As Ludwig von Mises warned: "There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."
BNP Paribas Markets 360 continues the established narrative, projecting ECB rate cuts to 2% by mid-2025. They're selling the "neutral rate" story - a theoretical construct that supposedly balances economic forces. Meanwhile, Murray Rothbard's observation becomes more relevant daily: "The Federal Reserve System is nothing more than a legalized counterfeiting operation that benefits politicians, bankers, and Wall Street at the expense of regular citizens."
The deeper story? Mainstream media outlets systematically promote three illusions:
  1. That central planners can scientifically determine the "correct" price of money
  2. That currency debasement isn't a form of taxation
  3. That monetary complexity equals monetary competence
While financial media complexifies the discussion with technical jargon, the fundamental mechanism remains simple:
  • Systematic currency devaluation as an invisible tax
  • Debt monetization disguised as monetary policy
  • Artificial interest rates distorting capital allocation
  • Wealth transfer from savers to debt-heavy governments
Corporate media's role? Transform central bank decisions from what they are - arbitrary interventions serving state interests - into apparent scientific certainties (a scheme we know too well). The result: a sophisticated propaganda system making monetary theft appear as economic expertise.
this territory is moderated
47 sats \ 1 reply \ @Satosora 5h
And just imagine, this all started once we got off the gold standard.
reply
It began in earnest with Executive Order 6102.
reply
47 sats \ 0 replies \ @Nuttall 5h
3.That monetary complexity equals monetary competence
My favorite.
The M5M are not smart people. They have Communication (Communism) degrees and they subscribe to the "Liberal" doctrine of materialists.
Materialists worship this material world and have created their one eyed god, Baal or Bill (Dollar Bill) who is Mon+Eye or money. Not all seeing but all controlling by mind control and human sacrifice (especially babies).
They have a mystical faith based on the god that they trust who rewards the sinner who gets away with the casino credits.
We, on the other hand, know that all of their sacrifices are for the Supreme Godhead and in their ignorance they deepen their material bondage by PROOF OF WORK (Karma) their actions build up into a deep and dark connection where they fulfill their desires by creating disease, suffering, debt and passing on into the animal world.
We try and enlightened them with Satya (Sat-Chit-Ananda) which is truth, mindfulness and bliss by serving the Supreme Personality of Godhead mindfully. Instead of the machinations of degraded work we encourage service to the Lord and immediately remove the bonds of this Karmic existence.
reply
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.