iBankCoin
Read Scott here on iBankCoin and also at http://www.createcapital.com/
Joined Jan 19, 2010
717 Blog Posts

All Rules Suspended Until Further Notice

The rules of most everything as we know them have been changed since the latest economic crash. The very foundations of our civilized society have been adapted to the needs of the monied status quo. Government, banking, materials, employment have all been inexorably altered to suit the current environment. And within the parameters of the new normal, pure falsehoods are perpetuated as truth. Outright lies are OK and deemed the true reality. And this goes for almost all aspects of our artificial financial complex and eavesdropping government controllers.

Why do we need to analyze anything? For markets, all that matters is the “stimulus”. There are no consequences as long as those who control the capital say so. Sure, we can speculate on individual stocks or “play” them in some way. But the fact is that an uncontrolled entity with no oversight is printing cash money and buying assets with it to the tune of billions and billions of dollars every day. In fact, the ten largest hedge funds on earth have assets under management roughly equal to just four months of this artificial stimulus. It is not normal market function it is something else entirely. And few really care as long as the game continues.

I recently got into a small twitter debate about the scheme of things nowadays and I was told to just suck it up and play within the new, identified parameters. The truth is that I find it difficult to suspend my disbelief in order to participate fully in this artificial schema, though I do own old man stocks from the past few years at considerably lower prices.

The question is continually asked about how this free money regime will finally end. I don’t know. No politician will have the guts to order it. No banker will have the stones to say enough. No regulator will have the power to end it. As long as it benefits those with capital, it cannot stop until some larger crisis develops. And I don’t know when or how it will be. Just that it will eventually be.

So in the meantime, listen to those who have been successful finding the cleanest crap out there and follow.

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6 comments

  1. metalleg

    Welcome back Scott. Hope your issues have been resolved favorably.

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  2. Jworthy

    Thanks Scott. Really glad to get this reminder from you. Hope you are feeling better.

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  3. MX2101

    I think you nailed it right here:

    “As long as it benefits those with capital”

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  4. surplus_drones

    Welcome back Scott!
    Hope all is well with you and yours!
    I for one miss your commentary.
    It is spot on. A sliver of truth in the matrix. Be well!

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  5. lulusteel

    Spot on like usual.

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  6. Yabollox

    The moneyed interests are further entrenched, the poor have less a chance than ever to displace the traditional powers. This leadership promised to be different, but they are either impotent or false. The have increased the EBT cards.

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