And more .....
posted on
Apr 20, 2011 12:03AM
We may not make much money, but we sure have a lot of fun!
American's have become so detached from how a real economy works that they are resorting to more and more bizarre ideas and behavior.
The problem all began in 1913 with the creation of the wealth destroying machine, the Federal Reserve. Through decades of theft and outright destruction of capital through the neverending distorting of the economy the US, by the 1990s, was on its last legs.
Furthermore, through the inflationary policy of the Federal Reserve, Americans found themselves priced out of the global workforce for many "jobs".
Now in its final stages of collapse the Federal Reserve has kept interest rates at 0% for more than 3 years now, further amplifying the problem. Despite what all the politicians and mass media say, jobs aren't created by spending money, they are created by producing more than you consume and saving the rest. Those savings then become a new pool of capital that creates jobs.
Keeping interest rates at 0% further decreases the propensity to save (and therefore create wealth) and, at the same time, forces people with assets to have to speculate in order to attempt to gain a return on their assets. Then governments attack speculators as being "the problem", when in fact, speculators are created by government interference in the economy.
It seems, however, that hardly one person in a thousand in the US understands how a free market economy works. This, of course, stems from further government interference in the form of "public education". They don't teach you anything about the real free-market economy or money in public schools.
And now, after decades of living in a non-capitalist economy, Americans don't even know what a job is or how it comes to be. Many actually look to their politicians to "create" jobs by stealing money from people and giving it to other people to create things that are unwanted by the market - thereby destroying the capital.
Even this expenditure of $14,000 by the government to print up super-hero capes isn't seen for what it is: the destruction of $14,000 more worth of wealth. And, to add insult to injury, yet another tentacle of the government structure will now destroy even more wealth by "launching an investigation" into this campaign!
The genius creators of South Park have made fun of American's lack of understanding of the "job market" for years:
Click on:
Who took our jobs? It wasn't China. It wasn't Dr. Evil Unemployment. It was the very people that most of the US looks to, to create jobs: the US Government and the Federal Reserve.