Winners and Losers?

Following up on the exclusivity in Blame The Club? who are the winners and losers?
"The FOMC then was tilting at a mirage, and so there is again every indication they are merely repeating the same ill-informed presumptions. This is not at all surprising, given that the fundamental link between inflation and money cannot be adequately processed where there is no official definition of money and furthermore there hasn't been any attempt to address this intellectual deficiency since the seventies." - Bored With Hysteria?
Salmo would say they don't know a credit from a debit or money from mud. But that is by design, or as Salmo would say, not by happenstance. Refer to Leroy Jethro Gibbs rules 39 and 39A = There are no coincidences.
"Complete coincidence to the arrival of mass Baby Boomer retirement and the flooding of heroin into the US?  It's an utterly absurd thesis, but we are asked to believe exactly that. It's all "they" have aside from having so abused the word "transitory,""
Again, we invoke Gibbs. All "they know" is what "they" are told to do by their puppet masters. Who owns the Fed? The commercial banks are the stock holders. End of story?

Those at the top of the food chain have instilled a system which feeds on greed, fear and divisiveness. Their system of "force majeure" or "beyond their control", compels individuals onto the corporate treadmills of mindless production and consumption.

Lies, deception, intimidation and entrapment are utilized by this clever and cunning system, which is designed to produce very few winners at the expense of many losers viz. it's rigged and you ain't in the f-ing club.

The "losers" or 99% can expect debt enslavement, servitude, unhappiness, tragedy of the commons, wars, famine and environmental destruction. 

In a system where psychopaths and sociopaths can flourish, what else would one expect?  Now get in the (clown) car and back on the hamster wheel.

Comments

Salmo Trutta said…
See economist Steve Keen. Keen gets the accounting right:

http://bit.ly/2GXddnC
Salmo Trutta said…
The economist Edward Meadows may have put it best:

Is it ever so boring to be a mere cataloguer of economic facts, a lugubrious clerk in the warehouse of petty history, a dull slave to every percentile variation in the GDP? The how much more fun to be a revolutionary? Especially if it’s only a parlor revolution, daring in all its lewd intellectual concatenations yet safe as Madam’s card party; adventurous in its billowy Weltanschauung but so for removed from reality as to be inert gas outside the alabaster walls of the cloister.

We are deep in the caverns of economic theory now. Careful there, the rocks are slippery with moss; be warned of the fathomless logical cavities, the metaphysical cul-de-sacs, and all the methodological stalactites and stalagmites ready to snare the unwary intellect. Be not surprised if you see nothing you recognize. This world is not meant for ordinary mortals; it’s for the merest few—men of occult knowledge and ethereal genius, mathematical logicians with no little contempt for the crude statistics of that vulpine species, the businessman. Economic theory is as estranged from the real world as business enterprise as, say; quantum physics is estranged from the realities of the television repair shop. And yet, while the physicist’s theorizing may find rather immediate, most concrete expression in the repair man’s circuit boards, the economists’ theories have no clear nexus with the natural pulse of economic life. In economic theory, there is no necessary connection between generally accepted facts of experience and their theoretical interpretation. Cash money, for instance, may play an obvious role in actual life, but its position in monetary theory is ambiguous, opaque, contradictory, an issue of hot and cool debate in n dimensions and infinite declensions.”