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April 1, 2020 | Amorality Will Not Bring us Prosperity or a Positive Future!
Don Swenson
What I witness now in government (our Fed and Treasury mostly) is a serious form of ‘amorality’ and lack of Constitutional credibility. Let’s define this word for this missive:
Amorality | Definition of Amorality at Dictionary.comwww.dictionary.com ›
having no moral standards, restraints, or principles; unaware of or indifferent to questions of right or wrong: a completely amoral person.
Our policymakers are now flooding our markets with fake dollars which they create from their consciousness. Trillions of dollars will flow into our markets as this Cares Act plays out. Who approved all these units of nothing (mere mental illusions) for our markets?
The core policymakers were Mr. Jerome Powell, Fed Chairman, and our Secretary of the Treasury, Mr. Steven Mnuchin. These two policymakers did not consult with the American people prior to their decisions. All happens from their Ivory Tower venues. Counterfeit money is flooding our markets and no-one seems to care. This is clearly a form of ‘amorality’ at the highest levels.
As an economist/teacher/philosopher, I can sense that all these shenanigans will fail miserably. The attempt to correct prior ‘amoral’ behavior with new ‘amoral’ behavior will NOT be positive going forward. Our greater Policymaker within us (our consciousness) will not approve of these polices. That is my sense of our situation. We are heading for a serious economic depression (sometime later in 2020).
The purpose of money is to exchange ‘value’. China produces a product(s) and we purchase this product(s) with money which is viewed as having ‘value’. Does China view our virtual/illusionary dollar (now being counterfeited in the trillions of units) as having ‘value’. I don’t think so.
Russia also does not view our current fake dollar as having ‘value’. Both Russia and China are now eliminating our dollar (gradually) as a currency with ‘value’. Gold is viewed by these nations as having ‘value’, but not our fake/virtual/illusionary dollar created by our Fed. I expect many other nations to come to their senses and reject our counterfeit/virtual dollar…going forward.
As I have pointed out for years, money was invented to serve a very specific purpose within commerce. This purpose was to serve as a proxy for ‘value’. Value is exchanged between nations as they produce products for the markets. If one nation produces oil (say Russia) and another produces (wheat) say America, then we can exchange ‘value’ for ‘value’. This is accomplished (historically) via a money unit which is perceived as having ‘value’.
Historically, commodities such as gold and silver (and other key commodities/oil) are the proxy for ‘value’ in our international marketplace. Today, all this exchange has been corrupted. We now live with an ‘amoral’ trading system which can only lead to chaos (over time). Expect leaders in other countries (Putin, Xi, Modi, etc.) to denounce American policymaker’s for their ‘amoral’ behavior within finance and monetary affairs.
I sense that a global Reset of all monetary affairs is coming later in 2020. Anyone with some wisdom can discern that what our policymakers are now doing is totally ‘amoral’ and ‘corrupt’. We need a Reset immediately plus we need New Leaders. Mr. Powell should resign. Mr. Mnuchin should resign. And all those to advise these ‘amoral’ leaders should resign. Our economy can not recover until THIS HAPPENS.
Our world is heading for economic chaos down the road (say by the end of 2020). Who has made all these ‘amoral’ decisions? It’s our elected and unelected leaders who perpetuate this ‘amorality’. Economics is based upon trust/honesty/fairness. This is missing in today’s markets. Traders will figure this out over time. Then the s…. will hit the fan. I can predict this with assurance as economics and finance is a ‘trust’ enterprise.
Trust and confidence are the key concepts going forward. I sense that this is missing given our current batch of policymakers. We now need New Leaders who can discern the problems and then develop a New Model for all our global markets. That is my perception of our situation. Think for yourself. Have a good day and prepare for more economic chaos down the road. It’s built into this current corrupt/amoral system.
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Don Swenson April 1st, 2020
Posted In: Kingdom Economics