Let’s look at the UK’s economic crisis to explain a few points about the economy and the way that I view it.
To begin with, I think Liz Truss, the Prime Minister, had a decent plan to revive the economy in the UK.
Obviously, the power elite did not agree with her.
When you see the power elite of the world line up against someone or some policy, you should start thinking that maybe that policy is the way to go.
If the elites are going to be that unified and angry about something, it must have benefit for you.
Remember, our elites in this day and age are no different than Nero and Caligula. They are psychopathic nut jobs who are addicted to money accumulation. They love to stare at their piles of cash.
Thank you Leo Iacocca. Thank you for ushering in the age of unrelenting CEO greed.
Let’s be clear, as I have stated before, this bond crisis in the United Kingdom was manufactured by the power elite in order to trash the Prime Minister‘s economic plan which would have been good for the regular people in the United Kingdom.
Why do I think this way?
Let’s start with a definition of inflation. The inflation index is equivalent to the number of eco-available people divided by the amount of eco-available dollars.
If we increase eco-available people, that is a deflationary move. If we increase eco-available dollars, that is an inflationary move.
The Prime Minister‘s plan had two key components: energy caps for the poor, and tax cuts for the upper middle class, people making over 160,000 pounds per year, which is about $160,000 per year.
An important point: People who make 160,000 pounds to 300,000 pounds per year are not rich.
Elon Musk is rich. Mark Cuban is rich. Richard Branson is rich. Warren Buffett is rich. Charles Munger is rich. These people are billionaires.
People who make 160,000 pounds to 300,000 pounds per year are not rich.
They don’t have their own jets. They don’t have palatial estates in the countryside. They don’t have several homes around the world. They are not rich.
They don’t own mansions that you see in Downton Abbey.
They are not Mr. Darcy.
The argument that the Prime Minister was giving tax cuts to the rich is totally bogus.
OK, let’s proceed.
When Liz Truss, the Prime Minister, suggests caps on energy prices to the poor, she is putting more money in their pocket, thus increasing choice and human welfare. When the Prime Minister gives tax cuts to the well-off, she is putting more money in their pocket thus increasing choice and human welfare.
This increases the eco-availability of the people. This is a deflationary move. This is offset by the printing of money which is an inflationary move. The net affect is zero.
Okay then, what happens when the government prints up money and gives it to big corporations? The printing of money is an inflationary move; however, unlike the prior example, the printing of money is not offset by greater eco-availability of people which is a deflationary move.
This does not happen because giving money to large corporations decreases the eco-availability of people which is an inflationary move.
Why would this be?
Principally because corporations in this day and age do not pass along the money to regular people in the form of wage and salary increases. The money now goes to CEOs who put it in their rich piles of cash.
These rich piles of cash now are transferred to other rich piles of cash.
The money while stored in financial institutions is not used to benefit people.
This is helped along by higher interest rates and banking practices which make it more difficult for regular people to get loans.
Thus, while the total money supply has increased, the eco-availability of the people has not increased.
Thus you get inflation.
In summary, printing up of money will not cause inflation if the money goes to the people; printing up of money will cause inflation if the money goes to wealthy billionaires and large corporations who sequester the money away from themselves.
Now, of course, all of this is contingent upon having a healthy working environment which produces stuff both physical and abstract. Of course, inflation will increase if you give money to people to sit around and watch television. Or if you pay them to remain in their house hiding from a virus that they cannot hide from.
The entire point of this argument is to point out that the fears of inflation that were raised when Liz Truss offered forth her economic plan are bogus. These fears were raised by the elites and their puppets in the media in order to trash any plan that would put money in regular people’s pockets.
The elites become infuriated when regular people have a few bucks that might challenge their immoral and illegitimate tyranny.
It was the elites who created the fear that caused the plunging of the bond market in the United Kingdom.
Why did the bond market suddenly plunge at this point in time within days after the Prime Minister made her announcement?
These titans of industry had effectively been buying bonds on margin for a long time. Why did this crisis happen now?
It happened right now because the elites have the power to create fear in the markets which will cause these crises.
The elites control the minds of men.
They created this fear, and they based this fear on a faulty understanding of inflation and how inflation comes about.
Actually, they don’t have a faulty understanding of inflation at all. The elites know full well what they are doing.
They never raise bogus concerns about inflation when it comes to printing up money for large corporations. They never raise bogus concerns about inflation when it comes to printing up money for war. Only, when someone suggests printing up money to help regular people do these concerns come about.
Of course they do. The power elite in the United Kingdom (and the United States) are psychopaths. They are sick people who are addicted to money.
They created a bogus crisis solely to benefit themselves.
They are no different than King Louis and his whore wife Marie-Antoinette who partook of pheasant and fine wine at Versailles while the people in Paris rotted away.
A few bucks for the peasants in Paris?
Forget it!
Sincerely,
Archer Crosley
Copyright 2022 Archer Crosley All Rights Reserved

Cowboy Archer 