Archive for June 26th, 2022

RAGFLATION: Inflating Poor In Rags, Wealthiest, Wealthier

June 26, 2022

RAGFLATION: A New Concept, Inflating Money And Rags: Let Them Wear Rags!

Markets expect inflation to subside within a year (there are markets of future interest rates). Central banks need to mitigate inflation. However, central banks must not create a recession. Yet, the Fed head claimed action which risked a recession was needed. For those who don’t know, central banks are cover-ups of unions of the wealthiest lending to states… So they are intrinsically plots of the wealthiest. The earliest ones in Florence and Britain, were devised for, and entailed much military action.

Thus, any central banks’ action is one directed by the wealthiest financiers plotting together in the name of the wealthiest crust of society. By yanking interest rates and loans (to the wealthiest) just so, and according to their latest plot, they can insure that the wealthiest get wealthier and the poorest more into rags. 

Correcting an error such as free money for the wealthiest, with another error, expensive money for the poor (after making the wealthiest wealthier) does not make a right… for society at large… although it makes still another right for the wealthiest.

The present day inflation was created by central banks, principally (complicating factors such as Putin’s Third World War made matters worse). The Fed not only annihilated interest rates and made massive qualitative easing, but also bought mortgage bonds to make mortgages loans dirty cheap, thus feeding a strong inflation in housing… In existing housing prices, not in creating new housing (the two concepts are antinomic to each other)… making the housing crisis worse.

This sort of torture through interest rates is called “sadomonetarism”, since Lady Thatcher, who practiced it. It inflicts pain to better society (supposedly).

Sadomasochism is fed by a deep tendency of the human mind… that of inflicting pain and extinction on other human beings. This instinct corresponds to the necessity of destroying other humans to save the ecology. In other words, lofty reasoning from revered experts may well hide the basest and worst instincts of destruction… which are millions of years old. When the chimps go kill all chimps in the nearest valley, they don’t act any differently.

Thus, the Fed, the central bank, which is stuffed with human beings with higher ambition, greater greed for domination than usual, as all the most powerful institutions tend to be, may well harbor, deep down inside, a strong desire for ragflation…. The will to reduce a significant part of the population to rags. To make the wealthy wealthier.

In the ultra wealthy San Francisco Bay Area, where I reside, one can see camps, some extending a mile along some freeways and interchanges, where people, some dramatically sick, live in rags. That, too, is part of the economy, and should be part of the Fed’s business, this ragflation, this inflation of rags and destitution, that the Fed fed, while ensuring that local homeowners enjoy multimillion dollar homes (even if they have just one bathroom) lowers the standard of civilization. It makes people inured to gross inequality, inequity and sadomasochism.

Sadomonetarism, making the wealthiest wealthier, is just one consequence of this generalized desire to inflict pain on others. Enablement, love and consideration for genocidal dictators such as Putin and Xi is another aspect, so is the devilish plot to support irrealistic “renewables” while nuking nuclear all with the practical effect of fostering fossil fuels.

The most effective manipulation of minds consists into doing something in order to achieve the opposite. 

Patrice Ayme

This is just a fractious of the Woodstreet Oakland Concentration Camp. In the distance, homes on the hills ar worth several million dollars each. Such camps are many in Oakland, and typically tucked along or below ten lane wide massive freeways or freeway interchanges with dozens of lanes..

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