This is a continuation of my mini-research on
REASONS
FOR FINANCIAL CRISES
I
conducted early as a reply to Queen:
Conclusions
of that research appeared REALLY SHOCKING!
In
short,
Crisis
= Robbery
(see
details in the links above)
And
that partly explains the fact existing theories provide no clear
answer about real reasons behind it. Related info-bomb(s) can overturn the whole system.
However,
the simple truth professional economists keep hiding from the public
professionally is not a secret at the lowest part of the world's
financial pyramid, where Swiss
authorities sent me to HANDCUFFED(!),
and where I am staying now. Here, for example, is what I found in the
recent issues of Ukrainian press:
Translation:
"Today,
there are three main concepts of
how the global crisis of the last century (Great Depression in the
USA of 1929-1939) arose.
Representatives
of the Autsria school of
economics believe that the cause of the collapse was the hypercredit
activity of the 1920s, which led to the emergence of potentially
unprofitable businesses for which the crisis acts as a "forest
corpsman", and any government intervention only prolongs the
crisis wave.
Representatives
of the Chicago School of
Economics, Milton Friedman and monetarists, on the contrary, believed
that the key mistake of the U.S. leadership at that time was the
failure to conduct a wide emission of money, because a massive
release of money, in their opinion, could transform the Great
Depression into an ordinary one.
Keynesians,
in turn, believed that the cause of the crisis was a reduction in
total spendings, including the ones from the state, and to overcome
the recession, it was enough just to increase public investments in
the economy."
Source:
"The
Power Of Money"
the
leading national magazine of Ukraine
#5
of May 2020
That's
exactly the kind of mess I mentioned about in my own mini-reasearch.
"The Power Of Money", however, additionally extends that
mess to the Present:
Translation:
"What
is the paradox of the above statements?
The
fact is that the current world government in the person of the G7 is
trying to do all of the above in one package of measures and
almost simultaneously. Credit hyperactivity,
including using negative rates, was observed on the eve of the
crisis, state investments are
growing, emissions are
expanding at a new record pace. But even the use of "everything
in a row" does not yet bring tangible results."
What
are other possible reasons for financial crises?
10. Overproduction.
The most often cited (but false) one. Existence of more produced goods than people required? Common! How that could really be?
In
the example of U.S. Great Depression of 30s, the major demand should
be decreased, right? Well, not exactly. At least in terms of a main
meaning of the word. And obviously not for
everyone, -that is for sure!
Anyway,
usage of the term overproduction seelms
is a highly DECEPTIVE move for any crisis. If there was an
excess of food, why then millions
Americans were suffering from HUNGER?!!
While milk
was poured on the ground
and
the potatoes were watered with kerosene:
"Overpoduction" of food, you say?
Why there were HUNGRY people
on the streets then?
Why there were HUNGRY people
on the streets then?
I
realize the word "demand" is a special
economic term devised
specifically for usage in the presumably precise math of our economy.
The problem is, the conventional math is hardly applicable here.
Instead, we should speak about Psychology
of Deceit! And
that clearly double meaning of the word causes a great deal of
uncertainty, very similar to the Double
Law practiced by
Swiss and Barclays lawyers in my case. Unfortunately, our
economies quickly become domains of confusingly advanced types of
fraud!
Main demand of the Great Depression simply could not disappear. Because it was mostly about basic food (the worst impact every crisis lefts behind itself). It should be in existence for centuries. Life is impossible without food, isn't it? So, how that demand could disappear? Simply: it's exclusively about solved demand only! Duing crisis we have a shrinking demand!
That is, it's not about demand. Rather, it's about money.
To summarize, I have all reasons to beleve there is no overproduction!
And
never was! (Capitalism can make money only on the opposite, - scarcity)!
Rather,
that was underproduction!
Underproduction
of Money?
Look, the key function of money is creation of the medium for exchanging goods and services(and I will tell you later what exactly bank is in charge for that). During Great Depression the goods and demand for basic services were in place. But the medium was absent. That is, money disappeared (amount of money was sharply decreased to critical levels)! And very soon I will explain where exactly.
Look, the key function of money is creation of the medium for exchanging goods and services(and I will tell you later what exactly bank is in charge for that). During Great Depression the goods and demand for basic services were in place. But the medium was absent. That is, money disappeared (amount of money was sharply decreased to critical levels)! And very soon I will explain where exactly.
11. Zero-sum economy
In the economic theory, a zero-sum game is a representation of a situation where each participant's loss or gain is exactly balanced by the losses and gains of other participants.
If one person wins, another one has to lose.
Thus, the only way to become rich is through
making other people poor!
And it seems that's the only way
of becoming rich!
Thus, the only way to become rich is through
making other people poor!
And it seems that's the only way
of becoming rich!
So, is current market economy a zero-sum game?
In theory and ideal world no, but in reality, and/or as currently practiced by financial elite, yes. That's the way the current economy and its legislative support operates. During last centuries it became perfectly optimized for STEALING money by rich elites. And it's difficult to imagine such "disappearence" of money (the key feature of any financial crises) is not incorporated into the system by design.
The fact of existence the "Too-Big-To-Fail" banks (secured by Central bank at the expense of the state taxes) is also an example of that "zero-sum" game.
Correspondingly, there is no magic behind periodic shortage of money at the side of poor people. Earning money at one part of economy (usually by rather narrow group of people) is possible only through taking it away from another part (usually the rest of the world).
It's interesting that formally, zero-sum situations only arise when force or fraud is entered into the equation. And that's precisely what Swiss/Barclays CEOs practiced in my case.
Always remember that every crisis starts at religious and culturous levels. Then it is shifted to other dimensions, becoming everywre. The resulting Financial Crisis is just a final stage of that causal relationship chain.
- to be continued -
SOS: Crisis for Everyone!
See also
and
Shock of March 10 - Murder
Continues!
No comments:
Post a Comment