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The Incompetence Of The Federal Reserve And Deep State Is Unavoidable
Zero Hedge ^ | 25 March 2014 | Charles Hugh-Smith

Posted on 03/25/2014 9:50:03 AM PDT by Errant

It's not the managers who are incompetent, it's the organization itself that is incompetent.

I received a number of interesting reader responses to my previous entries on the incompetence of the Federal Reserve and the Deep State:

The Federal Reserve: Masters of the Universe or Trapped Incompetents? (March 21, 2014)

Why Is Our Government (and Deep State) So Incompetent? (March 6, 2014)

Some readers thought I was underestimating the power of these institutions to pursue essentially unlimited money-printing and related global strategies.

While I understand the apparent power of unlimited money-printing and global Empire, my point (poorly articulated the first time around) was this:

The incompetence of these organizations is not a reflection of the competence or intelligence of their managers--it is the intrinsic consequence of their limited control of complex systems. If the system has reached the point of being ungovernable, even the most brilliant and experienced managers will fail because it's not the managers who are incompetent, it's the organization itself that is incompetent.

(Excerpt) Read more at zerohedge.com ...


TOPICS: Business/Economy; History; Reference; Society
KEYWORDS: collapse; economy; fed; state

1 posted on 03/25/2014 9:50:03 AM PDT by Errant
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To: Errant

Folks just can’t grasp the fact that the NWO is real and that the Fed is near the heart of the matter....


2 posted on 03/25/2014 9:53:34 AM PDT by Halgr (Once a Marine, always a Marine - Semper Fi)
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To: Errant

I beg to differ, it is not incompetence when the entire monetary system is based on FRAUD. It is just plain EVIL.


3 posted on 03/25/2014 9:55:12 AM PDT by eyeamok
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To: eyeamok
Like maybe The Biggest Scam In The History Of Mankind
4 posted on 03/25/2014 10:05:27 AM PDT by Errant (Surround yourself with intelligent and industrious people who help and support each other.)
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To: Errant

mark for later


5 posted on 03/25/2014 10:15:06 AM PDT by PLMerite
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To: Errant

Well, I guess we’re at the stagnation stage.


6 posted on 03/25/2014 10:18:34 AM PDT by Rich21IE
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To: eyeamok
the entire monetary system is based on FRAUD

Right. Because deposits and loans from those deposits are fraud.

7 posted on 03/25/2014 11:40:37 AM PDT by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: Errant

The idiocy is strong in that video.


8 posted on 03/25/2014 11:46:53 AM PDT by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: Toddsterpatriot

I would suggest “A Case Against The Fed” by Murray Rothbard for an easy to read beginners book on our Monetary System.


9 posted on 03/25/2014 3:44:07 PM PDT by eyeamok
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To: eyeamok

The idea that deposits and loans are fraud makes me laugh.


10 posted on 03/25/2014 3:55:42 PM PDT by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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