Sugar Daddy FED Creates Generation of Prostitutes

76
Sat, Jul 9, 2016 - 11:47am

Economics is based on human behavior. “One of the central tenets of economics is that people want certain things and will change their behavior to get those things – in other words, people will respond to incentives.”

Applying this to the FED’s policies, and ramifications, should then yield logical connections between the results of the FED’s policies, and their intentions in implementing them, then, right?

Stated differently, the FED intends the consequences of their actions, correct?

If the consequences are unintended, then, it means that the FED’s actions were lacking intellectual rigor, meaning they stupidly did not consider the outcome before acting. Or, nefariously, instead, the FED’s claim that the consequences were not intended is but a lie, as the reality is that the FED intended that which occurred all along.

So, with this backdrop, let’s look at some consequences of the FED easy money, in a way that exposes the FED as a corrupt organization hell bent on saving the too big to fail banks at all costs.

The FED’s easy money policies have given those with first access to the money enormous sums of paper fiat, which has in turn driven up asset prices, boosted the stock market, allowed big corporations to buy back their own shares, artificially boosting price and giving those corporate big wigs outsized bonus payments and stock option windfalls. This reality of artificially boosting stock prices has not worked to stimulate the economy, but instead has only created a larger gap between the haves and the have nots.

The easy money FED has also done generational damage, priced in terms far to large to quantify. The FED has, through years of reckless, low rates and centralized planning, created a perverse incentive structure for young people in general, and young women in particular.

The FED has so thoroughly and so completely skewed the normal business cycle and the destruction phase of capitalism, that there is no longer any business incentive to create real jobs. Coupled with the inept federal government and its elected officials that are either too corrupt or too timid to enact real economic reforms, but instead doling out even more easy money in the form of student loans, home loans, etc., this has worked in combination to drive up the costs of college, and saddle college kids with enormous student loan debt, that cannot ever get repaid absent some miracle of a high paying job.

So, in a self-fulling cycle of desperation, young women fresh out of college cannot get a real job, or can only get one with low pay.

In a very rational application of economic theory, the incentive structure as discussed above, the recent graduate has a choice: take a low paying job if it is even available, or find another way to pay bills other than getting a traditional job.

So here we are. The new economy. Thank you Greenspan, Bernanke, Yellen, and especially the Keynesian apologists like the bearded-dunce Krugman, who is the modern-day Joseph Goebbels, spouting his Keynesian gibberish that gets a ready audience from his sycophant elected officials caring only for the next election cycle and how much free shit they can give away.

It is with this backdrop, that I am not surprised at all to read an article that speaks openly of the “new prostitution economy.” This was on Drudge recently, in a major publication. It is not Taibbi writing an excellent expose or saying scary things in a way designed to frighten people. No, it is right there for the consumption even in the highest circles of the moneyed class in their ivory towers.

So, why did the FED unleash this new economy, and turn a generation of young women into prostitutes?

Was it intended?

Was it not intended?

If not intended, then how could those ivy-league educated Ph.d’s NOT have seen the natural outcome of years and years of easy money?

I say they DID realize the outcome of their easy money policies would lead to generational paradigm shifts, like turning 20-something women into whores, and despite this foreknowledge, they embarked on their free-money plan because to them, anything else would have been worse!

See, they care only about their own kind: The TBTF banks. Some middle-aged couple’s daughter is not something they care about. Some old man getting a shot of leg, from a comely 20-something hottie, well, that is right in their wheel-house, and why should not captains of industry and the elite moneyed-men realize a little pleasure after decades of doing God’s work?

The reality is that with the Fed printing to infinity, the economy has so severely hampered real job creation, and artificially skewed prices, that such has had profound, societally-corrosive effects.

(1) Wealth is enormous to the elites, such that there are tons of older men paying for sex with 20-something women. And, the same is true for older gay men paying for sex with young men.

(2) College graduates are NOT seeking to earn their way to the promised land with hard work, sacrifice, no. Instead, they are seeking instant rewards, with no stigma or judgment, or real consequences, just like the Fed with its QE to infinity. They want the benefits, with no effort.

But, us normal folks, laboring at the base of the ivory towers, pitchforks in hand, know better. There is no free lunch.

The only way out of this is a return to sound money. Savers are to be rewarded. It is from savings that a society reaps rewards, not beggaring thy neighbor in a race to the bottom, run by centralized planners who wreck all that they touch to keep their place of special privilege.

Read the Vanity Fair article, and try not to become enraged at the banksters. It is a cultural watershed eye-opener of a topic. It flows with the narrative that we live in changing times.

As we have all been witnessing, we are living in a fourth turning, with upheaval about us every day, incrementally becoming more and more apparent, coming with a fury and vengeance just as sure as night follows day.

As I started writing this a week ago, we have had the Minnesota shooting of an innocent black man by militarized police, have had our gun rights come under attack again by calls for gun control, and in a natural cause and effect result, watch as the populace reacts to out of control law enforcement lashing out in a fit of outrage and targeting cops in Dallas and Louisiana, with more on the way in Tennessee, Georgia and Missouri.

