Brainwashing

Why is it difficult to change policy in the United States?

Much of the problem rests in the fact that the powers that be have an enormous amount of money with which to propagandize and brainwash the people.

The brainwashing is everywhere.

It comes from the most innocent sources.

It comes even from our allies in Europe.

It comes from documentaries.

Documentaries are even more dangerous than the evening news on main stream media.

The documentaries are more dangerous because you let your guard down and don’t openly contend what they are saying.

I was watching a documentary on immigration in Europe just today.

It was a nonstop assault on intelligence.

It subtly portrays Russia as a backwards place in which to live.

It talks about democracy in noble terms as anything but the joke that it is.

It pounds home the message that immigration is necessary to provide welfare benefits to an aging European population.

That one is my favorite because it is so untrue.

The reason why the elites want massive immigration is to pay slave wages for people to work on their farms.

They couldn’t care less about the aging population in Europe.

They don’t care about them here in the United States either.

What the elites want are cheap products to sell.

That’s more booty for them.

They also want divisiveness amongst the people. As long as there are multiple ethnic groups battling each other, there is a war against racism to be fought.

The elites can make money on that too

When the people are divided, the elites can get away with their chicanery.

They know full well the power of distraction.

The idea that immigrants will pay for the welfare benefits of the aged is preposterous.

Immigrants get old too; they too will need welfare benefits.

What will that entail? The need for more immigrants?

That’s a Ponzi scheme, my friend.

But it’s more than a Ponzi scheme.

It’s a nonsensical statement designed to stop your thinking in its tracks.

Just how will paying immigrants cheap money help pay for retirement benefits?

By boosting the economy? If that is the case why not pay existing Americans more money to pick the same crops – or wash the same dishes?

That will increase the tax base significantly.

Plus, knowing Corporate America as we do, they will find a way to pay the immigrants in cash that will go unreported, thus less tax money to pay for welfare benefits.

Bonus: Because more regular Americans will be unemployed, you the American people will pay more money for unemployment benefits and other social services that would otherwise not need to be paid.

In other words the Corpo-Pigs are shifting the pay burden onto you.

Ta da!

You have been suckered again, America.

All it takes is money to pound home the same message over and over.

It’s called brainwashing.

Sincerely,

Archer Crosley

Copyright 2022 Archer Crosley All Rights Reserved

Brainwashing

Why is it difficult to change policy in the United States?

Much of the problem rests in the fact that the powers that be have an enormous amount of money with which to propagandize and brainwash the people.

The brainwashing is everywhere.

It comes from the most innocent sources.

It comes even from our allies in Europe.

It comes from documentaries.

Documentaries are even more dangerous than the evening news on main stream media.

The documentaries are more dangerous because you let your guard down and don’t openly contend what they are saying.

I was watching a documentary on immigration in Europe just today.

It was a nonstop assault on intelligence.

It subtly portrays Russia as a backwards place in which to live.

It talks about democracy in noble terms as anything but the joke that it is.

It pounds home the message that immigration is necessary to provide welfare benefits to an aging European population.

That one is my favorite because it is so untrue.

The reason why the elites want massive immigration is to pay slave wages for people to work on their farms.

They couldn’t care less about the aging population in Europe.

They don’t care about them here in the United States either.

What the elites want are cheap products to sell.

That’s more booty for them.

They also want divisiveness amongst the people. As long as there are multiple ethnic groups battling each other, there is a war against racism to be fought.

The elites can make money on that too

When the people are divided, the elites can get away with their chicanery.

They know full well the power of distraction.

The idea that immigrants will pay for the welfare benefits of the aged is preposterous.

Immigrants get old too; they too will need welfare benefits.

What will that entail? The need for more immigrants?

That’s a Ponzi scheme, my friend.

But it’s more than a Ponzi scheme.

It’s a nonsensical statement designed to stop your thinking in its tracks.

Just how will paying immigrants cheap money help pay for retirement benefits?

By boosting the economy? If that is the case why not pay existing Americans more money to pick the same crops – or wash the same dishes?

That will increase the tax base significantly.

Plus, knowing Corporate America as we do, they will find a way to pay the immigrants in cash that will go unreported, thus less tax money to pay for welfare benefits.

Bonus: Because more regular Americans will be unemployed, you the American people will pay more money for unemployment benefits and other social services that would otherwise not need to be paid.

In other words the Corpo-Pigs are shifting the pay burden onto you.

