The Glass Menagerie?
Over at Danielle DiMartino Booth's latest, The Glass Menagerie,..
There is something more in this than natural. tip o the hat to Proximo, aka Salmo. viz. monetary policy incantations based on false doctrine and unnatural guvmint additives, QE, IOER, ZIRP, NIRP make an economic witches brew for consumption.
The resulting side effects of diversion, subversion, perversion and sequestering of capital has arrested transaction velocity, which has put the global economy in a coma. Lacking resuscitation and the necessary monetary flows, RIP capitalism.
In the US alone, counting 2009, over eight years the total economic cost or lost economic opportunity, is now est. $13T and counting. 2017 should add another $2.7-$3T to that total. viz. imagine what $16T additional before tax dollars could have done? Trabeks answer: What is the definition of a value extraction strategy in action.
As things are falling apart, the insanity and abuse has to stop. Because if not, much like the Tennessee Williams protagonist Tom Wingfield's pecuniary malfeasance, resulting in the lights going out as a consequence of the unpaid electric bill, something somewhere in the spiritus mundi has to break. We keep watching for that shadow.
Thank you for the mental viagra. Not you Heidi, Helga, Clarissa and Desiree, (AKA (Sleepless in the Alps) you left me for dead in the loch near the ghetto. This seems apropos...
"This week, Federal Reserve policymakers will release a policy statement that paints an illusion of prosperity in cold monetarist verbiage that feigns the appearance of truth."We commented: A masterpiece and pay no heed to those who understand NOT, how QE and IOER (remunerated interest on excess reserves) and the banking system function. The truth, the whole truth and nothing but the truth....
There is something more in this than natural. tip o the hat to Proximo, aka Salmo. viz. monetary policy incantations based on false doctrine and unnatural guvmint additives, QE, IOER, ZIRP, NIRP make an economic witches brew for consumption.
The resulting side effects of diversion, subversion, perversion and sequestering of capital has arrested transaction velocity, which has put the global economy in a coma. Lacking resuscitation and the necessary monetary flows, RIP capitalism.
In the US alone, counting 2009, over eight years the total economic cost or lost economic opportunity, is now est. $13T and counting. 2017 should add another $2.7-$3T to that total. viz. imagine what $16T additional before tax dollars could have done? Trabeks answer: What is the definition of a value extraction strategy in action.
As things are falling apart, the insanity and abuse has to stop. Because if not, much like the Tennessee Williams protagonist Tom Wingfield's pecuniary malfeasance, resulting in the lights going out as a consequence of the unpaid electric bill, something somewhere in the spiritus mundi has to break. We keep watching for that shadow.
Thank you for the mental viagra. Not you Heidi, Helga, Clarissa and Desiree, (AKA (Sleepless in the Alps) you left me for dead in the loch near the ghetto. This seems apropos...
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