Don't panic the peasants

Redoing banking in the middle of a default.  The problem is that some things that were obviously stupid about central banking will change, and the lies we told the peasants for 50 years come undone.  The peasants will freak once they discover we had it backwards.  I can't explain to the peasants that Liz Warren, as president in three years, will be asking poor folks to let the rich get richer for a while. I know, Soros knows it, Eddy Lambert and Goildman Sachs knows it, be we are not allowed to tell the peasants.

Waddya do?  The idea is to pretend this is a small technical adjustment.  No, the central banker i\s running backwards, lower loan charges when we have fewer deposits.  That stuff cannot be hidden.  Like watching rates rise as the Fed buys, it is hard to be an economists with a straight face.  Like increasing debt payments from Italy to Germans is a stimulus for Italy.

Then, they say, oh know, you are missing a trick. What trick, so you look around for another of the same exact cycle, get the same exact result and say to yourself, they are playing the trick.  But then everyone is stuck, it is either screw the poor of save face, and save face wins out.

It ios the constant, unending fakery.  How does one do a study of the depression if you do not know its cause? You fake it, so you can sound important.  Never mind that an asteroid hit New Yokr, bankers cannot see that stuff.

Really silly assumptions that defy all human conditions that I know of.  The predictable result is a sudden monetary regime change. And then, let us drop the sophisticated, two step, sectret ecnomic manipulation that only secret societi8es of se...yad yad yada.

No, it is working the WalMart checkout stand, it is nothing more, never has been and an if a bunch of country bumpkin economists start believing the fraud, then stop then and there, set it straight again before the peasants get suckered.

Decoding the fraud

Stiglitz asymmetric information, it is called.  One has to decode the horse manure, most of it having opposite sign than what they say, mots of it obviously proclyclic when they say otherwise.  But the fraud is part of the circus, it represent real good bottlenecks which is what the kenynesians mostly cover up.  So follow the opposite path, find the thing the Kenynesians are covering up, and that essential thing will be short, the shelf almost empty.
The peasants have neither the time nor inclinations, nor should they have to do the decoding,l it is government supported fraud.  Ultimately, government participates, and like Sacramento, the Swamp becomes financially responsible for defrauding the peasants.

It is exposed, we are free to personally avoid the Venezuelan model.  I have no responsibility to cover the pension shortage.  I did the work, I wasn't the one with the fraud.