Ta da!

You have been suckered again, America.

All it takes is money to pound home the same message over and over.

It’s called brainwashing.

Sincerely,

Archer Crosley

Copyright 2022 Archer Crosley All Rights Reserved

What’s It All About, Alfie?

Why is this illegal immigration occurring here in the United States?

Why is illegal immigration occurring in the United Kingdom?

Are you surprised?

The British people are. They want to know why, after disengaging the UK from the European Union, their leaders are allowing immigrants to flood into their country faster than Prince Andrew can fuck an underage girl?

Would you be surprised to know that the United States and Great Britain move lockstep politically and economically?

Sure, there are always differences, but for the most part they move together.

Why is that?

What is going on here?

What’s going on here is that the corporate cabal that has bought off our politicians is the same corporate cabal that has bought off British politicians.

The politicians don’t give a fuck what the people think. Only at election time do they give half a fuck, if there is such a thing.

The politicians do what the corporate cabal wants them to do.

In the United States that corporate cabal is the Harvard Cabal. In the United Kingdom it’s the Oxford Cabal.

They work together. They are the twin towers of global war and global exploitation.

And those motherfuckers want those immigrants to flood into the country.

Why?

Why would they want all these immigrants?

For many reasons.

Number one, they act as a source of cheap labor to keep emerging unions in check.

They also act as a source of cheap labor for migrant work.

But those are not the main reason I suspect.

The main reason is to act as a source of military recruits for their next war.

Let’s face it, the next generation of pampered billionaire parasites has to be fed.

Wag, wah, wah, screams the useless child of the ruling billionaire elitist, where’s my war. I want to be a multibillionaire too, mommy.

Not to worry, son, we are engineering a brand new war for you.

Stop, I want to ingrain a word into your head.

Sahel.

What’s that you say?

Sahel is the sub-Saharan region in Africa.

I fear that is the next major battleground for our global killing machine.

There must be a lot of resources there.

The French are already there. If the French are there the Americans can’t be far behind. And I wouldn’t be surprised if American troops already are there.

If we do go there to fight a major war, these newly arrived immigrants will be used to fight that war.

It’s a new form of colonialism. It’s called neocolonialism. You go into a nation that gained its independence in the middle of the last century, and you balkanize it. You balkanize it through war. Different indigenous factions will control nonvital territories. You will control the vital territories that yield the booty. You will then directly confiscate the assets for yourself.

The governments of the United States and the United Kingdom will simply make these new immigrants an offer they can’t refuse: Fight our war for us and we will give you citizenship with no questions asked.

That’s a winner for the elites.

It’s not much of a winner for the immigrants and their families. Many of those immigrants will die in this useless war to come.

And it won’t get any better for the people of United Kingdom or the United States. Your lot in life will grow smaller.

Trillions of dollars will be printed to give to the ruling elite who own the corporations that supply the war machine.

As I’ve stated many times before it’s not just defense contractors who will make money. All corporations will make money.

All corporations will make money because when you fight a war on another continent, you have to re-create Corpus Christi, Texas and everything in it from the ground up in order to fight that war.

And I mean everything. Roads, infrastructure, housing, everything in the housing, pictures, lamps, magazines, televisions, coffee tables, chairs, pillows, food, ice cream, paper clips, are you getting the idea?

E-V-E-R-Y-T-H-I-N-G.

Even McDonalds and Starbucks are in on the game.

Who’s going to get rich in that?

The owners of the corporations. The ruling class. The monied class.

Who’s not going to get rich?

You.

That’s what the illegal immigration is all about, Alfie. It hurts you in so many ways. It keeps labor prices down. It keeps you fighting with each other over illegal immigration. It enriches the large corporations. It keeps war going.

Sayonara, Suckers.

Sincerely,

Archer Crosley

Copyright 2022 Archer Crosley All Rights Reserved

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Regime Change Rishi

So what was Liz Truss’s resignation all about?

As an American who is not exposed to British affairs all day long, I was somewhat mystified.

Why were the markets roiled over her policies?

I thought her energy cap for the poor was good. I thought her tax cuts for high earners making 160,000 pounds and up was good.

I don’t see people making 160,000 pounds as rich people who have the money to purchase yachts and mansions around the world.

There’s certainly not in Johnny Depp territory. Johnny Depp can afford to buy entire villages in France.

So what gives?

Liz Truss graduated from Oxford. She was certainly in the club.

Or so I thought.

