On the necessity of deflation.

Ben Bernankestein, the US Fed chairman claims that the specter of deflation (contraction of the money supply) is the most imminent danger floating over the world's economy after Osama Ben Laden; therefore, inflating the money supply to maintain and support aggregate demands is the necessary measure to " save" the markets.

Our position on Bernanke is quite obvious if you have been reading our blog for a little while: The man is absolutely insane in his membrane!

Before digging into the reasons why the most powerful central banker on earth is also on of the world's most dangerous individual, it would be necessary to explain how we got here in the first place!

After the 90s tech bubble crash, the US economy contracted and a " cleansing" recession followed the

september 11 terrorist attacks. Rather than allowing decades of capital malinvestment to be washed off the US economy, Fed Chairman "Green-SPAM", under the political pressure of the Bush administration, reinflated the money supply by artificially lowering the rate of interests, thus pumping easy money into the new investment scam du-jour: Housing! To make a long story short: Those who entered the bubble early and left before the top made a fortune for themselves! But the " crowd", typical to its own nature, frenzied into this racket without thinking and got " blasted" when the whole pyramid of paper was revealed in 2007!
Most importantly, some of the US greatest investment and banking houses got caught in the middle of that scam. The honey was way too sweet and no one was willing to leave the party " early"! Fed chairman Ben had to bail them out! To the great horror of the laws of economics!

So, repeatedly over the last decade, the Fed has had to intervene with monetary policy to save the world's economy and, particularly, the treacherous banking and financial cartels! The only tool the Fed is known to use is INFLATION!


WHERE IS THE DEFLATION SPECTER MR BERNANKE IS FIGHTING SO HARD?


It is nowhere to be seen; because the money-changers are making sure THERE IS NO DEFLATION!

Deflation is a cleansing mechanism that makes money more expensive for the borrowers, thus driving those who are over-leveraged to bankruptcy! Our current economic system is built upon debts, a veritable ponzi scheme that punishes saviors while rewarding the other sides. The specter of deflation will rebalance the economic system by pushing a lot of institution out of business in a a rapid swoop of time; thus causing a shock into a system that had become addicted to easy money.

Mr Ben Bernanke is aware of the internationalization of debt leverage as driver of the global markets; and it is clear that if banks are allowed to fall, the entire global economy will suffer and the establishment financial scammer will flounder FOR THEY ARE ALL STRUCTURALLY BANKRUPT!

As a member of the monetary cartel, Mr Ben Bernanke is willing to sacrifice the living standards of billions of people across the planet to save a bunch of suit wearing bankers, corporate fascists, government officials, and bureaucrats of all schools. Basically, he is engaged in sacrificing the productive individuals to save the parasite that hold the world economy hostage!