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.

About the Author

  76 Comments

StevenBHorse
Jul 9, 2016 - 6:12pm

Krugman

On my short list of pekoe I would literally kick in the face if I ever met them in real life.

StevenB- baddest, hardest , toughest motherfucker on the tubes.

Great stuff Cal

Goldencross
Jul 9, 2016 - 6:30pm

US Monotary policies and Wars lack exit strategys!

"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"

Maybe the truth is simple but very disturbing. Every war the US started after WWII the problem has been NO EXIT STRATEGY!

And who instructed the US government to start all of these wars? Yep the banks, the FED.

So they don't have a clue what they are doing and what the consequences are. We have a saying in Holland "voortschrijdend inzicht" It's something like, as we go along in time the answers and solutions will come to us, new insights. And when that does not happen we kick the can one more time, and another time, enz enz...

In the end the pile of shit they created is so big there is only one way out. Let the system collapse. But who will get the blame? So the TPTB create more economic mayhem, civil unrest (Dallas) and WWIII with Russia.

IS THAT THE EXIT STRATEGY???

Thanks for the great post CAL

p.s. before you think easier said than done, YES. Look at Island they had huge problems e few years ago they led the banks go bankrupt the money of the Island population was deposited in new banks and... yes the banksters went to jail!

So Island had an (exit) STATEGY.

ag4me
Jul 9, 2016 - 6:31pm

I find it interesting

that in the comments of an article about prostitution, we see the works of the "gold is a pet rock" writer. When someone falls in love, and builds a relationship of trust and mutual satisfaction, that person would never be considered a prostitute, even though some of the same physical activities might be involved. So enters the relatively new term, presstitute. While the passion and enthusiasm of a fresh new journalist seeking to uncover the next big story might make for a romantic tale of finding one's way in the world, the reality is that only those towing the company line are going to be around to collect their pay.
Is the pet rock writer an idiot, or a presstitute? I remember the debate exercises in school, where our instructor would purposely place us on the side they knew we would not naturally fall on. It always surprised me how easy it was to develop arguments and counter arguments for something I didn't even support or believe in. In the case of the pet rock writer, he might not have much to work with, but when you are a whore, you work with what you've got!

Whitecastle123 StevenBHorse
Jul 9, 2016 - 6:51pm
streber
Jul 9, 2016 - 7:12pm

Cal Law Article

Well done.

I notice some dissent about the MN shooting. This tragedy was, plain & simple, a frightened, idiotic, lightweight PoS cop executing one of our fellow citizens. Here is something I recently posted on another forum...

===================

Latest blowback from cowardly, moronic policing (Erik Scott/Las Vegas, Walter Scott/South Carolina, Philando Castile/Minnesota, Alton Sterling/Baton Rouge, Eric Garner/NYPD, Stanley Gibson/Las Vegas, Sgt now Lt Brett Seekatz/Henderson) which is condoned by feckless management, police union scum with little concern of professionalism & local DAs who are as bad as the union scum that continuously protect & cover rogue cops.

Web search any of the above and learn.

Plain & simple, all the above crimes were the result of a system that has lacked accountability for decades.
Rogues and mental lightweights (some with track records who should have been fired long ago) were protected.
The damage is done. Too late now. The future has arrived.

I am saddened by this. I have friends, past and present, in the bidness.
Disclosure: Former deputy for LA County Sheriff Pete Pitchess (may he rest in peace).

https://l.facebook.com/l.php?u=http%3A%2F%2Funiversalfreepress.com%2F201...

Carmen
Jul 9, 2016 - 7:37pm

Saddled with debt and no jobs

Very good but I disagree with one part of this post. College has become overpriced because of all the money printing and low interest rates. Kids are led onto this hamster wheel of debt by the culture, the colleges and the banks and later cannot get the job they were led to believe they would get. Some of their dishonest delusional elders have cheated their generation and bankrupted their country so I find it very unfair to make this statement about them:

"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."