Indeed, the populace is waking up, and the consequences of easy money are going to be realized as the end of the Keynesian experiment collapses of its own enormous weight.

Welcome to the Summer of ‘16.

Please prepare accordingly.

Stack silver and gold, and get yourself in shape, healthy, spiritually, mentally, be ready. We are living in interesting times.

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MRob
Jul 28, 2016 - 7:16pm

Keynesianism?

Good stuff, but I don't think we have really seen full on Keynesianism for a few years now (excluding Japan). It was only popular for about a year before ordoliberalism took over, at least in Europe. In terms of fiscal policy the USA stopped or arguably barely even started printing to invest in growth, instead choosing to print to bail out the major financials. Not Keynesianism there, just corruption. And look at the havoc we have seen from the adoption of austerity in Europe, talk about youth unemployment the US ain't got nothing on Greece or Spain..

Too easy to bash Keynesian economics, need some balance, recommended reading "Austerity, the history of a dangerous idea" by Blyth, also check the work of Steve Keen re private debt levels. Not defending Krugman though... Nor am I defending endlessly low interest rate monetary policy, which is clearly mad. Pretty sure Keynes would say the same if he were here today.

Joseph Warren
Jul 11, 2016 - 11:14am

@donnojackshit - I hear ya brother !

Glad that moron (low I.Q. seems to be a requirement for many recruits nowadays) didn't kill you !

And for those who don't know the story - - read what they did to the real guy on whom the Crocodile Dundee movie character is based.

Thankfully, America has a 2nd Amendment. More importantly, we still have enough of us who understand the spirit and reasoning behind it, no matter what garbage the criminal gang politicians and bureaucrats try to eliminate it. Give thugs unlimited power over people and this is the kind of abuse which results.

OOOBuck
Jul 11, 2016 - 9:21am

Canary

I think the universes are very big.

Dingo
Jul 11, 2016 - 8:22am

Insert Jeff Christian's latest Silverdoctor photo

Didn't work out - check it out though! Very creepy dude.

Dingo
Jul 11, 2016 - 8:20am
donnojackshit
Jul 11, 2016 - 5:45am

Really PISSED!

https://www.smh.com.au/video/video-news/video-act-news/police-officer-draws-gun-on-motorist-20160710-4hqh3.html

Check out this cock sucker cop here in Aussie.

This cock head draws his gun on a very passive motorist, and then note how this fucking fucktard knees savagely the motorist in the back.

If this bloke had moved to scratch his nose, this brain dead would have pumped rounds into him.

This in the land of no fucking guns, scissors or fucking nail clippers!!

The message this sends to me and other lumpen heads is this - don't trust these "defenders of the peace" because they are likely to kill or maim you for the most trivial of offences.

Fucking Fuckers!

A few years back I was committing the heinous crime of being 10km/hr (6miles/hr to you philistines up north) over the speed limit on my bike, on a fucking motorway, and this 25 year veteran with ribbons on his tits tried to run me off the fucking road - his V8 bumper bar came within 5" of my rear tyre at a 110km/hr.

I questioned his intelligence as he wrote me up for $300 fucking fine, and God knows what he may have done if my DZ staff didn't pull over in the company minibus.

i told him that if I had wanted to evade him, I would have been at 300km/hour before he could think about scratching his tiny nuts!

25 years experience "in the FORCE", and they put this goose behind a radar gun.

Any Aussie law enforcement cunts reading this, you are a pack of fucking mongrels.

You fucktards work for us, and you are not supposed to kill or maim us for minor man made infractions!!

EDIT - very happy that metals are showing some life!

Joseph WarrenMarkedtofuture
Jul 11, 2016 - 12:06am

DB Just Wants the Central Banks to . . .

save their asses,

while leaving all of ours hanging out there in the wind.

"Privatize gains while socializing losses." Of course they'll claim to be 'saving' the financial system.

or in simpler terms "Tails we win. Heads you lose. . . chump."

Dyna mo hum
Jul 10, 2016 - 11:15pm

DOWNTOWN MEMPHIS

I 40 BRIDGE OVER THE MISSIPPI RIVER IS BLOCKED TO TRAFFIC EAST AND WEST BOUND COURTESY OF BLM... NIGHTMARE..

Visit the FAQ page to learn how to track your last read comment, add images, embed videos, tweets, and animated gifs, and more.

Markedtofuture
Jul 10, 2016 - 10:56pm

Deutsche Bank's Chief Economist Calls For €150 Billion Bailout

David Folkerts-Landau, the chief economist of Deutsche Bank, has called for a multi-billion dollar bailout for European banks. Speaking to Germany's Welt am Sonntag, the economist said European institutions should get fresh capital for a recapitalization following a similar bailout in the US. What he didn't say is that the US bailout took place nearly a decade ago, in the meantime Europe's financial sector was supposed to be fixed courtesy of "prudent" fiscal and monetary policy. It wasn't.

https://www.zerohedge.com/news/2016-07-10/deutsche-banks-chief-economist...

Fandango
Jul 10, 2016 - 10:07pm

Great link BillD

Thanks mate. Bookmarked.

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