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| Joined: | Mon Nov 21st, 2005 |
| Location: | California USA |
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I chose the above as the title to this report since the warning of that title applies now as it did when an observer noted the significant process being played out in clear view awhile ago.
I will not quote the reference, instead I will rewrite it. A boy saw two oddly dressed German men meet in the street; both men raised their hands in a salute to praise their leader. The comment, in Latin, is a reference to that odd event, an event that appeared to be laughable folly – error. To err is human, to persist is diabolical.
My inspiration for this report passes by my desk in the form of another financial report by my favorite Austrian Economist: Gary North. I’m not going to link Gary North’s article in this report; my writing will be the only link here to there; this time.
Gary predicts price inflation, or so the story goes as far as I’ve read it, up to this point in time, where I began this “passing-on”; like a link in the chain or a passer of buckets in a bucket brigade.
The prediction for price inflation is measured against the opposite prediction: price deflation. The obvious thing to note, at least from my understanding of what is obvious, what is important, what is significant, even what is vital, is a notation concerning who, pray tell, has the power to cause either of the measurable future economic conditions: inflation or deflation?
Once the observer has that power clearly in view, because the observer accurately finds the person or persons who control that power, if you have already forgotten I’m speaking of the power to inflate or deflate “the economy”, once that power is clearly in view: please ask yourself what would you do with it?
What would you do with that power? Ask yourself, and then get back to me; I’m running a poll. I’m running an informal poll. What would you do with that power to inflate or deflate “the economy” and once I know what you would do with that power, I can judge, in a relative way, what “they” will do with it. They are as human as you or I, perhaps without the moral compunction, that onerous conscience anchor, perhaps they are human animals. I’m speaking again of the torturing mass murderers, the ones with the power to inflate or deflate the economy.
What would you do with it?
I’d like to know.
Last edited on Sat Jun 20th, 2009 06:41 am by Joe Kelley