The latest ones are the little Snowflakes and not at all prepared to face the harsh world we are leaving them, because they have been programmed for instant gratification ever since they watched Sesame Street, geared toward creating a short attention span. Unable to focus on anything for very long, they were fed gateway drugs to be able to navigate in the fog of a polluted environment and pesticide laced food... No wonder some of them turn to selling themselves... Oh and not to mention what they are initiated in when they are sent off to mixed college dorms far away from home with few rules to bump up against, and little guidance while every vice is made readily available. This culture was already in place on campus. I heard stories of girls going up to frat boys rooms during parties to exchange sex for drugs in 2005 before the real estate crash. The parents of these kids had no idea. The parents were told by staff that they shouldn't interfere. It's a very strange initiation for many young people which sadly doesn't resemble the fun of their eager parents college experience. It's a sad testament to our instant gratification culture, which we can all see has been fueled by printed money.

sbucks
Jul 9, 2016 - 10:57pm

Anonymous - Message to the Citizens of the World III

Anonymous just posted their new video. It does a good job of disclosing the corruptness of banks and that your currency is not backed by anything, especially gold or silver. This might wake up the millenials and others. Their videos usually get over 250k hits. Additionally, it describes how working people are nothing but slaves with invisible chains by the bankers.

Anonymous - Message to the Citizens of the World III

Jul 9, 2016 - 11:54pm
AlienEyes
Jul 10, 2016 - 12:49am

Anonymous

I would dearly love to see 'Anonymous' hack into the bankster's algorithms and wipe them out....while making us all filthy rich.

.

@ Turd, Amen.

Lemming
Jul 10, 2016 - 2:48am

Unintended Consequences?

"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"

Three words;

ORDER THROUGH CHAOS

Dirt_Reynolds
Jul 10, 2016 - 3:53am

Cyber network compromise

Duh.

It's even worse the they are saying.

Defcon 21 - Decapping Chips The Strike Easy Hard Way

The chips are compromised from the factory. I guarantee you our weapon systems are not what they seem.

J Siefert
Jul 10, 2016 - 6:23am

Obama

...in traditional dress.

Winder
Jul 10, 2016 - 8:08am

Before we go

blaming the cop in MN, best wait for the truth to come out. You can listen to police scanner of stop. No broken tail light, no concealed carry permit. Pulled over because they matched description of armed robbery BOLO suspects of a few days before.

Driver had the SAME gun as one in suspect photo.

Give the the cop a chance before we draw and quarter him.

Sounds like video of distraught girlfriend has been doctored as well.

Safety Dan
Jul 10, 2016 - 9:04am
Safety Dan
Jul 10, 2016 - 9:11am

Fracking and Progressive Earthquakes Understanding

7/09/2016 --

7/09/2016 -- 𝔼𝕒𝕣𝕥𝕙𝕢𝕦𝕒𝕜𝕖𝟛𝔻 𝓵𝓲𝓿𝒆 𝓼𝓽𝓻𝒆𝓪𝓶 Nightly Update
Safety Dan
Jul 10, 2016 - 9:16am
Compwiz4u
Jul 10, 2016 - 9:22am

There is no normal business cycle

I disagree that there is a "normal business cycle."

The Fed created this cycle by inflating the money supply thus making loans easy to get. Then businesses would borrow for whatever reasons since things were good due to the false booming economy.

Then when the time was ripe the Fed would raise interest rates, curtail money creation & cause the boom to end.

The poor businesses could not cover their loans so the banks would foreclose, repossess & take the newly purchased assets away from the businesses. Thus the bust.

The Fed & the banks love this cycle because now the banks have real assets on their books thanks to it all. And during this latest bust, the Fed has assets too which they call toxic in Orwellian double speak since they were gotten with their ability to create money out of thin air.

Aside from the initial money creation, the 10 to 1 fractional reserve money system is the real driver of the boom/bust cycle.

