Cryptocurrency: Central Interest Rates Toward Zero, Poisons, Distastes, #DrainTheSwamp

grarpamp grarpamp at gmail.com
Mon Oct 12 23:37:32 PDT 2020


> You know, it really appears that the Fed was very much on the side of Obama, and later it was very much against Trump.  Almost as if it was trying to SABOTAGE the economic recovery.

The Fed doesn't like parties (say the Republican Tea Party)
and people (Ron Paul, Cryptos) that might go against it.
Playing Sabotage and Saviour are self preservation tools.

https://en.wikipedia.org/wiki/Tea_Party_movement

Media, Democrats, and Deep State all trying to sabotage Trump too.

Could it be because Trump's campaign promise to...

#DrainTheSwamp

... tends to go against all four of their existance...

https://pbs.twimg.com/media/DrWCnAOVsAANqPh.jpg  #MAGA RWR


Kinda need to drain the worst systems of pervasive breadth and depth
entrenchment (Democrat Socialists Communists) out the way
before anyone could hope to come fill the new space with say
Libertarian Voluntary Anarchy.

And/or develop an AP poison pill that might encourage space
to free up more quickly across the board instead of slow progress
along the authority-freedom number line.

Cryptocurrency pill already started up.

Consider... that Trump as a business may also harbor decades
of quiet distaste for all the above, regulations, non-free markets, etc.


Multiple fronts of action toward more freedom.


> "President Donald Trump now wants the Federal Reserve to lower interest rates to zero or below."
> https://www.barrons.com/articles/trump-ignores-the-downsides-of-negative-interest-rates-51568280604

Year old article though still relevant.

Excluding all other factors and mechanisms which
are still unfortunately very much in effect therein,
such as plain old money printing...
A forever zero interest rate would mean neither side profits,
nor the middleman known as the Fed, thus Fed eventually
bankrupts itself from costs of being a pointless passthrough
operation. Won't happen.

Sweet spot for American economy has been around 2-5% or
so over recent decades. That may not remain true going forward,
and can be hard to reach smoothly.

Admins should be careful since markets tend to dissent
against application of extreme external conditions and
rates of change. Keynes is a rather extreme propostion.

Not the sweet spot data, but a chart on history...
https://www.visualcapitalist.com/the-history-of-interest-rates-over-670-years/

Were the "recovery" talking heads to think...
Much of worlds economy is still intact re Corona,
immediate issue there is people forcefully unemployed by
retarded government lockdowns. Easily addressible
for a few more carryover months by world shaving some
billions off its military budgets and distributing based on
need. Thus no new debt, and smaller war machine.
It's policy, thus not really Libertarian, but probably faster in
interim than refunding tax theft till treasuries depleted,
and teaching humanity to give directly to local charity,
roads, etc instead.

Debt seems to remain the chosen way, not least until
spectacular implosion sometime, somewhere, as usual.

Cryptocurrency pill has been predicted by cryptos to nullify
debt policy in favor of humanity... so could gold, and chickens...
were humans to adopt any suitable mix of them over Fiat,
and see about avoiding implosions.


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