The Gutlessness of the Fed

September 20th, 2015
in Op Ed

by Michael Clark

The global economy is cyclical, not static; there is no perpetual growth. Seasons. The global economy does not need to be preserved. It is alive, changing all the time.

Follow up:

The global economy had relative tops in 2001, 1965, 1929, 1893, 1857, 1823....

The global economy today has already produced this round's fruit, the global economy, in 2001. Today this global economy is like rotting fruit in the top of the tree. We need to go forward, rather than attempt to protect the rotting fruit. The seeds in the rotting fruit need to get down to the earth, need to get buried in the soil, so we can have a new crop, set to give fruit in 2037.

I understand that this type of thinking SEEMS old fashioned, with our modern fetish for the details instead of the principles (Aristotle instead of Plato; Freud instead of Jung; Confucius instead of Lao-Tse) BUT to see the big picture (the MACROCOSM) one needs to withdraw from the details, the logic of causality, the small picture (the MICROCOSM) to understand the less personal (less fearful) process.

We need higher rates, and a stronger dollar, to help get the rotten fruit out of the tree and into the ground (the local, the national) where they can gestate and begin growing. The FEDs gutlessness is a sign of the weakness of the Intellect in creating a new (imagistic) reality. Our leaders are afraid of the future; so they hold their breath and try to protect the past (the most recent reality). They are guaranteeing that fascism will come because they have been unwilling to lead out of the soft cushion of Summer. They are afraid of difficulties and afraid of the disciple the world needs when confronted with difficulties. The FED treats the world like it is a museum, rather than a living organism.

The coming reality is: every nation for itself (and God against all). Summer comes; and then we must go all the way around the wheel of life to reach the next Summer again -- seeds NEED darkness to gestate. Of course, this is the logic of a farmer. And we are all today proud urbanists, globalists, city-dwellers, where Man is the God -- this is a major sin if I remember my Greek, HUBRIS, to be punished by Hekate, the Moon Goddess, the Black Queen. We have lost touch with nature and nature's laws; and that is what we need to re-learn.

Here is a book I began writing in 2008. It begins to explain this NEW dispensation, this view from the sky. Its called TURN OUT THE LIGHTS.

You will need to be able to cross over from the left brain (causality, reason, Man as God) to the right brain (the dream brain, nature, poetic wisdom, where God is on top) -- Plato over Aristotle (you knew it was coming). The Western world is crossing over the bridge from left brain to right brain -- there are four steps to evolution: 1) Winter, Gothic Religion, the Black King-Queen is enthroned: the tyranny of Religion and the Female Principle; 2) Spring, Renaissance, Science emerges from the Black Queen, Dead Religion, the first place of balance, Genius; 3) Summer, Empire, Empiricism, Science defeats Religion, the tyranny of Science and Man; 4) Autumn, the new balance, a Return to Nature, Art, Romanticism, Mysticism emerges from Dead Science, the second Place of Genius, Light returning to God, Home, Nature, Darkness to sleep....

The light crosses from the Religious Right Brain to the Irreligious and Individualistic (the Reformation) Left Brain during spring, becomes entrenched in the Left Brain is Summer, begins the transition out of the (remember the rotten fruit clinging to the tree of life, afraid of the future, and the fall from power) rigidified Left Brain back into the Right Brain in Autumn, and becomes entrenched in the Right Brain in Winter. Remember to keep moving. Don't become too attached to any one version of reality. When in Scientific entrenchment, think of Religion; when in Religious entrenchment, think of the freedom of Science. When in love with Confucius, think of Lao-Tse; when in love with Lao-Tse, think of Confucius. We need to transition OUT OF the global economy idea. Do not fear. It will return, only better next time. Each rebuilding of the world (...1911-1929; 1947-1965; 1983-2001...) is an improvement, is evolutionary. But we need the destructive Winter also. Creation and destruction work together. This is what 'creative destruction' is about. Evolution. Stop preserving the dead Old World, and get on with the next creation. The Old World peaked in 2001; we need to do our destructive work (destroying the old unproductive debt bubble) so that we can live again, 2019-2037.

This is a new vision of how the world works. The scientific (left brain) vision is used up, weak, cowardly, unwilling to go forward. Cross over to the other hemisphere, to the Right Brain, to the Imagistic World, the BIG PICTURE. The Sun is born is the East; the Sun dies in the West.

The BIG PICTURE is a timeless picture; the small picture is a series of causally connected sequential times (past-present-future) represented by mathematical details. Seasons instead of causes.

We are 14 years late in recognizing reality, the death of the Global Economy. The Global Economy began dying in 2001. Interest rates should have begun creepingn up from this point, and should continue to move up through 2019. Our leadership is telling us that savers are the enemy of our world; and that debtors are the saviors, that the world needs to continue punishing savers and rewarding speculators and debtors. There is something WRONG with this picture of reality.

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.



Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved