Why Economists Are Always Wrong

James Corbett — The Corbett Feb 24, 2018


Transcript and MP3….

9 responses to “Why Economists Are Always Wrong”

  1. Modern day economists are a cult of John Maynard Keynes, that government stimulates demand by manipulating interest rates/spending/public works. Sounds good on paper. Sounds good to supremacist Jews. Sounds like the greatest thing since sliced bread for politicians who want to buy votes and not raise taxes. Everyone else reacts trying to preserve their hard earned income.

    Most people have not actually wrapped their mind around the horror called central banking. The evil unleashed is called the Jewish World Order, where every value is sacrificed to the Gods on Earth, the holy Jews of God.

    I can remember my grandmother telling me bread cost 5 cents a loaf. It was 5 cents for her mother, for over a hundred years bread cost exactly the same. When it went to 6 cents everyone was shocked. The moral debauchery of raising the price one cent shocked the people who lived by morals and thrift. What’s the price of chemically laced bread today? 5 bucks a loaf?

    Every college student is indoctrinated into modern economic “theory”. The gold standard theorists are mocked and marginalized, Murray Rothbard, Ayn Rand and the cult of Objectivism laughed at, Ludwig von Mises that old guy infatuated with that barbaric relic. Gold is the great nemesis of the economic manipulators. Central bankers hate gold, and they hate deflation even worse.

    Who was it, von Mises?, who said that once you start to inflate it is like grabbing the tigers tail – you can never let it go. That’s where we are now. Permanent deficits. Endless war. Gargantuan government meddling into everyone’s affairs. Who knew that central banking would lead to the police spy state where everyone is a suspect?

    Central banking is how nations are wrecked. Economists can’t predict because they don’t know how the herd will react to their policies. The Fed has the power to do everything now, including seizing all the contents of your “safe” deposit box in a national emergency, but the one thing they do not control is mass psychology. We have the last say how this ends.

    The public is on to the fraud, I highly recommend going a google image search so you can see how we know what they do:

    “federal reserve meme”

    “federal reserve smoloko”

    “federal reserve yukon jack”

    “federal reserve ben garrison”

    “federal reserve david dees”

    memes rule

  2. Why Economists Are Always Wrong
    Actually.. This is the wrong question ?
    Right question should be ??
    “Why God has created “economists”??
    Answer : Tho make “weather forecaster” look good !

  3. Yukon Jack promotes standard hasbara anti-central banking meme. CENTRAL banks are bad but (Jewish) banking system is great.

    Let me remind you the world of God (Deut 15:6, https://sacred-texts.com/bib/kjv/deu015.htm#006):

    //6 For the LORD thy God blesseth thee, as he promised thee: and thou shalt lend unto many nations, but thou shalt not borrow; and thou shalt reign over many nations, but they shall not reign over thee.//

    Continous increase of prices is a result of USURY, not central banking. Stable economic system based on usury needs constant growth of money supply since there is no money enough in the system to pay debts+usury. Then money supply must grow to keep it going. It must grow expotentially because of compound interest destructive force.

    https://angrywoodchuck.files.wordpress.com/2011/03/national-debt.gif
    https://upload.wikimedia.org/wikipedia/commons/f/f2/An_Alle%2C_Alle%21_Heft_1%2C_1919_b_19.jpg

    In the 19th century there was no inflation with gold-backed currency but ecocomy often suffered from depression which is far more destructive than inflation. Money is controlled by Jews, this is a way for the world conquest for this tribe. And they are busy inventing and promoting ideologies and „sciences” which justify their supremacy in monetary system. Von Mises and von Hayek were active in this field.

  4. Once I wondered whether Corbett had an agenda. Now I know 🙂

    It is not about Keynes – Friedman (or magical „market”) conquest of ideas. Both are Jewish and Keynes is just a perfect example of Judeoanglosaxon aristocracy. Keynes – Friedman (or Mises/Hayek) controversy is perfect example of DIALECTICS.

    Corbett narrative is completely false. Economics is a SOCIAL science. Healthy human beings recognise metaphysical concepts of Good and Evil. Economics must use these concepts and should be aimed to promote social Good.

