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.
Author Archives: Fantasy Free Economics
The Total Dishonesty Of Macroeconomic Theory
Download PDF Version What is the world’s biggest lie? The world’s biggest lie is that macro economic theories provide even a remote chance of improriving an economy. Despite their popularity and the enormous sums of money their proponents are payed, … Continue reading
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Dying For HealthCare
Download PDF Version Americans have opted to remove all remaining vestiges of the free market system from their health care system. Do not be too quick to applaud them for that decision. The only health care system in the world … Continue reading
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What a Bunch Of Clueless Losers
Download PDF Version Search the entire country and try to find a single Trump supporter who is trying to repeal a single law. Find one who is trying to close a single government agency. Find one who is trying to … Continue reading
What Government Is For And The Business Cycle
Download PDF Version Folks, what is government for? You can give it all kinds of lofty definitions, exalt all of the people who work in it. Then you can declare that everyone who works in government has given up self … Continue reading
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Victims of Fascism
Download PDF Version There are serious victims of fascism. Why is it they are so hard to find? Actually they are right before everyone’s eyes. The truth is that hardly anyone wants to see them. To see the victims of … Continue reading
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The Unseen and Unacknowledged Danger
Download PDF Version A number of years back I was watching a documentary about giant lizards on an isolated island. The lizards had never seen a man, an ape or any kind of primate. So, a human could walk right … Continue reading
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President as CEO of the Nation
Download PDF Version What are the longer term consequences of a president acting as chief executive officer and chairman of the board of the United States of America? What presidents do introduces new roles for government, then normalizes various approaches … Continue reading
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Rigging the Stock Market Long Term Consequences
Download PDF Version Most Americans are unaware the financial markets are rigged. That doesn’t mean prices will never fall. It does mean that the nature of the coming decline will be different than what has occurred in prior bear markets. … Continue reading
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Tagged artificially elevating asset prices, elevating asset prices especially stocks, financial markets are rigged, ow profits are made, welfare for the rich
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Politics Is All Animal Behavior
Download PDF Version With Fantasy Free Economics I teach how to live and survive outside the herd. What is the nature of animal behavior? It is not so much that animals do not think. Their decisions are made automatically. When … Continue reading
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Tagged aggregations of people, animal behavior, Can a president improve an economy?, dominance and subservience, Herd positioning
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The Pope is not a Christian
Download PDF Version One pervasive malady present in daily life is substituting credentials for competence and not understanding the consequences. Being euphemism free, I observe the pope’s speeches and activities according how he functions. Pope Francis has either not read … Continue reading →
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