Why would the power elite be upset with her?

Well, it sure wasn’t because of the policies.

It is now clear to me.

I was listening to Mike Graham’s show on Talk TV.

A caller, a native Brit, called in to inform the listeners that Truss’s apparent successor Rishi Sunak was a billionaire.

I immediately began to research him on Wikipedia.

Well, he’s not quite a billionaire yet. But he by virtue of marrying his wife is worth hundreds of millions of dollars.

Not only that.

He graduated from Oxford and Stanford, and he worked at Goldman Sachs.

So there you have it, he’s another Goldman Sachs jerk off placed in a high position of power.

I’ll bet you the power elite are salivating today.

What a winner for them.

They were the ones who created the bond crisis through their speculative investments and their compliant paid-off main stream media, which was able to spread the fear amongst other bond traders, and they’re the ones who will be the chief beneficiary of the regime change in the United Kingdom.

This is a dark day for the United Kingdom.

It’s also an enlightening day, because if you can’t see now that the game is rigged against regular people, you’ll never be able to see it.

Wait and see what happens now.

Another great crisis is sure to ensue which will put more money in the hands of big banks and big corporations.

A new round of money printing will begin which will make the rich richer and the poor poorer.

Corporations are getting an erection.

No bond market will be roiled now.

The specters of money printing and inflation will disappear now that the power elite have their man in charge.

Oh, but conspiracies can’t happen.

Sure.

Sincerely,

Archer Crosley

Copyright 2022 Archer Crosley All Rights Reserved

Liz Truss’s Plan

Liz Truss’s plan was a good plan.

What’s wrong with energy price caps for the poor?

What’s wrong with giving a tax break to people making 160,000 pounds a year?

Both measures would have put money in the pockets of regular people.

Let’s be clear here: people who make 160,000 pounds a year are not rich. Jeff Bezos is rich; Elon Musk is rich; Richard Branson is rich. A guy or gal who makes 160,000 pounds a year is upper middle class at best.

Putting more money in the hands of regular people is not trickle down economics. Trickle down economics is when you give the government more power to give more money to big corporations.

Where are the concerns about inflation when money is printed up for military spending?

They don’t exist; they only arise when a leader proposes printing up a few bucks to help regular people.

Where was the roiling of the bond market when money was printed up to benefit large corporations?

Where was the roiling of the bond market when money was printed up to send money to Ukraine? It didn’t exist.

With Liz Truss’s resignation, the message is clear to every political leader: do nothing to help the poor and middle class or we the bankers and the ruling elite will wreck you and your political career.

Liz Truss’s resignation is a bad deal for the citizens of the UK.

It’s not only a bad deal economically; it’s also a bad deal educationally.

It’s a bad deal educationally because it helps promote the canard – promoted by the wealthy elite and their mainstream media – that trickle down economics is equivalent to giving tax cuts to people who make a few more bucks.

As stated previously, putting more money in the hands of regular people is not trickle down economics. Trickle down economics is when you give the government more power to give more money to big corporations.

Giving the government more money to build projects which ostensibly help the poor is not trickle up economics. Trickle up economics is when you give regular people more money in their pockets to make choices which are more relevant to their lives.

The problem with public projects (NHS) is that the government is not always wise with the people’s money. More often than not a big cut of the money goes to connected government contractors who are cronies of the government officials.

Consequently what seems to be trickle up isn’t reality trickle down. It is trickle down because these large corporations who steal public money through grants and contracts don’t pass this extra loot on to their employees.

That’s why Liz Truss’s plan was a good plan.

Would her plan have led to inflation?

I don’t think so. I think her plan would have stimulated the economy.

With more money in their pockets, the confidence and well-being of people would have improved. That’s an important part of the economy that should not be underestimated.

Improving confidence is a deflationary move.

Greater confidence leads to greater innovation and greater productivity.

People who might not have started a business under austerity and gloom – that will now surely befall the UK – would have begun new businesses that would increase employment in the UK. More people would be making more money. Good times would return.

That is not a possibility now.

Now, the UK will descend slowly into the muck and mire of penny-pinching austerity.

That’s a shame.

Liz Truss’s plan was a good plan.

Sincerely,

Archer Crosley

Copyright 2022 Archer Crosley All Rights Reserved

Message to Wharton School graduates.

Congratulations! You graduated from the Wharton School.

My condolences.

Now, it’s time for you to get a real education.

You certainly didn’t learn anything about the business world there.

