{"id":246950,"date":"2016-05-31T13:45:09","date_gmt":"2016-05-31T13:45:09","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/?p=246950"},"modified":"2016-05-31T13:45:09","modified_gmt":"2016-05-31T13:45:09","slug":"the-five-stages-of-central-bankers-failure","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/latest-news\/the-five-stages-of-central-bankers-failure\/","title":{"rendered":"The Five Stages of Central Bankers\u2019 Failure"},"content":{"rendered":"<p><strong>Central bankers must accept the complete and utter failure of their policies if we are to move forward.<\/strong><\/p>\n<p>Central bankers are now in the denial and anger stages of Kubler-Ross\u2019s famed stages of loss: denial, anger, bargaining, depression and acceptance. Central bankers are in denial that all their trillions of dollars, euros, yen and yuan have completely and utterly failed to achieve the desired result: \u201corganic\u201d (i.e. unmanipulated by central states\/banks) expansion of productivity, investment and household earnings.<\/p>\n<p>Central bankers not only continue to insist their free money for financiers will eventually \u201ctrickle down\u201d to the masses\u2013they\u2019re angry that the masses aren\u2019t buying it. Central bankers are now blaming the masses for maintaining a perverse psychological state of disbelief in the omnipotence of central banks and their policies.<\/p>\n<p>Central bankers are raging at the psychology of hesitant households, which they finger as the cause of global weakness: if only people believed everything was great, they\u2019d borrow and blow tons of money, and the ship would leave port with a full head of steam.<\/p>\n<p>The central bankers have spent seven years constructing \u201csignals\u201d that are supposed to create a psychological state of euphoria that leads to more borrowing and spending. The stock market is at all-time highs\u2013don\u2019t those stupid masses get it? That\u2019s the \u201csignal\u201d that all\u2019s well and they should get out there and borrow more money to enrich the banks!<\/p>\n<p>Read more: <em><a href=\"http:\/\/davidstockmanscontracorner.com\/the-five-stages-of-central-bankers-failure\/\" target=\"_blank\">The Five Stages of Central Bankers\u2019 Failure<br \/>\n<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Central bankers must accept the complete and utter failure of their policies if we are to move forward. Central bankers are now in the denial and anger stages of Kubler-Ross\u2019s famed stages of loss: denial, anger, bargaining, depression and acceptance. Central bankers are in denial that all their trillions of dollars, euros, yen and yuan [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":135064,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[487,52,18],"tags":[],"class_list":{"0":"post-246950","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-breaking-news","8":"category-money","9":"category-latest-news"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/246950","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=246950"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/246950\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media\/135064"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=246950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=246950"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=246950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}