Careening Toward A Global Totalitarian Authoritarian Behemoth? And Then There Is The Fed’s Self-Inflicted Great Checkmate (January 3, 2022)
. . .
K “2021 was worse than 2020. 2022 will be worse than 2021. 2022 may be a year of consequence in the ‘Post-Consequence World’ that imposes no culpability on the culpable and no responsibility on the responsible.”
J “Not this year. The system will continue to trudge and trundle along. No one will be held to account. Everyone in power is making money fist over hand.”
. . .
K “With inflation inflating, the Fed’s self-inflicted Great Checkmate cannot be deferred. If the Fed were stalemated, they could sit tight, but they are in check at this time. If the fools at the Fed had any sense of etiquette, they would resign before being publicly checkmated or at least be honest with the public.”
J “The Fed is playing a simple-minded game of checkers in an economy that is not black and red. They have the one overriding move that can be taken at any time and taken over and over and over again. They are able to print unlimited dollars.”
. . .
K “The transition from the Pandemic to the Endemic is a political and an economic challenge, not an epidemiological problem. However, there is no money in the early treatment and prevention of the Big C-19, so it will not be treated and prevented. That reality cannot change without much more public awareness and action.”
J “One word – Le Vaccine. The Supremes will provide some guidance on Friday and in the coming week.”
. . .
[See the e-commentary at “Twenty Sixteen (January 4, 2016)”.]
Bumper stickers of the week:
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