| Re: no komentāriem |
May. 5th, 2013|10:21 pm |
Wherever you look, it's a question of control - here, too at State level - an independent central bank and adoption of a currency controlled elsewhere means no control of monetary policy. Fiscal pacts means less and less control of fiscal policy. All to make states more acceptable to markets already clearly rigged by shhhhhhh!
People who delight in being considered rational don't, you understand, talk about the most powerful structure on Earth - By the way, I've been reading some academic papers in a collection "Political Economy of Monetary institutions" - Fxxxing hilarious assumptions by the academic class that in an effort to see and hear no evil, see nothing 'political' in those doing the rigging at all - no wonder they didn't see it coming (I remember Vjaceslavs Dombrovsksis saying to me pre-crisis "I don't know what you are worried - basically it will be OK". And so it has been for his lot, the result being more and more control - just wait for the cashless society. |
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