Dr. P. Metals Safety Dan
Jul 10, 2016 - 9:26am

That article

strengthens absolutely nothing except 1/credibility. Pure BS. Is this what passes for "common core" science? Meh.

edit: but it does give me an idea...I'm going to "simulate" Au going to 50,000 in my Excel spreadsheet, so it "strengthens the case" of it actually happening! maybe if we all do that, it will REALLY "strengthen the case"! /sarc for safety

Safety Dan
Jul 10, 2016 - 10:18am
abguy4
Jul 10, 2016 - 10:32am

RE: that article

1,000 Hat Tips Dr P.

As you said; Nice to see what the common-core dolts are up to.

BUT, absolutely no offense to Safety - I appreciate the spirit in which that was posted, along with ALL your submissions here. I depend on your bleeding edge research.

Joseph Warren
Jul 10, 2016 - 10:46am

Don't Mistake the Stated Purpose of the Fed . . .

for the real purpose that it was set up. The fraudulent based fractional reserve bankster model inevitably leads to some of their banks failing as depositors 'figure it out'. The relatively young United States had plenty of experience with this. At one point JP Morgan (the man himself) intervened in order to restore con-fidence in the con. The fed was established as a privately owned bankster cartel, to provide them the means to keep the game of charging interest for 'credit' created out of thin air going. They profit from it. The population suffers and bears all the risks. The population also loses their right to self determined government because their 'representatives' were bought off by the banksters (with more fiat funny 'money') long ago. The system works exactly as they designed it, brilliantly well for them.

All the rest of their rhetoric - spewed forth by stupid and/or bought off media and 'academics' is pure horse crap.

Angry Chef
Jul 10, 2016 - 11:55am

“The Doomsday Forum”: Senior Military, Nuclear Weapons Officials

....Convene… America’s “$1 Trillion Nuclear Weapons Plan”. Take out Russia, Iran and North Korea?

https://www.globalresearch.ca/the-doomsday-forum-senior-military-nuclear...

Sounds like a plan. Might I suggest to the rest of the planet, since nobody here in Turdville seems to be able to get thru to our murderous psychopath leaders. Ditch the dollar and dump the debt NOW ! Go back to trading with yourselves and become self sustaining economies. The only way these people will learn is if they're pension go to ZERO ! Do it now before they kill us all.

Bend Sinister
Jul 10, 2016 - 12:29pm

Depressing

I'm a black ex-cop, and this is the real truth about race and policing

https://www.vox.com/2015/5/28/8661977/race-police-officer

canary
Jul 10, 2016 - 12:49pm

@Safety Dan (Time Travel)

When I'm long gone.....I can only hope that somebody (something) will get the idea to bring all my particles back to life...(and my miners , to give me a good start)....And I don't care which loophole will be applied....It would be so nice to see lost ones again.

BTY...Quite an interesting article.....The Universe is likely more complicated (or more simplistic) that we can ever imagine.

Royal Flush
Jul 10, 2016 - 1:51pm
Tabberto California Lawyer
Jul 10, 2016 - 3:17pm

Golf

Turd & I against you two.

A Turdapalooza aperitif.

Jihk2431
Jul 10, 2016 - 3:20pm

Thank you Cal

Evil men will continue to do evil things until there are enough good people to stop them. Usually, the good men only wake up once things are so severe as to affect their ability to survive. I think we are nearing that point and expect it to get really bad once these elections have passed. I think last week should signal that Hitlery is their choice and they are going to keep this patched together until then.

Swift Boat Vet Orange
Jul 10, 2016 - 5:01pm

20 Year Old Hottie

I HAVE my 20 year old hottie, proud to say. I married her !!! ..............................................................................................................(33 years ago)

Swifty

Sound Money Minnow
Jul 10, 2016 - 5:18pm

Depressed

No doubt there are bad cops. I am not so naive to think that none have abused power to their own end.

