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The New Math: Fed + Treasury = Stabilization and Punishment

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Brock Novak
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"Commulism Series" - Part 6 (dated Feb. 5, 2008): 

http://www.opednews.com/articles/opedne_brock_no_080205__22commulism_series_22__.htm  Specific

Excerpt:

“This effort will require rethinking and new ways of conducting business by all parties. It will be based on an understanding that the way to succeed against Commulist economic policies is to focus on the collective inflation and growth aspects/effects of the “group” (U.S. and WEAST collectively), rather than country by country’s “individual” situation. This is based on the principle that when it comes to competing with Commulism “in the long run”, what’s good for the whole is better for the individual parts (countries). 

A quick comment specifically as respects the U.S. contribution to CCMP (Counter-Commulism Monetary Policy). The longstanding separation between “church and state” (i.e. the Fed and Treasury) no longer makes sense. They must each change behavior and work collaboratively together against a common external threat which undermines both growth and inflation. This broader CCMP blueprint will adapt and align the policies of all U.S. agencies as well as it would do the same for WEAST government agencies, using China and the “Commulist” Block as the new threat basis, just as the military will do with its “to be developed” Flex-Plex integrated Cold War II doctrine, reflecting both superpower v superpower and superpower v terror sub-doctrines.”  

Of note too, that Fed/Treasury collaboration recommendation was then subsequently officially embraced by the Treasury, evidence the March 29, 2008 New York Times article titled "Treasury Plan Would Give Fed Wide New Powers". 

Specific excerpt: 

“Treasury Secretary Paulson is proposing to overhaul the government’s fragmented system for regulating financial institutions. The long term plan…would establish 3 agencies with separate objectives: 

Market Stability Regulator (one of three): 

Expands the role of the Federal Reserve to allow it to gather information and examine books of any financial institution, not just banks, that might pose a risk to the stability of the nation’s financial markets.” 

Analyst Note: While not specifically stated in the article, it is clear these new agencies would work closely with and fall either directly or indirectly under the Treasury’s department oversight umbrella. 

Then too the Analyst's proposal for a broader Advanced Monetary Policy (AMP) or rather Counter-Commulism Monetary Policy (CCMP) by the U.S. and WEAST (U.S. West and EAST allies) evidence too in the same "Commulism Series” - Part 6 (dated Feb. 5, 2008) article linked above:   

Excerpt as follows: 

“Create a joint and integrated (collusionary) U.S./WEAST “Advanced Monetary Policy (AMP)”. Alternatively call it the “Counter-Commulism Monetary Policy (CCMP)”.  

The key here is that in the emerging Cold War II, the U.S. and WEAST will have much more defensive (and offensive) leverage working collectively in tandem together, rather than each acting on their own. Commulism would prefer the latter in sympathy with the benefits it derives from its adversarial “divide and conquer” approach. 

CCMP/AMP Policy Making Board - The mechanism to create that coordinated, actionable monetary policy will be a policy making committee structured not unlike the UN Security Council with the CCMP governing board initially comprising senior policy making officials from the Big 3 - Federal Reserve, European Central Bank (ECB) and the Japanese Central Bank. Then build out the rest of the committee (council) infrastructure with remaining WEAST constituents. 

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The cleverest of all, is the man who calls himself a fool at least once a month - Fyodor Dostoyevsky It is a curious fact that people are never so trivial as when they take themselves seriously...Some cause happiness wherever (more...)
 

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