Here’s what David Stockman says about Janet Yellen.
Clueless Janet Paves the Way for Bigger Crash
The truth is, the Fed is inherently, relentlessly and radically in the financial bubble business. But the Keynesian school marm who runs it wouldn’t know a bubble if one transported her to the moon and back.
David Stockman supplies the facts and figures about the Fed’s ridiculous monetary policies. He states “The point here is that this exercise in Ponzi economics is being funded with cheap debt, compliments of Yellen and her ship of fools.”
When you’re finished with this article…I advise you click on the link and read Stockman’s entire analysis about Janet Yellen and the Fed.
See full story on Clueless Janet Paves the Way for Bigger Crash – The Daily Reckoning
My purpose here is to help you see through the illusions of Janet Yellen and the Fed…so you can Master the Social Maze. That’s what The Objectivist Warrior does.
Is Time is an Illusion?
How about time. The Fed’s Zero Interest Rate Policy (ZIRP) denies an essential component of interest rates. Apparently, when you put money in a savings account…you don’t expect to make anything. I guess if you’re part of the Hive Mind Mentality you might actually believe or just accept it. Your Monetary Master knows best.
Let’s say you’ve met the the hottest man or woman you’ve ever come across. If you think the way Janet Yellen and other members of the Banking Elite thinks…you would prefer to make love to this person next year instead of tonight. After all, time doesn’t matter. Your desires can wait for eternity.
Do you ever wonder when this crazy BS started. Eastern Philosophers of the New Age Movement claim time is an illusion. Yeah, maybe when you leave this planet and become an Ascended Master time won’t matter. However, we’re in the flesh…and living on earth. Time does matter.
Now Eastern Philosophy presents some wisdom. I guarantee…Soldiers of the Elite make sure the masses only receive a water-downed version of it. Once truth is drowned…it becomes nonsense. Of course, the Elite can’t have members of the Hive thinking too much.
There’s No Risk…Is There?
Another component is risk. When you invest time or money into anything…you risk losing it. Once again, the Fed’s Zero Interest Rate Policy (ZIRP) shows denial of the basic facts of life. How can a Monetary Master such as Janet Yellen be so clueless?
It makes you wonder if she’s just a “shill” for the Elite.
You’re intelligent enough to know there’s no such thing as a risk-free life. About every activity you embark on involves some risk…even if it is slight. There could be danger just taking a bath. Other activities remain quite risky…like falling for a stock market bubble…and not cashing in soon enough. For instance, in early 2008, the Elite and its Soldiers did everything it could to convince you that your invested money was safe. Yeah, sure.
I know you’re feeling that…a no-risk life could give you a sense of complete security. I understand. Let’s live a life of dreams and happy fantasies. We know that’s not reality.
Hapless members of the Hive Mind Mentality act as if the government can supply the “good” life. The Objectivist Warrior sees through illusion…and that one’s a whopper of an illusion.
Are you sitting around waiting for you needs and desires to drop from heaven?
Carlos Castaneda says “All of us, whether or not we are warriors, have a cubic centimeter of chance that pops out in front of our eyes from time to time. The difference between an average man and a warrior is that the warrior is aware of this, and one of his tasks is to be alert, deliberately waiting, so that when his cubic centimeter pops out he has the necessary speed, the prowess, to pick it up.”
Price Inflation Has Vanished – Or Has It?
I have to assume your health insurance premiums went down since Obamacare became a reality. The Objectivist Warrior faces reality whether it is pleasant or unpleasant.
Since 2010, storage rates at places like Public Storage has gone up almost 70%. Is that not considered Price Inflation. You know, I really need to get my stuff out of there.
Instead of going on about my storage hardship, let’s look at a chart comparing the real rate of inflation with the fake rate of inflation.
As you can see, Soldiers of the Elite tell monetary lies. They figure if you’re part of the Hive Mind Mentality you’ll believe anything.
Let’s Sum It Up
The market rate of interest consists of three components that correspond to the actual state of reality.
The three components are:
- Time Component
- Risk Component
- Inflation Component (Inflation Premium)
We can conclude…Janet Yellen and the Fed are clueless…at least that’s the way it appears. Could something more sinister be going on?
RA Meyer – The Objectivist Warrior Masters the Social Maze