2022 Nobel Prize In Economics Given To Banking Inequity, And Financial Catastrophes

To impose an evil notion, namely that the banking system is a just pillar of society, there is nothing like celebrating its greatest priest with the ultimate prize. That intuitively says that his religion, private oligarchic banking, backed up by the state, is the greatest. 

 

Thus, giving the 2022 Nobel Prize to the chief central banker, Ben Bernanke, is a propaganda trick: the establishment, and in particular the financial oligarchy, gives itself a pat in the back, an academic applause, the nobility of the Nobel. 

 

All the assertions celebrated in that particular prize, and presented as new, shattering discoveries, are trivial, and well known, since there are bankers and they lend. In the modern era, that’s at least as old as the republic of Florence, nine centuries ago... Bernanke discovered that banking has to do with trust? What a discovery! A Neanderthal lending to another, 300,000 years ago, knew this…

 

Now of course the Nobel prize had been given earlier to Milton Friedman for the exact opposite discourse, which was obviously wrong. But then Friedman was tied to the Reagan establishment. Now we are more into straight plutocracy, and banking has to be venerated as an instrument of social justice: no plutocrats have been injured during the making of this financial movie, two huge central banking crises in two decades. 

 

Bernanke banking is the culmination of humanity and morality! That Nobel celebration of central banking augmentation of obscene inequity of the last two decades must persuade the naive that these crises, in which most people have been irreversibly hurt, did not happen: was not a prize given to celebrate how they were, after all, avoided? So inequity was just an illusion? And certainly of little significance? This is what the Nobel folks want you to believe. No doubt they can be in turn feted, invited to plutocratic universities and wealthy think tanks, rub shoulders with billonaires…

Patrice Ayme

New height of impudence as Economy Nobel was given to the guy who saved humanity from the fires he himself lit. What’s next? Giving the Peace Prize to Putin for Puting to eternal sleep hundreds of thousands of people?

Tags: Banking, Ben Bernanke, Nobel Economy 2022