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


To: sense who wrote (195777)2/2/2023 4:09:01 PM
From: sense  Respond to of 217574
 
One key point to consider... is the flagrant "cooking the books" they've been doing...

It was made an open topic prior to the election... Biden lying about employment statistics and "the strong economy"... with the media ignoring the fraud...

Topical again today:
Spot The Odd One Out (Jobs Edition)

I've noted before the dual problem of believing your own propaganda... and having the corrupted numbers you impose begin infiltrating and skewing the "real" data...

The Fed has to keep two sets of books to avoid the risks... but even that doesn't work to isolate data from the corrupting influence of fictions imposed as "real".

And, they seem to actually believe that there are no cumulative consequences to the aggregate in errors imposed... as long as people continue to believe their lies.

Reality doesn't actually work that way, IMO... there are real impacts and costs of basing policy on lies...

Part of that "real" impact... is still bound in the truth that "markets can remain irrational longer than you can remain solvent" when betting against persistent trends in the market. Being right on the fundamentals not the same as being right on the trade... Inevitable is not the same thing as immediate... but, the greater the divergences engaged, the more sudden, vicious and destructive of error a correction to reality will tend to be...

"Great Resets" are expected to be engaged hoping you will opt to not notice the frauds when they are exposed... hoping you will continue the game as before, to sustain benefits for others at your own expense.

Being told inflation is 6%... when it is 25%... is a lie that can't be sustained very long...

It's why I've been such a hawk on Fed lies about inflation reality in rate and persistence...

The secular economic trend is experiencing a sea change... a 50 year periodic reversal of tides... that is occurring in a way that HAS to expose their frauds... and force corrections...

But, while the "Great Reset" talk is an admission of failure... it is not a surrender ?

Boundaries, again... ?

What is "monetary", vs. what is "economic"... what is fictional, ephemeral vs. what is fundamental, intrinsic, immutable... what is "believed" but a lie vs. what is true... and, what is systemic, and unlikely to be "fixed" without the failure of those institutions committed to sustaining errors in policy based on lies, or ignorance of changing tides ?

The problems you see in a sycophantic "fake media" or Fed policy based on (MOPE) lies... in disconnects between virtue signaled vs. the actual lack of virtue ? Those are NOT separate things... there are no boundaries isolating them... they are separate instances of the same thing... the same error...

So, don't expect one failure is well insulated from another ?