I teach with the Quillian, Fantasy Free Economics approach. Mainstream economics has … Continue reading
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Tagged American Citizens, Dog and master, economics herd instinct debt ceiling politics economics herd instinct economics debt ceiling politics economics herd instinct Senator Rubio economics lesson tax the poor Eco debt ceiling politics econ, free, freedom, master, serving a master
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In Search of Constants
Although there are claims to the contrary, there are no independent variables in economics. Typically, an economic model will assume one variable will change and other incentives will be undisturbed. In the real world, when one variable changes, all other … Continue reading →
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