What you learned from your ignorant professors there was how to stack a board room, how to set up offshore accounts, how to ship well-paying jobs from America to slave shops overseas, how to exploit people, how to walk around like you’re one of the best and brightest, how to pull Machiavellian tricks, how to take sneaky use of Roberts Rules of Order to your benefit, how to dress for success, how to cheat fellow Americans out of their hard earned money, and how to polarize wealth in the world to your advantage.

All of that will surely make you a lot of money.

None of that will do a damn bit of good for America the Republic.

Undoubtedly, you were taught at the Wharton school that the purpose of a business is to turn a profit.

That is not true.

The purpose of the business is to add value to society.

In the old days, they would say that the purpose of a business is to glorify God.

If the purpose of a business is only to turn a profit, then it will logically lead you to pulling every immoral trick in the book in order to maximize profits.

If the purpose of the business is to add value to society, then it becomes clear that your immorality doesn’t make society better, but worse.

I highly urge you to reject many of the lessons that you learned at the Wharton School.

Stacking a board drum, pulling sneaky tricks with Roberts Rules of Order, creating arcane stock class mechanisms that favor you over the common man, and shipping jobs overseas do not add value to society. They make you rich while enslaving millions, no billions.

Empires do not benefit anyone in the empire.

They do not benefit the people being exploited, nor do they benefit the citizens in the exploiting country.

Your Wharton School is part of the University of Pennsylvania that was founded by Dr. Benjamin Franklin many centuries ago.

Have any of your professors read The Autobiography of Benjamin Franklin?

Has anyone in the administration of the Wharton School read The Autobiography of Benjamin Franklin?

It’s doubtful that anyone there has read what he has to say.

The essence of The Autobiography of Benjamin Franklin can be reduced to two words.

The take-home message of advice that Benjamin Franklin gave to young men (and women) in order to succeed in life was the following:

Imitate Jesus.

Does this sound like anything that you learned at the Wharton School?

I know damn well that it doesn’t, because I’ve seen the fruits of the current crop of Wharton School graduates.

Jesus to you and them is a third baseman from the Dominican Republic who plays for the San Diego Padres.

Jesus is as alien to you as you are to me.

I detest you.

I detest the Master of the Universe policies that you have foisted upon the peoples of the world.

You raped the people of Indonesia.

You raped the people of Haiti.

You raped the people of Central America.

You raped the people of Africa.

You raped the people of America.

You are all about yourself and your supposed glory.

Well, you will have no glory. You will be the architect of your own demise.

And it will be a welcome demise.

Here are the lessons you should have learned.

A penny saved is a penny earned.

Save for a rainy day.

A stitch in time saves nine.

When you help others you help yourself.

Pride preceded the fall.

Love your enemies, for they tell you your faults.

He that falls in love with himself will have no rivals.

There never was a good war or a bad peace.

He that lies down with dogs, shall rise up with fleas.

Better slip with foot than tongue.

OK, I threw in a couple of my own, but no matter. They sound like something Franklin would say and believe.

Now, does that sound like any of the knuckleheads that taught you at the Wharton School? Does that sound like any of the knuckleheads in government who have graduated from the Wharton School?

Does that sound like any of the arrogant, warmongering, prideful Wharton School jerk-offs that have run up the national debt so as to glorify themselves through endless war and oppressive Third World exploitation.

I doubt it.

So congratulations Wharton School graduate. You’ve joined the club.

You’ve succeeded in becoming a loser.

By the way fuck face, did Jesus ride around in a first class chariot? Was Jesus the richest guy in Bethlehem, or Nazareth, or anywhere else? Did Jesus advocate accumulating as much money as possible? Did Jesus wear bling?

Did you know that Jesus was an economist also?

He was. He instinctively understood that when you help others you help yourself.

Have you ever thought for one second that enabling the poor and middle class would have positive rewards for you?

Of course you haven’t. You’re too busy looking at yourself in the mirror.

Sincerely,

Archer Crosley

Copyright 2022 Archer Crosley All Rights Reserved

Inflation and the Bogus UK Crisis

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

How Ghana Becomes Ghana

Why are so many of these Third World countries like Ghana in trouble?

Why are they always borrowing money from the IMF and then failing to repay?

At the core, these countries do not have a sufficient base of marketable skills and products that the world finds valuable.

They are very much like an unskilled worker who sits at the bottom of the pay scale.

