Once Aryan Skynet Goes Live It Doesn't Matter Who Pulled The Switch
All the Markets Need Is $200 Billion a Quarter From the Central Bankers
By Simon Kennedy Oct 21, 2014 7:18 AM ET
The central-bank put lives on.
Policy makers deny its existence, yet investors still reckon that whenever stocks and other risk assets take a tumble, the authorities will be there with calming words or economic stimulus to ensure the losses are limited.
A put option gives investors the right to sell their asset at a set price so the theory goes that central banks will ultimately provide a floor for falling asset markets to ensure they don’t take economies down with them.
There is a requirement of banking, for it to be allowed to exist; it should pay compound interest to savers that is above the rate of inflation. Also, banks that lend unwisely should be allowed to fail. There should be no floor on asset markets (stocks, bonds)! Banks have to be allowed to fail! Duh!
By estimating that zero stimulus would be consistent with a 10 percent quarterly drop in equities, they calculate it takes around $200 billion from central banks each quarter to keep markets from selling off.
So we should have “collapsed” a long time ago. It’s a long decompensation. Banking and government are one and the same, and going down together.
No one remembers honest banking. Honest banking would have let these rich men jump out of their windows of their high rises. Honest banking means regular people who save money can earn compound interest above the rate of inflation.
We seem to have forgotten that. We wouldn’t need Social Security/Medicaid et cetera if we simply had honest banking.
So I got the good news, and I got the bad news. Bad news first.
The bad news is that they broke honest banking in order to install socialism and a New World Order control system. It’s the Cloward and Piven Plan.
The Cloward–Piven strategy is a political strategy outlined in 1966 by American sociologists and political activists Richard Cloward and Frances Fox Piven that called for overloading the U.S. public welfare system in order to precipitate a crisis that would lead to a replacement of the welfare system with a national system of “a guaranteed annual income and thus an end to poverty”. Cloward and Piven were both professors at the Columbia University School of Social Work. The strategy was formulated in a May 1966 article in the liberal magazine The Nation titled “The Weight of the Poor: A Strategy to End Poverty”.
The two stated that many Americans who were eligible for welfare were not receiving benefits, and that a welfare enrollment drive would strain local budgets, precipitating a crisis at the state and local levels that would be a wake-up call for the federal government, particularly the Democratic Party. There would also be side consequences of this strategy, according to Cloward and Piven. These would include: easing the plight of the poor in the short-term (through their participation in the welfare system); shoring up support for the national Democratic Party-then splintered by pluralistic interests (through its cultivation of poor and minority constituencies by implementing a national “solution” to poverty); and relieving local governments of the financially and politically onerous burdens of public welfare (through a national “solution” to poverty).
The good news is that the people doing this are a coalition of plutocratic madmen made crazy by their wealth and equally whackadoodle Ivory Tower and Think Tank “perfessor” types who have little or no contact with real life. This drama ends with them destroying their own source and base of power.
It’s the old story of people with power but no sense writing orders for competent men who can see these orders and plans are totally whacked out, but try to implement anyway so they can support their family.
One layer below the plutocrats and Ivory Towers are people who don’t believe in them at all and when the plutocrats fail, the people just below them will seize power from them. Much like happened in the late Roman empire.
Take Nat Rothschild:
I met someone who piloted his jet in a car dealership service waiting room, waiting to get his Saab fixed. He knew Nat and Deripaska and some ministers from the Russian government. He met them, shook their hands, had their lives in his hands.
I had a long conversation with this pilot, and we talked about the loss of compound interest for ordinary people, and even about forced racial mixing and mass non-white immigration. This dude was 100% on our side. 1000% if that’s possible!
The Oligarchs are being too clever by half in Breaking the Machine using Cloward and Piven. They think they will get Cloward Piven socialism and control, but what they will end up getting is the source of their power, smashed! They are deliberately sinking the very ship of which they are captains!
Do you think they will be offered to captain the lifeboats we are able to piece together from the wreckage? I don’t think so.