Alasdair Macleod Articles Bank For International Settlements Banking Big Lie Blowback Central Banks Corruption Crimes Against Humanity Economics Fear Federal Reserve Fractional Reserve Banking Globalists Jews Laws Money Political Propaganda Satanic Talmud Theft Totalitarianism United Kingdom United Nations War

Cycles Are Driven By Credit by Alasdair Macleod

May 23, 2022May 23, 2022 EarthNewspaper.com Comment(0)

Central bankers’ narratives are falling apart. And faced with unpopularity over rising prices politicians are beginning to question central bank independence. Driven by the groupthink coordinated in the regular meetings at the Bank for International Settlements, they became collectively blind to the policy errors of their own making.
On several occasions I have written about the fallacies behind interest rate policies. I have written about the lost link between the quantity of currency and credit in circulation and the general level of prices. I have written about the effect of changing preferences between money and goods and the effect on prices.
This article gets to the heart of why central banks’ monetary policy was originally flawed. The fundamental error is to regard economic cycles as originating in the private sector when they are the consequence of fluctuations in credit, to which we can add the supposed benefits of continual price inflation.
https://www.goldmoney.com/research/goldmoney-insights/cycles-are-driven-by-credit

Alasdair Macleod Archive
https://earthnewspaper.com/category/alasdair-macleod

Subscribe To The EarthNewspaper.com Newsletter
https://EarthNewspaper.com/Subscribe

Support Honest, Independent, And Ad-Free Media
https://EarthNewspaper.com/Donate

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

“Beauty will save the world.”
Fyodor Dostoyevsky

The Plot Against Art, Part 1
by Dr. Lasha Darkmoon
https://www.theoccidentalobserver.net/2009/09/19/the-plot-against-art-part-1

The Plot Against Art, Part 2
by Dr. Lasha Darkmoon
https://www.theoccidentalobserver.net/2009/09/20/the-plot-against-art-part-2

The Dangerous Cult Of Novelty
by Aleksandr Solzhenitsyn
https://www.ihr.org/jhr/v14/v14n3p37_Solzhenitsyn.html

“Beauty Will Save The World”
Excerpted from Solzhenitsyn’s Nobel lecture
https://isi.org/intercollegiate-review/solzhenitsyn-explains-ldquobeauty-will-save-the-worldrdquo

------------- Abortion -------------- ----------- by Mark R. Elsis ----------- Thou shalt not kill. Is there something people don't understand about the Sixth Commandment? I do not believe in government-sanctioned killing, whether it be abortion, capital punishment, or being drafted into a war. There have been about 70,000,000 abortions in the United States, since the despicable Roe v. Wade Supreme Court decision on January 22, 1973, that approved this genocidal mass murder, called infanticide. Perhaps we should have informative sexual education classes for teenagers, and contraceptives for all. Perhaps people should live up to their obligations, instead of using abortion as an easy way out. Because abortion not only murders the fetus who has no say in the matter, but also does significant psychological harm to the mother, and many times for the father too. And now we have added two new demonic lows to this most horrific act of abortion, Planned Parenthood has been caught selling baby parts from the abortions they provide, and eight states have no gestational limits on abortion, they are: Alaska, Colorado, New Hampshire, New Jersey, New Mexico, New York, Oregon, and Vermont, along with Washington, D.C. If one wants to know when the United States lost its way, and turned into a completely immoral country, it was on Monday, January 22, 1973.

"The USS Liberty was repeatedly attacked while in international waters by Israeli air and naval forces on June 8, 1967. The horrific result of this unprovoked attack by the Jewish state was that 34 Americans were murdered, and 174 were wounded. Then there was a complete cover-up of this premeditated mass murder, and for the first time in our history, there wasn't any retaliation against Israel for committing this act of war. And people naively still think we aren't owned by these deadly parasites." Mark R. Elsis

Hitler’s Peace Plans (95 Pages)
by Mark R. Elsis
https://HitlersPeacePlans.com

Holocaust Revisionism (168 Pages)
by Mark R. Elsis
https://HolocaustRevisionism.com

Deputy Führer Rudolf Hess (17 Pages)
A Courageous Hero For Peace
by Mark R. Elsis
https://RudolfHess.net

Hitler Wanted To Take Over The World (11 Pages)
by Mark R. Elsis
https://EarthNewspaper.com/Hitler-Wanted-To-Take-Over-The-World-by-Mark-R-Elsis

One Hundred Years Ago Today (4 Pages)
On November 8–9, 1923, Adolf Hitler led a coalition group in an attempt to overthrow the German government.
This attempted coup d’état came to be known as the Beer Hall Putsch, it is also known as the Munich Putsch.
by Mark R. Elsis
https://Earthnewspaper.com/One-Hundred-Years-Ago-Today-by-Mark-R-Elsis

Eisenhower’s Rhine-Meadows Death Camps
by Mark R. Elsis
https://Earthnewspaper.com/Eisenhowers-Rhine-Meadows-Death-Camps-by-Mark-R-Elsis

The Firebombing Of Dresden
February 13 – 15, 1945
by Mark R. Elsis
https://Earthnewspaper.com/The-Firebombing-Of-Dresden-by-Mark-R-Elsis

Eva Braun Films (4 Pages)
by Mark R. Elsis
https://EarthNewspaper.com/Eva-Braun-Films

James Forrestal was of Irish Catholic origin like the Kennedy’s and was close to JFK’s father. Both James Forrestal and Joseph Kennedy are examples of American patriots of Irish stock who were alarmed by Jewish influence over American foreign policy. The entry for December 27, 1945, in James Forrestal’s edited diary states: “Played golf with Joe Kennedy. I asked him about his conversations with Roosevelt and Neville Chamberlain from 1938 on. […] Chamberlain, he says, stated that America and the world Jews had forced England into the war.”

John Lennon was the greatest singer-songwriter and the most influential political artist of the twentieth century. He was assassinated on Monday, December 8, 1980, walking into the Dakota, his home on the upper West side of Manhattan, New York City. I was at the Dakota for nine hours that fateful night. I created this documentary to honor John. Strawberry Fields: Keeping The Spirit Of John Lennon Alive (Film) (1:22:08) Producer | Writer | Director: Mark R. Elsis Featuring: Crying For John Lennon by Hargo, Produced by Phil Spector and Graham Ward Released Online: April 1, 2020.