Topic: Economic Policy
Ęta Tumultuosa: Votus Pro Bono Novo Ordo Seclorum. The Tract Pro Bono explains the nature and causes of economic depressions. It describes what are the necessary conditions for the occurrence of a crash and an economic depression. It proposes a plausible alternative solution. it shows immediate dangers we are facingby Shalom P. Hamou
(liberal libertarian)
Wednesday, August 19, 2009
The Tract Pro Bono explains the nature and causes of economic depressions. It describes what are the necessary conditions for the occurrence of a crash and an economic depression. It proposes a plausible alternative solution. It explains the necessary conditions that must be met for the occurrence of a Crash. It presents ihe mmediate dangers we are facing.
The Tract Pro Bono has been written for the general public. To a certain extent reading it doesn't require any prior knowledge in economy.
It proves that, accelerated by Ben "Systemic Risk" Bernanke's brutal Quantitative Easing, after a short period of exceptionally good economic conditions and Irrational Exhuberance, which will inflate the Mother of All Asset Price Bubbles, we will have a Keynes' Liquidity Trap, The Crash and The Deep Depression.
It makes a critical analysis of Credit Based, Free Market Economy, Capitalism, and proves that its dysfunctions are the result of the existence of credit. It shows that income / wealth disparity, cause and consequence of credit, is a first order hidden variable, of economic development.
Using a novel model of the shape of the yield curve It solves most of the puzzles of macro economy: among which, Unemployment, Under Development, International Division of Labour, Business Cycles, Stagflation, Greenspan Conundrum, Oil and Mineral Prices, Deflation and Keynes' Liquidity Trap, Market Crashes...
It shows that no fiscal or monetary policy, including the barbaric Quantitative Easing will get the world out of a Deep Depression.
The Adjusted Credit Free, Free Market Economy is The Plausible Alternative to Capitalism a solution that would correct all of its dysfunctions.
It will be both more efficient, more equitable, more liberal and more libertarian.
A surprising result of my research is that what is optimal from an mathematical/economic point of view is also optimal from a moral point of view and is the only one that obeys to the precept of both Islamic Qu'ran and Jewish Torah. A rare occurrence never seen before.
In This Age of Turbulence The People Wants an Exit Strategy out of Credit, a New Economic Order.
Because of the immediate necessity to inform people about immediate dangers that could threaten us, I have decided to give it for free to those who would order it before September 17tn, 2009.
Not being aware of the pressures he was submitted to, I have, wrongly, observing his incoherent monetary policy, accused Ben 'Systemic Risk' Bernanke of having voluntarily caused The Great Depression. Although I ask him to excuse me, he will always be 'System Risk' for me. However from now on I will call him Ben Shalom Bernanke SR (SR for Systemic Risk).
In fact My Yield Curve has discovered on August, 19tn 2009 that Alan Greenspan had booby trapped the Fed and with his nefarious friends was blackmailing Ben Shalom Bernanke SR in to conducing a monetary policy he disapproved of.
I am officially extending him the proposal to manage our Credit Free currency. He is, from now on, under my personal protection. This is valid whatever he decides.
However he should know that, whatever he does, nothing can avoid The Crash now and it is better to work on an alternative solution rather than being under pressure and fight a war no one can win.
Your call to 911 have been received. We are on our way!
The views expressed in this
article are those of Shalom P. Hamou only and do not represent
the views of Nolan Chart, LLC or its affiliates. Shalom P. Hamou is
solely responsible for the contents of this article and is not an
employee or otherwise affiliated with Nolan Chart, LLC in his/her role as a columnist.
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