Monday, January 26, 2015

Quantitative Thieving is the real job of Central Banks, and economists are nowt but low-grade clerics in the dogmatic religion of Economics that prop up the system of Banking and Finance.
Let's look at the numbers.... Using approx 250 million people in the Eurozone.
50 Billion Euros/month = 200 Euros/month per person...but when CENTRAL BANKS do this by QE, they only buy government and corporate bonds, so the money reaches the banks and the richest investors only. Only pure luck allows any to get down to ordinary people, because everybody above has helped themselves to the splurge.  If they really wanted to boost the Eurozone, they could hand out 200 Euros/month to each person. It would be far more fair, but more than that, it would actually work! Every little person receiving 200 Euros would either use their money for demand, or to pay off debt.  At this point, an economist will stand up and start spewing out jargon about money supply and monetary velocity and drown out all common sense.  Whoopee... Islamic fundamentalism is much easier to deal with than Economic dogma.

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