Thursday, February 26, 2009

No We Can't

Well the new mantra “Yes we can” has everyone believing. However, as kids almost everyone believed in Santa Clause and the tooth fairy, but, as time proved it was just a fallacy. So it is, this “yes we can” mantra will prove to be a fallacy.

The economy is not an electronic device, or a machine, that you can turn on or off with the flick of a switch, it is a dynamic instrument that will rebalance from time to time regardless of what the pundits preach or the devotes chant. In other words one cannot say “we will create 3 million jobs” and boom it happens, hell if that were the case then why not go for zero unemployment. The robbers at the top can run the printing presses overnight for as long as they want and create endless piles of money, however, fiat money does not equal jobs or something tangible. The running of the printing presses will cause massive inflation, perhaps hyperinflation and if that happens, then heaven help us all!

“Yes we can” create all the fiat money we want, but, "No we cannot" fix the economy of this fraud that has been perpetrated on the poor and working class people of the world. As I have said many; times what is unfolding right now is something no one alive has ever seen. The Greater Depression has started my friends and it does not matter what anyone says or does, the die is cast and suffer we will.

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