Basing a “virtuous cycle” on lies and propaganda is self-defeating.
Does believing in the “recovery” make it real? The propaganda policies of the Federal Reserve and the Federal government are based on the hope that you’ll answer “yes.” The entire “recovery” is founded on the idea that if the Fed and Federal agencies can persuade the citizenry that down is up then people will hurry into their friendly “too big to fail” bank and borrow scads of money to bid up housing, buy new vehicles, and generally spend money they don’t have in the delusional belief that inflation is low, wages are rising and the economy is growing.
In other words, the “virtuous cycle” of new debt feeding economic growth is based on conning (or brow-beating) the American public into believing that the “recovery” is real. Our “leaders” hope this baseless belief will spark a buying frenzy that then fuels a real recovery.
Perception may seem like everything to our Delusionol(tm)-soaked “leaders,” but reality still trumps the con. Real wages are declining and debt loads are still crushing, so the new cycle of borrowing and consumption the Fed and Central State want to create requires trillions of dollars of free money, either guarantees or subsidies from Federal agencies or trillions in monetary printing via “quantitative easing.”
Read more at Of Two Minds.com. By Charles Hugh Smith.
Photo credit: terrellaftermath
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A muslim burglar broke into a Christian home one night. He shone his flashlight around, looking for valuables, and when he picked up a CD player to place in his sack, a strange, disembodied voice echoed from the dark saying "Jesus is watching you." He nearly jumped out of his robe, clicked his flashlight out and froze.
When he heard nothing more after a bit, he shook his head, clicked the light back on and began searching for more valuables. Just as he pulled the stereo out so he could disconnect the wires, clear as a bell he heard, "Jesus is watching you." Frightened, he shone his light around frantically, looking for the source of the voice. Finally, in the corner of the room, his flashlight beam came to rest on a parrot.
"Did you say that?" he hissed at the parrot.
"Yep," the parrot confessed, then squawked, "I am just trying to warn you."
The muslim relaxed. "Warn me, huh? Who among the Jinn of the underworld are you?"
"Moses," replied the bird.
"Moses" the muslim laughed. "What kind of stupid infidel would name a parrot Moses?"
"Probably the same kind of infidel that would name their rottweiller Jesus," the bird answered.
No it dont make it real with lies.
I suppose that could work, supposing that a rabbit could lay eggs, and become the Easter Bunny, hopping down the Bunny Trail………….and that we could put our teeth under our pillow at night, and the Tooth Fairy would come and leave us dollarS, because she would know that the dollar has been so devalued……………..and Santa Claus is totally real, drives a sleigh with 8 tiny reindeer, and can cover the WHOLE WORLD in one night! I mean, for real folks! And if you beleive all that………….try to beleive that this “recovery” is actual fact! not!