It Is Much Worse Than It Looks

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The mention of the Plunge Protection Team is a trial balloon. How much in the name of bailouts is the public willing to swallow? Suppose the public turns out to be less than enthusiastic to the idea of of serving a giant crime syndicate for a few more decades?  Does that mean no bailouts? That would only mean more force would have to be used to convince the public to be more patriotic. Who knows? The public might swallow the whole thing. Americans are trained from infants to promote their own poverty. They have been doing just that enthusiastically since the middle of the Reagan administration.

My point here today is that we are entering an actual depression, not a recession. This is one of those once or twice in a lifetime events where entire populations in all countries will be offered a look at reality.

I have been posting videos on the new Fantasy Free Economics YouTube channel.  So far they all focus on reality and the choices a person can make in choosing the right version of reality to adhere to.

Why Youtube? With a Youtube channel it is possible to reach a broad section of society. If you have ever tried to spread the truth around, you already know it is a tough sell. If you like this blog, Don’t be shy about posting sharing these videos and the articles as well. Actually, the truth is always free. People pay to hear any other alternative, and mostly only engage in truth seeking only when their fantasy world collapses around them.

It turns out that at this very moment fantasy worlds are unraveling all around the globe. The economic abyss we are falling into is much worse than can be easily fathomed.  Decades can go by where entire populations are completely out of touch with reality and happy just because of it. Today’s issues are so serious, our political system as well as our economy may not survive.  Why get in touch with reality? At this point, it may turn out to be necessary in order to survive and keep from losing everything you own.

Of course I adopt the version of reality nature provides. That version is not very popular but it could very well be the only one left a little further down the road. When reality catches up with mankind suffering goes parabolic.

The truth is a hard sell. Fantasy Free Economics gains readers one at a time. Major search engines simply do not list blogs which disagree with their political agenda. As long as folks share the link to this blog and others speaking out against the grain, the truth will at least trickle into the public consciousness.
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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.
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