If you have a skill that is specialized, that makes people money, that makes peoples lives more valuable, then you are in demand.

If you don’t have that skill, you sit at the bottom of the pay scale.

This is the problem with countries like Ghana.

Frequently these countries solely rely on agriculture, mineral exports, tourism, or foreign remittances. They may even serve as sweat shops for cheap labor.

This is not to say that these countries do not have tremendous natural resources.

Many do, and the United States covets these resources.

A key point is that the goods that are exported by the Third World country cost far less than the imported goods such as oil and food.

It’s very similar to a company that pays its workers small wages while renting them a house that costs a lot.

It’s called slavery.

It’s illegal.

In order to control the Third World nation, and keep the good times rolling, First World countries like the United States support a thug in that country.

The thug often does what the United States tells him to do.

He will borrow money from the IMF ostensibly to “help” the citizens. Often though, he will abscond with a good chunk of that money. He will also destroy local businesses by allowing US imports into that country. Naturally, he will use his US funded army to keep the sweat shops humming and the people from rebelling.

In time the citizens will rebel and overthrow him, but not after he kills a lot of people. Then he will take off to Florida with his billions and deposit the loot in US banks – offshore, of course, in either Panama or the Caymans.

The people will then be stuck with a huge bill to pay. It is often a bill that they cannot pay. Thus the threat of default and the need for restructuring the loan.

Not to worry. The new US puppet will come in and repeat the same process. He will borrow money from the IMF and the cycle will begin again.

A state of slavery will then settle into that Third World country. Many times to pay off the debt the US will “buy” natural resources.

That is what the US is really after.

While this is going on, a brain drain of the best and brightest of that Third World nation will occur. They will study in the United States. The United States will thus steal even more wealth.

These new recruits will become part of the empire that will further destroy their native country. They won’t realize what they are doing. They won’t be able to connect US policy to the plight of their former fellow citizens. They will say to their new found fellow citizens: “Oh, those people are always fighting. They can’t get their act together.“

They will that attribute the plight of the country to the moral failing of the native people.

This brain drain will thus lessen the marketable skills of that Third World country.

The economic situation in that Third World country will become especially dire when interest rates rise in the United States thanks to the actions of our Federal Reserve.

This makes imports more expensive in the Third World nation. Frequently these nations have a surplus of people who import much oil and food.

When you are economically destitute and deprived of opportunities, you place your energy into reproduction and the creation of children.

Remember these countries are now dependent slave shops for the United States. The United States has destroyed the self sufficiency of their country. Therefore they must import.

Because the imports are more expensive, life becomes tough for the citizenry of the Third World nation.

Austerity sets in as global companies seeing insolvency start slowing imports. This in turn helps prices to rise. Soon shortages abound.

Hyperinflation typically ensues as the local government prints money in excess in order to give people enough money to purchase basic necessities.

It’s a losing game.

The only way this can be reversed is for the people to make a decision that they don’t want to be raped anymore.

They have to decide to develop marketable skills plus self sufficiency.

They can no longer afford to rely so excessively on imports.

They must do for themselves what no one else will do.

They must invest in education.

They must encourage their best and brightest citizens to return on some level.

They must make sensible loans with lending authorities.

They must throw all US government officials out of the country.

They must begin to manufacture within reason their own goods and products.

The majority of their economy must be their own.

They must legally tie the costs of imports with the price of exports.

They must reestablish a sufficient base of marketable skills and products that the world finds valuable.

Sincerely,

Archer Crosley

Copyright 2022 Archer Crosley All Rights Reserved

Economics

This appeared in the New York Times today.

“While higher interest rates, slower growth and softer labor market conditions will bring down inflation, they will also bring some pain to households and businesses,” Jerome Powell, the Fed chair, said during a speech at the Kansas City Fed’s annual conference in Wyoming. “These are the unfortunate costs of reducing inflation. But a failure to restore price stability would mean far greater pain.”

Contrary to this statement, I do not believe that slower growth will bring down inflation. Nor do I believe that increased growth will cause inflation.

The effect of growth on inflation is neutral.

What is the inflation index? It is the amount of bioavailable money divided by the number of bioavailable humans while understanding that an increase in “stuff” increases the bioavailability of humanity.

An increase in economic activity increases both bioavailable money and bioavailable humans. Likewise a decrease in economic activity decreases both bioavailable money and bioavailable humans. Thus, productivity has no effect on inflation.

None.

