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Cock O’ Doodle Doo: Chicken Little Government
Making Princeton academic Benjamin Shalom Bernanke Time Man of the Year for saving the financial system was like giving credit to Cock O’ Doodle Dandy Doo, Adolph Hitler, Henry Merritt Hank Paulson Jr or Timothy Franz Geithner for raising the sun every morning they crowed, while not paying taxes and putting people out of work and life.
Maybe, after crowing green shoots for over a year without profits other than layoffs, BSB is beginning to realize exactly why the Fed failed from 1929 to 1949. We can’t make banks, companies, government or We The People go into any more debt than we can afford.
The inflation trade is dead.
Things are no longer going up.
Long live the mattress dollar trade.
We can no longer make it by faking it with 22% fiat money inflation and 22% unemployment.
That ersatz money neoKeynesian game was over in 2008, if not 1930.
Only restoring real productivity and savings will grow our way into real recovery.
That may take decades of enforcing Constitutional liberty and property rights deliberately trashed by Big Techno Brother to rob We The People.
Big Government politicians were so intent on borrowing, spending and taxing their way into catastrophic failures with Autos, Banks, Carbon, Climate, Children, Flu, Healthcare, Jobs and whatever hype sold ads, that only inevitable catastrophic irrevocable failure will stop them now.
No one believes fake government monopoly media headlines any more.
We are out of money except for $2 T in liberated dollar bills worldwide protected from counterfeiting by the Secret Service.
Banks owe more than they own, far more than their deposits. They tell the US Treasury whenever you withdraw more than $3000 cash.
