Economy
In reply to the discussion: STOCK MARKET WATCH, Monday, December 12, 2011 [View all]Demeter
(85,373 posts)The amount of BS fiat currency that the banksters can throw around, with Fed and Treasury's help, is probably limitless at this point.
The REAL market keeps deflating their funny money out of existence, and the central banksters keep printing new money "to make the investor-rent seeking class whole".
Notice how today's deflation of the DOW was boosted at the last half hour to get back up to 12K. That's intentional manipulation, and it's been going on for most of the year.
The markets no longer find prices, reflect reality, nor serve any useful purpose for the greater society. To undo this would take politicians who were not corrupted by the banksters to regulate the fraud back out, or a bloody revolution by the 99%, neither of which seems likely, at this point.
The rules we all grew up with and studied in economics classes have been rewritten to defraud the 99%. There's no denying it. And those that rewrote the rules are very proud of themselves.