"In reality, the entire inflationary mini-boomlet-within-the-depression was simply an illusion. 'GDP growth' that is bought with monetary pumping and feckless fiscal spending only misdirects and ultimately consumes even more scarce capital.
Fiscal stimulus may temporarily give the impression of a recovery, but it is not a genuine recovery. It makes things worse. The moment the pumping is abandoned, the true state of affairs is simply unmasked. That is what happened in 37/38 - a slight tightening of monetary policy revealed the fact that the mini-boomlet was as unsound as its predecessor boom in the years prior to the '29 crash.
It would not have been possible to hide this reality forever. There is nothing, absolutely nothing, that government intervention can achieve in terms of 'fixing' the economy. The choice was in either abandoning the unsound policy and the unsound investments it produced, or careen toward a complete destruction of the currency system."
Fiscal stimulus may temporarily give the impression of a recovery, but it is not a genuine recovery. It makes things worse. The moment the pumping is abandoned, the true state of affairs is simply unmasked. That is what happened in 37/38 - a slight tightening of monetary policy revealed the fact that the mini-boomlet was as unsound as its predecessor boom in the years prior to the '29 crash.
It would not have been possible to hide this reality forever. There is nothing, absolutely nothing, that government intervention can achieve in terms of 'fixing' the economy. The choice was in either abandoning the unsound policy and the unsound investments it produced, or careen toward a complete destruction of the currency system."
The important point to remember (but NEVER mentioned by the hundreds, if not thousands of Zionist Shills who have infiltrated Cyberspace) is that America's predicament was DELIBERATELY CAUSED by Zionist Slimeballs Greenspan, Bernanke and their "Auslege" Goy Stooges in high places (like the Capitol and the WH and Goldman Sachs corner offices). America is slowly BLEEDING TO DEATH - as PLANNED by the diabolical Zionist Slimeballs and their 'Auslege' Goy Stooges.
The ZIONIST PLAN for AMERICA'S DESTRUCTION
is available here:
"The Protocols of the Learned Elders of Zion"
If you were (are) still wondering WHY the Zionist-CONTROLLED Fed is
"making things worse",
NOW YOU KNOW WHY!
is available here:
"The Protocols of the Learned Elders of Zion"
If you were (are) still wondering WHY the Zionist-CONTROLLED Fed is
"making things worse",
NOW YOU KNOW WHY!
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