THE TEMPLE OF CAPITALISM HAS GAUGHT FIRE..

WE PRAY THAT THE HOUSE OF CARTS, IS NOT TO TURN INTO ASHES!!

THE RAISE OF BANK INTEREST RATES - ONLY FOR LOANS,IN ORDER TO FIGHT INFLATION..!

KISSINGER lately said something very wise.

" If you are an enemy of America, it should be very dangerous. But..

If you are a friend and ally, then it could be lethally dangerous!! ".

Once upon the time, Macciavelli, said, that in politics, there is no morality.

If there is no morality, then by reason, there is  only immorality!!

FINANCIAL ACCELERATOR.

A financial accelerator is a means by which developments in financial markets amplify the effects of changes in the economy. 

Financial accelerators can initiate and amplify both positive and negative shocks on a macroeconomic scale. 

The idea is attributed to Federal Reserve Board Chair Ben Bernanke and economists Mark Gertler and Simon Gilchrist.

Professor Paul Graig Roberts,ex assistant secretary, during Reagan Administration, stated lately, in his article, that the chairman of the FED, is a moron, ( incompetent ), in respect of their decision, to increase the interest rates  to fight inflation.

 

Firstly, the officially reported,  11%, inflation, has nothing to do with reality..The official numbers, are victims of manipulation, by the western ,,banking authorities.

Second, this number, in case we accept it, as real, it  is not a result, of the increase of consumers Demand of goods or services, which due  to the increase of  income, ( salaries and wages of people),of the citizens ..

It is an imported factor, which is a result, of the energy crisis, and the war in Ukraine. 

The sanctions imposed on Russia,  by the EU, which fired back, as a boomerang!

EU states, they  purchase their energy supplies, from America,  but not with the same prices,  as prior to the imposed sanctions ,from Russia!!

They pay America, 300%,more..!

That's the meaning of friendship, and alliance!!

The decision makers in Brussels,  have no scientific excuses,  for their decisions..to increase the bank's loans interest rates..

The great economist, and Nobel price winner, Professor of MIT, in his Book " Economics ",he states  clearly  that ,the loan's interest rates, should be increased, only when there is superinflation,because of high demand,due to the increase of incomes..

The last 3 years,because of the pandemic of Covid 19,globally, many small and medium enterprises, closed their activities permanently. .

Many people around the glob,  lost their jobs.. 

Lost their incomes,  and many have seen their lives, and their families, destroyed..

The war in Ukraine, followed afterwards, either the so far known, or unknown, consequences. 

Definitely, not positive, anyway. .

Most of the States,  had about ,2%,decrease, on their development readings. .

Scientifically, and in economic terms, there is no proof, that the Decision Makers, are following, the rules of engagement, in order to fight inflation..

The paradox of their decision, is contradicting, with the subsidising of all EU States,  of the consumer's electricity bills, transport bills etc.

If the people,  has no sufficient incomes, to pay basic housing bills, and these bills,are subsidised by the Authorities. .

How the hell, business  and employees,  could have the ability. to pay an increase on their monthly loans instalments ,because of the increase of interest rates!!

Something is not OK.

Something is very wrong. .

If interest rates goes up..

Investment opportunities goes down...

Jobs opportunities disappear. .

Incomes goes down 

Consumers Demand goes down..

Production of goods and services, goes down..

And the  factor, which was defined, as financial ACCELERATOR, is  put in negative action sequential mode..

Les incomes.. 

Les Demand.. 

Less Production.

Less jobs..

Less ..

Less.

Less..

More Ressesion,  and bankruptcies. .!!