Let us make an assumption that my New Fed plan was implemented in 1972, before the 'This time is different' crowd began their fraud.
What would my plan dictate? A renewal 15 years later, 1987. That is the time we instituted the primary dealer program, create the debt cartel. The New Fed does not do debt cartels, instead it renews the contract. It shows that my spectral decomposition is correct, we need to to monetary cycle on a 15 year basis with renewal. We have to do that until the voters figure stuff out.
We didn't do it, instead the boneheads at MIT started the New Fraud. Back then the economists were in the dark ages, before spectral packing was understood, before sandbox. Here we are at 1972 moment repeated. Will we adopt a more advanced system, reducing the volatility quite a bit?
We shall see. My guess is that sandbox is now winning this battle, the central bank will indefinitely lose market share. Wealth has simply given up on dealing with fraudsters and are going full sandbox.
What does this mean for default numbers?
How will we deal with, ex post, was an ignorant gift to the wealthy of some 4 trillion dollars? I mean, AOC and Diane Feinstein can both look back and say, boy the government economists sure committed fraud.
We have every right to call the error and default the misplaced funds. That is what freaks out the 'This time is different' crowd, they were directly involved in fraudulent allocations of interest charges, they created the debt cartel under false pretenses,
No comments:
Post a Comment