    Yukon’s objectivism is another name for teachings of learned elders. Typical Jewish satanism. There is no Good, there is no Evil, MONEY rules. Well, MONEY is a basic Jewish god. Karl Marx (https://www.marxists.org/archive/marx/works/1844/jewish-question/):

    ///What is the secular basis of Judaism? Practical need, self-interest. What is the worldly religion of the Jew? Huckstering. What is his worldly God? Money.
    Very well then! Emancipation from huckstering and money, consequently from practical, real Judaism, would be the self-emancipation of our time. (…)
    Money is the jealous god of Israel, in face of which no other god may exist. Money degrades all the gods of man – and turns them into commodities. Money is the universal self-established value of all things. It has, therefore, robbed the whole world – both the world of men and nature – of its specific value. Money is the estranged essence of man’s work and man’s existence, and this alien essence dominates him, and he worships it.///

    Modern economics is simply huckstering is pseudo-scientific form. And Corbett promotes this Jewish obsession. Corbett (over)uses the magical term MARKET. What is „market”. IMHO market is only a group of Jewich oligarchs controlling the flow of commodities and goods. Now it is more complex, we have mass-media which program sheeple, manipulate human consiousness, etc. But market = a group of oligarchs controlling the flow of goods.

    Below a little bit different tradition than rebe von Mises or rebe von Hayek, please find below alternative definition of economics presented by Denis Fahey in his book „Money Manipulation and Social Order” (https://ia801702.us.archive.org/2/items/MoneyManipulation/Money-Manipulation.pdf), page 8.

    ///Economics, then, will study: firstly, the constituent relations of the members of Christ, who compose the family; secondly, the science of the production, distribution and exchange of natural wealth, in view of securing that sufficiency of material goods which is normally indispensable for the virtuous life of members of families;. thirdly, the auxiliary art of the manipulation of money or artificial wealth, which is meant to facilitate families in procuring by exchange the above-mentioned sufficiency.///

    MONEY is very important in economics, this is unversal language of exchange of goods and services. And who creates MONEY? Folks, who creates MONEY? Are they completely separated from each other or is it a homogenous group? Don’t they have any agenda? Why some people can buy Farreri or BWM with 8 cylinders engine and others are starving at the same time?

    Who creates MONEY? This is important question. Rev. Fahey also writes about money creation mechanism. I believe Fahey’s explanations are more appropriate than standard Jewish baloney promoted by Corbett.

  5. Excuse me Patrick, “Yukon Jack promotes standard hasbara anti-central banking meme. CENTRAL banks are bad but (Jewish) banking system is great.”

    What in the hell are you talking about? Central banking is Jewish banking and I am criticizing it as the destruction of nations. That’s what I said.

    I won’t go into the rest of the stuff you said because I will be kicked off this website.

    Have a nice day.

  6. @ Yukon Jack

    My method: ad rem, not ad personam. Would kindly suggest to follow my footsteps.

    ///Central banking is Jewish banking and I am criticizing it as the destruction of nations.///

    What about NON-cental banking? Is it OK?

    Let me quote Jewish god once again (Deut 15:6):
    //For the LORD thy God blesseth thee, as he promised thee: and thou shalt lend unto many nations, but thou shalt not borrow; and thou shalt reign over many nations, but they shall not reign over thee.//

    Probably the world without CENTRAL banks was a paradise, wasn’t it? I will disappoint you. NO, IT WAS NOT. The world without central banks was a s*thole. Capitalism is a disaster. Central banks and centralized credit seemed a solution for many problems over a century ago.

    The problem is not central banking, the problem is usury or generally Jewish banking. Study Deuteronomy 15:6.

  7. @Patrick

    I have no idea where you are coming from, and your attack on me makes no sense at all. Why are you quoting Bible verse, what does that have to do with modern central banking and Keynesian economics? I think it is highly inappropriate to link Bible verse to modern “scientific” banking, because the two are completely unrelated.

    In the view of many Austian school of economics like von Mises, etc., modern central banking is a disaster WORSE than a gold standard. Just because some of the great minds were Jewish doesn’t mean that those ideas were wrong. This website features Jewish writers who are not thinking like most Jews, not all Jews have completely destructive thoughts and policies.

