Want Hope and Real Growth? Let the Dead Forest of Corruption and Fed Manipulation Burn Down
by Charles Hugh Smith
Posted November 25, 2020
Wake up, America, and see the Fed for what it really is: a totalitarian tool of kleptocracy.
You know what happens when fire suppression policies limit forest fires: deadwood piles up and all the trees killed by bark beetles are awaiting a spark to ignite. Sure enough, a random lightning strike provides the ignition, and the entire forest is consumed in an out-of-control conflagration made inevitable by the policy of suppressing fires as “bad” for lumber companies and tourism, i.e. the politically influential.
This is a remarkably apt analogy for the central banks’ policy of suppressing business cycle recessions that burn down dead zombie corporations and all the deadwood suppressing new growth. More…