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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: JSD who wrote (172044)	5/20/2021 7:54:05 PM
From: sense	1 Recommendation Recommended By JSD Respond to of 218084

A short history of our devolution into "fake markets"... No, it wasn't even close... Back in 2000-2001 they let the market run... and if they needed to stop it... they used the "circuit breakers" to slow things down... and that was about the only real type of direct intervention there was. Things got a lot worse in the wake of 2008... since instead of letting fraudulently run banks fail, as the free market means of actually "correcting" problems with "corrections"... they instead doubled down and promoted the frauds running the banks to have them also run the Fed, and the Treasury, too. The circuit breakers weren't functional enough to enable them in "stopping it"... so they started planning for and layering in new controls after 2008. Because everything would be so much better if there weren't actual "corrections" any more... The entire bailout scheme to "resolve" the black hole 2008 made in (actual) bank balance sheets... was a fraud... and the rest of policy then revolved around the need to protect that fraud as "systemically important". Before 2008 the idea of the regulators actually participating in a market, at all... much less doing so only in order to influence its performance... would have been hooted down... . It wasn't until 2011 that they really started directly jiggering the charts... directly manipulating the trades... with efforts that were ham-fisted, and tied to the calendar in odd ways... that were fairly easily decipherable. And it has been one long, slippery slope since then... to the point that, today, the "market function" is a fiction... the whole thing is rigged... run by the central planners... The other aspect of it, of course, that no one ever talks about... is that having the bankers as the buyer of last resort not only makes the market a fraud... the only possible end point it enables is the one where it all stops when the banks own everything... The difficulty is... the man behind the screen has no clue what he's doing... other than "not correcting".... and has no idea of how to get out of the intrinsic conflicts that the impossibility of the debt imposes as reality. Not all about the stock market,, of course... The "economic system" has been changed from a free market system (no fraud, no monopoly, no barriers to participation) to one in which everything is based on government directed and perpetrated frauds... as policy. QE... said to be "money printing" and "inflationary"... to induce you to behave as if it was... was in fact the opposite... it was direct wealth transfer... that was hugely deflationary... thus, slowing velocity of money... and growing inequality... putting us in a depression... while they called it a boom... because stocks went higher... with the little money that was liberated from illiquid accounts being money directly channelled to them. They initially called policy to lie to you...MOPE... management of performance expectations... meaning, "we lie to you about inflation and unemployment... set fake interest rates based on the lies... and then everyone pretends the lies are real... and as long they do... reality doesn't matter more than the lie"... as long as people behave the way our lies intend to induce them to behave. That is what they use, still, to "manage the economy" today... only in the degree investors refuse to go along with the lie when their money is at risk... direct intervention becomes more required over time to prevent "correction" of their serial frauds... exposing the fact of their lies... MOPE was short lived under that definition above... because it turned out some people understood what it meant... which was inconvenient. It is still the policy... but now MOPE stands for "management of perspective economics"... which is word salad-ey enough that the actual meaning isn't made clear quite as easily... I'll note the corruption has spread... from the banks to everything else... so that today even the elections are run by MOPE.... and "pay no attention to the fraud you can see happening with your own eyes... unless you listen to our lies"... The whole thing is going to end in the worst financial disaster in history of course... except... what we've got already, building up from 2001 and amplified by 2008's obstrucion of correction... is actually already the worst financial disaster in history... and what the event being desperately avoided will be, is simply the recognition of that fact... at the point where it fails... The recognition event occurring... although inevitable... doesn't mean that they will surrender to the obvious when failure is apparent... rather than move to replace management by lies... with management by force ?