The Fed's Exploding Balance Sheet: What It Means and Reviving the Revolution  

Preventing economic collapse and maintaining the bank lending to the public are 
not the central goals of those who understand these matters. These are 
important to the knowledgeable authorities only insofar as they support the 
goal of maintaining the existing power structure. There are, of course, 
ignorant economists who think that without government intervention, the 
economic and financial system cannot survive and we will all be wandering 
around in bearskins with spears. However, if the financial and economic system 
were to collapse and if the government and Fed did not interfere, a free market 
revival would occur with amazing rapidity. After all, the people, the labor, 
the land, and the capital goods are still here, not bombed out. If Tokyo, 
Hiroshima, Nagasaki, Berlin, and Dresden could rapidly recover after World War 
II, so can a freed-up U.S. economy. From this perspective, keeping the economy 
going is not per se what is important to those in power, because the economy 
will always keep itself going without these authorities and do a better job of 
it at that without them. What is important to them is keeping the existing 
economy going in that it is tied in to the existing power structure. 

more here:
http://www.lewrockwell.com/rozeff/rozeff243.html



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