Debt & Financial Instability (2 of 3)

[canaan1967]

I meant Crude OIl

[canaan1967]

The US economy is manipulated by the Federal Reserve and the US treasury. Bernake did see it coming because it was planned. How can anyone try to explain the crisis without first admitting that there is no free market? It is rigged by officialdom. Interest rates, Crude Old, Gold and Unemployment rates are "managed" to produce a certain outcome.

[SatchmoSings]

canaan1967--

The market has become "rigged" because all the regulatory reforms of "The New Deal" have been abandoned so your supposition is essentially one of total, way, way-out lunacy.

[canaan1967]

@SatchmoSings

What I mean by officialdom is the Corporate State, the Corporate Courts, the Corporate Congress, Corporte Intellegence and the Corporate Military.

There is a fine distinction between the State and Government (regulation). I'm not a flippin economist. NO economist is, even Steve Keen is being up front until he declares that there is NO free market and that the entire affair was another conspiracy to further consolidate wealth into higher and tighter hands.

[rring88]

I always love economists, they get behind a great economist and defend him to the death.

[jumpnjza2]

"loans create deposits, not the other way around"

[SatchmoSings]

canaan1967--

Steven Keen doesn't talk so fast as much as what your call your, uh, "mind" is so slow.

And to show even more what an utter dunce and illiterate you are, this stuff has been published AD NAUSEUM on line for the last few years.

[canaan1967]

@SatchmoSings

Blocked for unprovoked rudeness. Mr.1001nights should do the same to you Mr. hotshot.