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.
Tag Archives: straw man
The Imaginary Incentive to Serve
Self interest is the natural incentive that makes survival possible. Politics works on the belief that there is also an incentive to serve. The natural incentive to serve exists only in the imagination. Voters go to the poles believing that … Continue reading
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What is Fantasy Free Economics?
What is fantasy free economics? Fantasy free economics is standard economic dogma with all fantasy removed. After that natural law is added in. All of the erroneous assumptions are removed from standard dogma and corrected assumptions are added back in. … Continue reading →
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