The Banksters Have Won


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