ULTIMATELY, BERNANKE HAS TO EXPLAIN HOW AN ECONOMY THAT DOES NOT MANUFACTURE THINGS IS VIABLE...
BECAUSE THE FED'S "BELOVED" ASSET INFLATION IS STILL INFLATION...AND NOW IT'S SPILLNG INTO THE COMMODITIES MARKET....
ESSENTIALLY, THE FED SHOULD BE ASKED ABOUT THE LONG TERM CONSEQUENCES OF AMERICAN "DE-INDUSTRIALIZATION"...
THIS IS NEVER MENTIONED IN PUBLIC...BUT IT'S THE ELEPHANT IN THE ROOM AND EVERYONE KNOWS IT...
THE REAL QUESTION IS QUITE SIMPLY: CAN AMERICA SURVIVE WITHOUT FACTORIES?
SHOW ME IN DETAIL HOW THAT IS POSSIBLE...AND I'LL SHUT THE FUCK UP!!
THE PROBLEM IS THIS QUESTION IS NEVER REALLY ADDRESSED... IT'S AVOIDED OR CONFUSED WITH OTHER ISSUES THAT DISTRACT OR DIVERT THE QUESTION...
IT'S ALMOST LIKE A WM F. BUCKLEY KIND OF ANSWER THAT YOU SEE CONSTANTLY AT CONGRESSIONAL HEARING, ETC...
BUCKLEY WAS FAMOUS FOR "CHANGING THE SUBJECT" OR "REVERTING TO MANTRA" WHEN PUSHED INTO A CORNER WHILE DEFENDING HIS BRAND OF "CONSERVATIVE" BULLSHIT...
SO AGAIN....I SIMPLY WANT TO KNOW:
CAN AMERICA SURVIVE WITHOUT FACTORIES...?
TELL ME? AND TELL ME IN DETAIL HOW IT WILL FEEL TO AMERICANS LIVING IN THE NEW DE-INDUSTRIALIZED AMERICA... DON'T GET ME WRONG...I LOVE THOSE CHEAP CHINESE SHOES, ETC ....
CHEAP "SLAVE" LABOR IS A WONDERFUL THING...ESPECIALLY WHEN YOU'RE ON THE RECIEVING END OF THE SLAVE LABOR PRODUCTION LINE...!
BUT CHINA IS GETTING RICHER AND AMERICA IS GETTING POORER... AND I WANT TO KNOW IF THAT'S "ALL GOOD?"
AND WHY IT'S ALL GOOD...IN THE LONG RUN?
