The Mother of All Greed: Government - Central Bankers Blaming the Victims Of Banksters Cheating and Stealing
Posted by freedomforall 3 years, 4 months ago to Politics
Excerpt:
"The Central bankers of the world, apparently losing confidence that they can fix the inflation they created, are turning to Plan B: blame the people. So we fight each other.
Last week the chief economist of the Bank of England, one Huw Pill, said the quiet part out loud, that “British households and businesses need to accept they are poorer and stop seeking pay increases and pushing prices higher.”
Note inflation in the UK is currently running double-digits, with grocery prices up 19% year-on-year. So not getting a raise may mean cutting a meal.
Meanwhile, a poll from a major British insurer found 57% of small businesses in Britain are at risk of closure from rising prices.
So you plebes need to drop a meal and close your family business so we can keep stealing from you.
...
They ran this playbook perfectly last financial crisis, setting the right-populist Tea Party and left-populist Occupy Movement away from the bankers who'd just pillaged the country and turned them against each other. They will, no doubt, try again.
And your part in all this? Make do with less, take one for the team, and fight against your neighbor so the elite can go on robbing all of us, and all of our children, blind.
The Mother of All Greed: Government
So what is driving inflation? It’s greed alright: government greed. In the form of trillions printed up to buy votes and bribe voters into accepting authoritarian lockdowns.
Then, when the resulting inflation tore into the people, central bankers around the world responded by hiking rates to crush the private economy. Keeping the way open for historic deficits by clearing out the rest of us.
We lose our jobs so governments can go on spending, buying votes, and rewarding their friends and sponsors.
The solution is easy. In fact, so easy it will never happen: shrink the government. Cut deficits to zero, use the savings to fire the bureaucrats and regulators who are holding down job creation, innovation, and the small businesses that are increasingly an endangered species."
"The Central bankers of the world, apparently losing confidence that they can fix the inflation they created, are turning to Plan B: blame the people. So we fight each other.
Last week the chief economist of the Bank of England, one Huw Pill, said the quiet part out loud, that “British households and businesses need to accept they are poorer and stop seeking pay increases and pushing prices higher.”
Note inflation in the UK is currently running double-digits, with grocery prices up 19% year-on-year. So not getting a raise may mean cutting a meal.
Meanwhile, a poll from a major British insurer found 57% of small businesses in Britain are at risk of closure from rising prices.
So you plebes need to drop a meal and close your family business so we can keep stealing from you.
...
They ran this playbook perfectly last financial crisis, setting the right-populist Tea Party and left-populist Occupy Movement away from the bankers who'd just pillaged the country and turned them against each other. They will, no doubt, try again.
And your part in all this? Make do with less, take one for the team, and fight against your neighbor so the elite can go on robbing all of us, and all of our children, blind.
The Mother of All Greed: Government
So what is driving inflation? It’s greed alright: government greed. In the form of trillions printed up to buy votes and bribe voters into accepting authoritarian lockdowns.
Then, when the resulting inflation tore into the people, central bankers around the world responded by hiking rates to crush the private economy. Keeping the way open for historic deficits by clearing out the rest of us.
We lose our jobs so governments can go on spending, buying votes, and rewarding their friends and sponsors.
The solution is easy. In fact, so easy it will never happen: shrink the government. Cut deficits to zero, use the savings to fire the bureaucrats and regulators who are holding down job creation, innovation, and the small businesses that are increasingly an endangered species."