    What I presented are not my ideas, central banking has led to huge debts and permanent war. Most honest people say the US central bank, the Federal Reserve, was the cause of World War 1 and 2, plus the Korean war and Vietnam. False flags are used to launch these wars. Wars are arbitrary, the Jewish central bankers don’t care how many Goyim get killed so long as they can issue more debt and enslave the nation states to their wishes. That is the real legacy of central banking.

    Now the United States Government borrows money at a rate of 2.5 trillion a year. That is a disaster, they can only get away with that spending rate because of disinflation or deflation which keeps their borrowing costs near zero. The yield curve is about 1-3% across the spectrum so they are having a spending party like there is no tomorrow. Greenspan said a couple of weeks ago there was nothing stopping rates from going negative. The spending party might just be getting started. Or interest rates shoot up as investors flee the bond market the biggest depression ever starts.

    Central banking is the ultimate form of usury. The Jews came up with central banking as a way to work over entire nations with usury. You seem to think central banking is neutral and it’s only the Jewish obsession with money as the problem. Creating money out of thin air when a loan is generated, public or private, is the problem. Only the principle is created, not the interest, so under central banking there is never enough money to go around and service the debt.

    As a result of this lack of enough money to pay debt the only way the Fed system can work is if debt is increased, otherwise an auto debt deflation (and recession) will occur. If the Fed doesn’t step in with each recession it will spiral into a economic depression. That’s not me talking, that’s what all the experts on both sides say. Creating the Principle but not the Interest is a recipe for disaster, but that is the model they use.

    Some say we should issue interest free currency but the two Presidents that tried that both were shot dead. Central bankers ain’t taking any shit from their Presidential puppets. So another legacy of central banking is total loss of sovereignty.

    quote: “Continous increase of prices is a result of USURY, not central banking.” That is a false statement, sure the theory and goal of central banking is price stability, but that is not the practical result because politicians love free money and war , and thus there will never be price stability under central banking, that is a pipe dream and you know it. The current gaggle of central bankers crooks say in recent headlines that their goal is 2% annual inflation. That is not price stability, because over a mere 10 years that compounds to a greater rate than 20% loss of purchasing power.

    Through the magic of inflation, every person holding the currency is constantly robbed and thus people soon learn to use debt to protect themselves. This has led to home prices in the stratosphere. No one can afford houses anymore – another legacy of central banking.

    Your ad hominen attack calling me “hasbara” is unjust and uncalled for. I am not a Randian or Objectivist, or a follower of Mises, etc. I just referenced them.

  8. I believe that quoting Holy Bible, Holy Talmud or Protocols may be justified since the world is organized by the people who follow guidelines from these texts.

    Von Mises, von Hayek, Friedman, Keynes were Jewish and they believed they should conquer the world through monetary manipulations. Deuteronomy 15:6.
    //For the LORD thy God blesseth thee, as he promised thee: and thou shalt lend unto many nations, but thou shalt not borrow; and thou shalt reign over many nations, but they shall not reign over thee.//

    In the 18 or 19 century there were also plenty of wars and there was no central banking, or was not so developed except for England, Netherlands, Sweden. Wars ale always provoked and financed by Jewish oligarchs, reptilians 🙂
    The most aggresive state was England, they have always had plenty of money for wars, just like the US today.

    Exodus 15:3
    //The LORD is a man of war: the LORD is his name.//

    Later you talk about Jewsih banking, not central banking. Do you know how Fed is organized? This is just an office of the US banking cartel. Cartel creates money out of thin air for the people and business and Fed, central office of banking cartel, creates money for the federal government. Money is always created out of thin air and charged with usury, by Bank of America or Fed, doesn’t matter.

    Inflation is bad but deflation is far more destructive for economy and society. Study history of 19 century. Central banking was implemented as a cure for deflation.

    More here:
    https://realcurrencies.wordpress.com/2012/01/12/the-inflation-vs-deflation-dialectic/

    I believe that you promote hasbara. Central banking is not a problem. Jewish banking is a problem. Jewish war on humanity is a problem.

  9. Yukon Jack – debt does not matter! Debt to Jewish banksters should be forgiven!

    Deuteronomy 15
    1 At the end of every seven years thou shalt make a release.
    2 And this is the manner of the release: Every creditor that lendeth ought unto his neighbour shall release it; he shall not exact it of his neighbour, or of his brother; because it is called the LORD’s release.