Ignorance And Arrogance

This is what government apparatchiks must possess to actually delude themselves into believing that they can set or manipulate prices forever. Everyone who has tried this impossible task has failed miserably. It could not be successfully done in the command economy of the old Soviet Union and Cuba today is on the verge of social collapse due to 50 years of collectivist price fixing. Adam Smith called it the invisible hand but basically prices are a reflection of the supply and demand. However, if these were the only two factors that set prices we'd live in a two dimensional economy. The dirty little secret that the Federal Reserve Banksters don't want you to know is our economy is actually three dimensional. Along with price being a reflection of supply and demand for goods and services, the hidden factor is the quantity of money in the economy. Flood the economy with money like over the past 40 years and prices go up up up. Then once so much of this funny money has been shoved into the economy via bank lending, debts get so large that they cannot be repaid. So now banks have stopped lending which causes the money supply to sink fast. As the number of dollars shrink prices must drop to reflect the increased value of the fewer dollars remaining in the economy.

So the plunge protection team tries in vain to stop the decline in the market but they are doomed to fail. I suspect the blacked out portions of the just released Treasury Department document would spell out how these banksters are using your recently stolen tax bailout money to manipulate stock prices. But we can't be so sure as the government which a couple weeks ago swore they would be transparent spending the bailout money decided to blackout how the money was being spent. So they are not only arrogant and ignorant they are also sneaky and underhanded. The majority of Americans are merely ignorant for listening to these vipers in government and their bosses in banking.