Money Trends Research, 2 January 2012
One of the most frustrating issues to haunt the halls of alternative economic analysis is the threat of misrepresentative terminology.
For instance, when the U.S. government decided to back the private Federal Reserve in lowering the interest rates on lending windows to European banks last month, they did not call this a bailout, even though that’s exactly what it was. They did not call it quantitative easing, or fiat printing, or a hyperinflationary landmine; rarely does bureaucracy ever apply honest terminology to their subversive activities.
False terminology is the bane of every honest analyst, because in order for them to educate and awaken those who are unaware of the truth, they must first battle through the daunting muck of the general public’s horrifically improper perceptions and vocabulary.
PhiBetaIota: There seems to be an emerging conflict between those who control actual natural resources, and those who control printing presses and goons with guns. Some of the stuff being planned for 21 December 2012 is mind-boggling. The good news is that the eugenics / rule by secrecy crowd appears to finally be losing to the diversity / open source everything crowd. We are pleased to be part of the latter group.