The government’s belief that slower growth will bring down inflation is false.

Moreover, its promotion of such is a deception.

It is a clever deception to distract you from the truth which is that an increase in the bioavailable money supply causes inflation.

The inflation that we have was caused by the Federal Reserve and the US Treasury.

Simply put, they printed up too much money.

The proper solution is to decrease the bioavailable money supply, thus the necessity to increase interest rates.

Raising interest rates will control inflation.

In our case the Fed should be more aggressive.

Unfortunately for us, the Fed fiddles while Rome burns.

If the Fed were serious it would speak with actions instead of words.

Instead, Jerome Powell issues warnings.

Hey, man, don’t tell me, show me.

Show me the beef!

If you think inflation is that big a problem, and it is, get off your ass and raise the interest rates immediately.

As George Wallace once said about Vietnam – another calamity courtesy of our elites: “We’re pussyfootin’ around in Vietnam.”

We’re pussyfootin’ around here as well.

The big story people will be talking about for a long time now will be the lack of aggressiveness of the Fed in controlling inflation in 2022.

The Fed apparently is going slow because of fear in plunging the economy into recession.

They needn’t fear that.

America can easily handle a prime rate of 8 to 9% – well above what we have now.

It can handle it because it has handled it.

By going slow in controlling inflation, with its measly 0.75% increases in Federal Funds rate, the Fed is slowly bleeding America to death.

Inflation will continue to be high, yet jobs will slowly dwindle away.

The Fed, paralyzed by a false theory that increased productivity will cause more inflation, will refuse to raise interest rates in a much more dramatic level.

Look for fifteen years of unnecessary pain.

A lot of people are going to be hurting.

It need not be that way.

Unfortunately, we live in the modern age where the permissive parent is afraid to spank the child lest the insecure parent lose their child’s love. In this case, the Fed is the parent, and the child is Corporate America which has been feasting on easy money.

What is needed here is bold action.

Junior needs a spanking.

A strong increase in interest rates will rapidly shrink up the money supply.

Inflation will fall under control, and with it consumer confidence will restore.

Yes, of course, growth will rapidly fall off, but the pain will be much shorter in duration than the pain the Fed is now leading us into.

Copyright 2022 Archer Crosley All Rights Reserved

Canceling Student Debt 2

What does the national media continue to scare us about the national debt?

Why does the national media continually focuses on the national debt?

They need to do this so that they can bring up the specter of the enormous national debt at their convenience.

If you’ll notice, they never bring up the issue of the national debt when it comes to military spending, funding of Ukraine, or their own pay raises.

The specter of the national debt is only brought up when they need it to be brought up.

When do they need it to be brought up?

When there is a bill proposed that helps out the American people.

Such as?

Eliminating the homeless.

Canceling student debt.

Affordable healthcare for all.

When these issues arise, issues that would help even the playing field between the rich and the poor, then the national debt becomes the all important issue.

That’s why they need the issue of the national debt.

Of course, the national debt issue is a bogus issue.

As explained previously the issue is bogus because the national debt is never meant to be paid off.

In fact, increasing the national debt can be a valuable tool to equaling the playing field between rich and poor.

For example, suppose that I printed up $35 trillion and gave it all to the middle-class and poor. What would be the effect of that?

I picked $35 trillion in order to make the division easier. Let’s divide $35 trillion by 350,000,000 people.

That’s $100,000 for each and every American.

What does that have the effect of doing?

It helps level the playing field between rich and poor.

It gives a big boost to the middle class and poor.

It helps make up for all the robbery that the rich have been engaging in.

You heard me right. The rich have been robbing the poor and middle class through exorbitant government contracts.

Government contracts are what made the Dupont family rich.

Government contracts are what made Brown and Root rich.

Government contracts are what made the Steinbriner family rich. You probably thought George Steinbrinner was just the former owner of the Yankees. No way, baby. His family made their money building Navy ships.

Why shouldn’t you get in on the action?

Now, I’m not advocating that we print up $35 trillion for people to go to Vegas.

But I think it would be a good idea to invest in projects that would benefit the people.

Those projects involve student debt relief, comprehensive healthcare for all, high speed rail, fixing the homeless.

What’s wrong with that?

Don’t be dissuaded by the bogus argument of increasing the national debt.

It’s a bogus issue.

Bogus. Bogus. Bogus.

Sincerely,

Archer Crosley

Copyright 2022 Archer Crosley All Rights Reserved