The Banksters Have Won
10-31-14
mpg
Charting
Banzainomics: What The BOJ's Shocking Announcement Really
Means
Chart - (click
to view) -- A quote...."Still confused what the BOJ's
shocking move was about, aside from pushing the US stock
market to a new record high of course? This should explains
it all: as the chart below show, as a result of the BOJ's
stated intention to buy 8 trillion to 12 trillion yen ($108
billion) of Japanese government bonds per month it means the
BOJ will now soak up all of the 10 trillion yen in new bonds
that the Ministry of Finance sells in the market each
month."
By the way. After today, after the BOJ
announced their intention to completely monetize Japan's
debt, after the markets worldwide took off making new
record highs, this website editor has thrown in the towel
and has decided it is completely useless to post any
article predicting the price direction of the markets.
(stocks, bonds or currency).
Fundamental analysis doesn't matter, charts (or technical)
analysis doesn't matter. Almost every single analyst using
"real" data has been wrong in their predictions for
the last six years while those spouting nothing but
bogus statistics, trite lies, or company produced
propaganda have been right.
There is no raging inflation as those who follow Mises
have assured us would occur with all this money
printing. There is no dollar collapse as the Gold
Bugs have repeatedly assured us would occur from all this
money printing. It didn't, and still doesn't matter, that
the Fed does not actually posses any of the
gold reserves given to them in trust by over thirty five
nations, as regards to predicting gold's price, or what
should be these countries outrage at such a theft.
Japan's economy we've been told is in on death's door,
that the nation can't possibly continue to monetize its
debts without having their entire financial system
collapse. Something we've been told for over twenty
years, and it's still not true.
Countries that produce ever increasing amounts of real
goods and services with a humongous balance of trade in
their favor and ever ballooning sovereign currency
accounts are belittled and denigrated, and their stock
markets stagnate. While countries who consistently produce
less each year while incurring ever increasing debts and a
negative balance of payments are called the cleanest shirt
on the block, and their markets soar.
We live in a world of make believe where mark to fantasy,
off-balance sheet accounting and fictitious earnings has
become the norm. Where ten trillion dollars, or
hundred trillion dollars, could be whipped up at a moments
notice, at the push of a button, and never accounted
for....ever....by anyone.
Nothing matters, black is white, up is down, in is out.
To not mislead the readers of Reficultnias anymore than
they've already been mislead, from now on, the only
articles that will appear on the financial section of
Refcutinas will be posted to show the degree of
financialization, distance from the mean, divergence from
historical averages, PE's (if they can be reliably
determined), debt to GDP ratios (ditto) or gross economic
statistics such as wage growth, home ownership, or worker
participation, or the distortion that policies of massive
financialization, or the production of bogus financial
statistics can cause to an economy.
As much as is humanly possible considering all the ever
increasing, fabricated, financial data that's currently
being produced by both the government and those at the top
tier of the financial industry.
But ANY predictions in these articles for the
"markets" direction, even if based on actual reliable
data, or sound fundamental and technical analysis, should
be utterly ignored, because almost all these predictions
have been wrong for six years running.
It doesn't matter what happens from this point forward, be
it a "crash" next week, or ever surging prices higher for
the next decade, it is quite obvious nobody knows what
they're talking about.
From now on articles pretending to predict price
direction, or prognosticating the occurrence of a "boom"
or a "bust" in a particular market, will not be posted.
The only prediction method this particular website editor
will stick to is outlined in the Ten Year Economic / Warfare Cycle,
which is based on the geo-political plans of the
parasites, and the Banksters own self-interest.
The -- Banksters -- Have -- Won. - mpg
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