Blowin' Smoke Signals Up Your Butt

The best part is when this system is called anything but Capitalism. As if definitions are static in this dynamic world, or that anything bad is evidence of a lacking of the main driver of the last six hundred semi-odd years. As if the Dutch’s Tulip Mania is fundamentally any different from today minus the computers to perform High-frequency transactions. This is when the capital becomes divorced from reality. The aforementioned “discount window” the Fed is encouraging more use of is the closest the Broken Window Theory has come to fruition. When established rules are flouted and the egregious violators get a “not bailout” in the case of SVB and the Trans-Parent hand squeezing the juice out is cramping from dehydration. Indefinite “not QE” quantitative easing is a bold strategy, Cotton. We’ll have to see if it pays off, Pepper. Time for some dodgeball! Maybe some hot potato, possibly even some musical chairs. And at least one more rug pull.