“Let’s crash the global economy ‘as soon as possible’ and blame the Fed” – An examination of globalist propaganda from Stephen S. Roach (Update 1 – The two ways to play “Blame the Fed”)

Christmas is over, so it’s time to bitch-slap yet another globalist mouthpiece…
…Stephen S. Roach

Back in Update 2 of The Globalists are accelerating the rollout of their new financial system, we took note of the “as quickly as possible” propaganda theme that emerged from the last G-20 Summit, and I said, “Let’s keep our eyes peeled for more rhetoric featuring the phrase ‘as soon as possible’ or some variant thereof.” Fast forwarding to this past week, we see it popping up again in a Zerohedge post

The post featured excerpts from this MarketWatch.com article

To get to the core argument of the piece, let’s strip out the word padding and look at the key excerpts…

>>> America’s Federal Reserve is headed down a familiar — and highly dangerous — path. Steeped in denial of its past mistakes, the Fed is pursuing the same incremental approach that helped set the stage for the financial crisis of 2008-2009. The consequences could be similarly catastrophic…

the Fed seems to be telegraphing a protracted journey on the road to policy normalization

following the collapse of the equity bubble of the early 2000s, the Fed delayed policy normalization for an inordinately long period. And when it finally began to raise the benchmark rate, it did so excruciatingly slowly

the Fed’s incrementalism of 2004-2006 was a policy blunder of epic proportions

The Fed seems poised to make a similar — and possibly even more serious — misstep in the current environment. For starters, given ongoing concerns about post-crisis vulnerabilities and deflation risk, today’s Fed seems likely to find any excuse to prolong its incremental normalization, taking a slower pace than it adopted a decade ago. <<<

So what is he saying here? He’s arguing that it’s wrong for the Federal Reserve to raise their interest rate in a slow, incremental way, and he’s proposing the following approach instead…

>>> A new approach is needed. Central banks should normalize crisis-induced policies as soon as possible. Financial markets will, of course, object loudly. <<<

So instead of the Fed doing small increases over time, he’s calling for a sharp, sudden increase…

You don’t need a Ph.D. in voodoo economics to know what such an approach would lead to. The markets would react like all things react when faced with immediate, dramatic change: they’d freak out. He even admits to this when he says, “Financial markets will, of course, object loudly.” And given the already infinitely overblown financial bubbles that are floating about the global economy right now, the resulting crash would be monumental.

So in this article, the aptly-named Roach is laying out the rationale for the upcoming “Fed mistake” that will initiate the global economic train wreck. Given what he’s proposing, the subtitle of his article is quite telling…

“With so much dry kindling, it will not take much to spark the next conflagration”

Roach is essentially telling us why and how to light the match.

So who is Stephen S. Roach?

He is “a senior fellow at Yale University’s Jackson Institute for Global Affairs and a senior lecturer at Yale School of Management. He was formerly chairman of Morgan Stanley Asia and chief economist at Morgan Stanley, the New York-based investment bank…

After earning his Ph.D., Roach was a research fellow at the Brookings Institution in Washington, D.C. Roach served on the research staff of the Federal Reserve Board in Washington, D.C. from 1972 until 1979, supervising the preparation of the official Federal Reserve projections of the U.S. economy.”

So he is a Wall Streeter with ties to the Federal Reserve and the Rockefeller-funded Brookings Institution.

In China’s complicity in building the Rockefeller New World Order, in their own words, I pointed out two others who have ties to the Brookings Institution, Janet Yellen and Kemal Dervis. So if you add in Stephen S. Roach, the Brookings gang is narrating the full transition to the multilateral/multipolar New World Order…

> Stephen S. Roach is laying out the rationale for triggering the final collapse of the old financial system (he is like Larry Silverstein saying “pull it”),

> Janet Yellen is there to pull the lever and cause the train wreck, and

> Kemal Dervis is laying the groundwork for what is to come after the crash: changing the “governance of international institutions” to reflect “the increasing importance of emerging and developing economies.”

So who, then, is Stephen S. Roach? He is a globalist minion who is helping to implement the Rockefeller plan for the BRICS New World Order. And to him, I say this…

I hope the material trinkets are worth it, you little whore.

There is more to write about Roach and his article, so look for updates over the next few days. In the meantime, you might want to have a gander at these two articles on the “Blame the Fed” gambit the globalists are employing:

Mainstream globalist propaganda reveals East/West conflict is a farce

The IMF and the Mainstream Media are following the “Blame the Fed” Script

[Update 1 – 27 December 2014]

The two ways to play “Blame the Fed”

It is worth pointing out that there are two ways the globalist can play “Blame the Fed”…

1) The Fed gives in to calls to “normalize policy as soon as possible,” raises their interest rate “too soon and/or too much,” and takes the blame for the triggering the systemic meltdown that follows.

2) The Fed sticks with the incremental approach, a black swan event triggers a financial system meltdown, and the Fed is blamed because it “encouraged irresponsible asset bubbles by keeping their rate too low for too long.”

If they go the second route, the black swan may have already occurred…
…with the sudden drop in oil prices and the follow-on effects it is bringing.

Either way they play it, the Fed (and other national central banks) will be blamed, and the globalist institutions will look like geniuses because they warned about what might happen. Such an outcome will be used to justify a significant transfer of power from the national central banks to the Globalist Complex.

Love always…