In what had to be the most grotesque piece of sociopathic blather dispensed in recent memory, Kartik Athreya, a cog in the criminal Federal Reserve machine issued an essay recently entitled, "Economics is Hard. Don't Let Bloggers Tell You Otherwise." (see here: www.scribd.com/doc/33655771/Economics-is-Hard)
According to Athreya, economics is just too difficult for anyone who has not taken "a year of PhD coursework in a decent economics department."
We agree that it is difficult to centrally plan an economy and artificially fix the price of money (interest rates). In fact, it is impossible. Just ask the Soviet Union. It's no wonder Athreya, who describes himself as a "rank and file PhD economist," and a "worker bee chipping away with known tools at portions of larger problems," finds it so difficult. It can't be done.
But perhaps Athreya does not even realize he is working within an artificial economic system set-up by the power financial elite in a criminal institution whose sole purpose is the subterfuge transfer of wealth from the poor to the rich. It's a tough job, but someone's got to do it, right Athreya?
Central banks, including the Federal Reserve, have taken wealth from the economy for centuries now and transferred it to the rich. The transfer of wealth happens just slow enough that most people never quite figure out what is happening and the governments and banks themselves always like to point to how difficult economics is as a ruse to pilfer.
As the central banks inflate the money supply the people who hold assets such as real estate, gold and businesses see their assets increase in value in relation to the currency whereas all the real "worker bees" who have little assets only see their cost of living increase and year by year fall further and further behind until they are basically slaves to the system.
Even further, the criminal institution for which Athreya so diligently works is the only thing that enables virtually all wars. Without a central bank standing ready and willing to lend governments whatever amount of cash they need to pay for their foreign wars and entanglements there is no way taxpayers would support the great majority of wars of the last century.
There would be a lot less, "We gotta support the troops," going around if everyone was handed a bill every month for the occupations of far flung places such as Iraq and Afghanistan. Instead, the Federal Reserve just quietly creates the money and no one seems to notice until a few years later when all that new money begins to increase the prices of goods across the board. But by that point the lapdog mass media will always point to another culprit as being the reason for the rise in prices.
And so, yes, you are correct Athreya, it is difficult to work within an enterprise almost solely responsible for most starvation, poverty and death via warfare in the world today. In fact, I don't know how you do it without slitting your wrists for all the despicable things you have been a party to.
Yet, Athreya goes on to make statements that are even more profoundly idiotic as he goes! It seems the more he opens his mouth the stupider it gets.
The only way to sufficiently show this level of sociopathy is just to quote him word for word. If at the end of reading the next paragraph you aren't slumped over in your chair, drool dripping from your slack jaw, like a person who has just had a stroke, your brain ceasing to function for a brief millisecond or two as it tries to even fathom how someone could have a thought process like this, then consider yourself lucky.
Athreya states, in what quite easily could be the most profoundly idiotic statement of 2010, the following:
"I find the comparison between the response of writers to the financial crisis and the silence that followed two cataclysmic events in another sphere of human life telling. These are, of course, the Tsunami in East Asia, and the recent earthquake in Haiti. These two events collectively took the lives of approximately half a million people. Each of these events alone had larger consequences for human well-being than a crisis whose most palpable effect has been to lower unemployment. However, neither of these events was met by a widespread condemnation of seismology, the organized scientific endeavor most closely "responsible" for our understanding of these events."
I'll tell you what, Athreya, if you promise to shut down the Federal Reserve and stop the widespread murder, impoverishment and starvation of millions then I'll do my best to try to end the science of seismology who you deem so obviously culpable in failing to prevent natural seismic events that have been occurring for billions of years.
And just think, if the Federal Reserve were shuttered forever then Athreya would have to actually find a real job worthy of his intellect. We could then look forward to his next literary masterpiece, "Bagging Groceries is Difficult. Don't Let Bloggers Tell You Otherwise."