Animal Spirits Trump Capital
From Kramer: "We need to be useful, but we don't need to be workers any more than a homemaker or full-time parent needs to be one. I'm just saying that the option of being useful by providing marketable outputs is going away, and we need to find some other way to be useful. As I said in my previous post, you cannot will jobs or God into existence."
The Nattering One muses... Government by the people and for the people? An urban myth that needs an update. Government by the corporation and for the special interests and now please stand for our corporate anthem.
Too many freaks and not enough circuses... The tried and true solution "animal spirits" addresses what is currently under the Big Top at the global three ring circus and freak show, which we have front row seats for: global economic depression, recession and stagnation.
"Animal spirits" have nothing to do with the side shows which the great OZ (CB's) have distracted the masses with by statistical sleight of hand, i.e. deflation or inflation. Our current malaise, is not a matter of inflation or deflation and there is an organic way out of this Keynesian nightmare.
As mentioned in Wages Trump Capital, we are in great need of a new age deal or WPA with private sector and government "animal spirits" generating local lending, local jobs, local economic independence. The continued perversion of capital into financial engineering (money shuffling) rather than a durable economic base will not end well.
Those who do not learn from the past are doomed to repeat its mistakes. To make money you have to spend money. Ye shall reap what ye sow. More to come.
The Nattering One muses... Government by the people and for the people? An urban myth that needs an update. Government by the corporation and for the special interests and now please stand for our corporate anthem.
Too many freaks and not enough circuses... The tried and true solution "animal spirits" addresses what is currently under the Big Top at the global three ring circus and freak show, which we have front row seats for: global economic depression, recession and stagnation.
"Animal spirits" have nothing to do with the side shows which the great OZ (CB's) have distracted the masses with by statistical sleight of hand, i.e. deflation or inflation. Our current malaise, is not a matter of inflation or deflation and there is an organic way out of this Keynesian nightmare.
As mentioned in Wages Trump Capital, we are in great need of a new age deal or WPA with private sector and government "animal spirits" generating local lending, local jobs, local economic independence. The continued perversion of capital into financial engineering (money shuffling) rather than a durable economic base will not end well.
Those who do not learn from the past are doomed to repeat its mistakes. To make money you have to spend money. Ye shall reap what ye sow. More to come.
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