Matthew Ehret: Financial Blowout Ahead: Lobotomized Economists Clash on the Deck of the Titanic

Collective Intelligence, Commercial Intelligence
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Financial Blowout Ahead: Lobotomized Economists Clash on the Deck of the Titanic
As the geniuses running the western financial bubble sometimes called an “economy” continue to double down on their obsession to pump a dead financial system with ever more trillions in stimulus spending, arguments are raging among brainwashed economists living in denial over the oncoming systemic collapse. The thought of engineers on the Titanic passionately arguing over whether they should accelerate or decelerate the speed of the boat whose hull has long been torn to shreds by an iceberg comes to mind.

On one side of the debate, figures like U.S. Treasury Secretary Janet Yellen and Fed Chair Jerome Powell champion an emerging new wave of high interests as “a plus for society’s point of view” in order to counteract the increasing rates of inflation sweeping across every sector of the economy. This camp asserts that this spike in interest rates should not be done immediately however, and only begin in 2023, and until then interest rates should be kept at near zero percent.

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