It does however sicken me the amount of folks that use race baiting to increase their power and influence. This is often done before anyone is afforded the same protection of a common criminal.

I disagree with pre-judging the facts on the basis of a video. President Obama is complicit in the lynching of the law enforcement officer before the facts are in. Obama helps incite the violence that leads to further division.

President Obama, and race baiter's like him, are telling lies in regards to the statistics in regards to police related shootings. We have a 24 hour news cycle that can amp up the rhetoric on what are for the most part isolated incidents when viewed in context to the enormous amount of police/citizen encounters.

I am not justifying any individual incidents. Things happen with tragic consequences that don't neatly fit in to the socialist utopia all our dear leaders wish for. If you really walked in the shoes of law enforcement for a career, you know that. Yes, there can be a "us against them mentality" when dealing with the daily depravity of man, that spills into bad conduct and abuse of power. It is called human nature and the herd mentality.

I am not as smart as many subscribers here, so please forgive me if I am not speaking eloquently on this topic. I am however a lover of justice who is accountable to the God I believe in. It pains me to see so many honest, just, fine people, grouped in to the definition of an easily manipulated mob.

Everyone is being played right now to point the finger at each other, while the true psychopaths pull the levers. The break down of families, and the results of the absence of fathers in the minority community isn't the fault of law enforcement. Most of the over the top consequences of police encounters are the result of complex situations that escalate as a result of the confusion known as the "fog of war". I don't mean war of police vs. citizens, but when conflict occurs between law enforcement and the public it is always an armed encounter. Making the police feel the public doesn't support them just makes the tension rise to a level where more over reaction takes place.

The good cops retreat to their neutral corner, and are not willing to take a risk that can have career ending or life changing consequences. Then you have Chicago, and now Baltimore, played out in the the urban centers around the United States. I guess that is okay for most because no one says anything if its just black folk killing black folk. The true victim is the person living in abject poverty that faces the brutal streets with no one arriving in time to save them.

Cops usually arrive after the show is over, picking up the pieces, and then try to navigate a criminal justice system where snitches get stitches. Yet, these urban race baiting leaders want even the law abiding to surrender their guns because the police and special people should be the only group armed. Yeah, that's the ticket, trust your government to protect you.

Top Leadership in urban law enforcement is usually appointed by the elected Mayor. Elected Mayors are usually progressives who check all the boxes when it comes to diversity. They are rarely the best street cops, and more often the best yes men to the elected politician. So crime becomes an afterthought to political correctness, race baiting, and apathy, which perpetuates more violence and lawlessness. You see there are less chances for an armed encounter if the police stop doing their jobs. Less mistakes, just more tragedy for those who live in these communities.

I am glad I am not out there any more. I wouldn't stick up for the man, anymore than you would. I felt like I was trapped between two evil forces, the violent criminal and the empty suit politician pulling the strings. All I can say is it is over for America if we lose our individual right to bear arms. My experience in law enforcement was that many noble people get skewed by their own personal experience after they are on the job. Some take the high road and some don't. Those taking the high road that are truly serving the public get the most grief. Sitting on their hands isn't acceptable, nor is becoming a tool for the system to oppress the people.

I can tell you this though, the background investigation for law enforcement is more stringent than the Office of the President. I will take the character of a cop over that of a President any day of the week.

I served 20 years and 1 day. That was plenty for one lifetime. We had better hope that we still have the average street cop on our side in the future. The psychopaths in power in Washington, and the states like Cuomo in New York want law enforcement to be their own personal brown shirts. FBI Director Comey exposed where his loyalty exists when the rubber meets the road, and he sold out the rule of law. I maintain the belief that the overall character of the men and women I served with in New York were of a much higher standard.

SMM

infometron
Jul 10, 2016 - 5:48pm

@SSM

"Everyone is being played right now to point the finger at each other, while the true psychopaths pull the levers." And since God knows when... divide et impera

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