Is this Nobel prize the last lie to keep people calm?
We proudly present the Swedish “Riksbanks” (Swedish federal reserve) prize in economic science in memory of Alfred Nobel the year 2022. The Swedish communist party, oh excuse me the Social Democratic Party started the Swedish school of economics in Stockholm. The funder was the socialistic social engineer Gunnar Myrdal, who together with his spouse Alva Myrdal, made socialism a science.
The Swedish Royal Academy of science is as all other institutions in Sweden an integrated part of the social democratic party. In Sweden all professors are designated by the government. Beside the government decides what professors are needed. All science in Sweden is funded by the government, by tax money. There are hardly any other money circulating in the Swedish economy since the tax system prevents any free private capital. That’s why all newspapers need to be subsidized by tax money as well to survive.
The second largest party after the election 2022 does not get any minister post in the government. The leader of the party does not get an invitation to the Nobel prize celebrations. Howe come? This because the social democratic party has banned the Sweden Democratic party. They have the absolute power of the state public service, the newspapers as well as all other institutions in Sweden. Hence the Nobel committee did not invite Jimmie Åkesson. An astonishing neglection of democracy!
Now the question is why do the social democratic party philandering the USA right now? Is it because their socialistic bank have been loundering money for the Russians? Or is the Swedish economy on the edge of ruin, and they must soon stop paying their national debt? The gigantic Swedish banking system have been active in the Russian and east European market to an to an unlimited extent. The possible losses can’t be carried by the Swedish tax payers. They already pay over 50% of GDP in tax.
All socialistic regimes have had a fondness to constitute prizes for all kind of matters. It is in their propaganda genome.
The social democratic party has been ruling Sweden for almost 100 years. They delivered iron ore to the German Nazi regime during the WW2. They let the German Nazi regime transport troops and equipment on the Swedish railroad to occupy Norway. The Swedish social democratic party bank Swedbank was the Russians private money laundry machine for years.
All socialistic regimes have had a fondness to constitute prizes for all kind of matters. It is in their propaganda genome. Specially to cover things up, to mislead the people with prizes ant titles.
Now why did the social democratic party join NATO? Why does the Swedish social democratic party laureate the American troika with the Nobel prize? The motivation looks rather ridiculous as an excuse to honour the US. Why now? Is the Swedish communist party aiming for help from the CIA to cover up for their pragmatism to be in power whatever it takes?
But the most astonishing statement about what countries can do to avoid bank crises such as start a pandemic. It is true, you can read it by yourself page 7 first chapter!
I have copied the motivation paper into a html page to be easy to read on a smartphone. My comments in red ink. I strongly encourage you read it to get an insight in to the “advanced science of economics”.
You can read the paper with comments in web format here!
The laureate Ben Bernanke wrote a paper during the 80ths about the importance of the banks within the fighting of economical depressions. The cute story about that the banks are intermediates channelling the deposits to long time investments. The cute illustration of the banking system as an economic cycle is infantile. If a bank run can be avoided everything will be fine.
Such a cute illustration!
Opposite from other Nobel prices these laureates have not invented anything. The have eliminated the concept of risk from the banking sector.
I got the feeling that the one who wrote this explanation wants to tell us something between the lines. The terms “printing of money” and “create liquidity” are mentioned to many times without context. Likewise, the statement from Diamond’s article that the banks don’t need to be monitored by the way they are organized appears to be peculiar. But the most astonishing statement about what countries can do to avoid bank crises such as start a pandemic. It is true, you can read it by yourself page 7 first chapter!
There might be someone in the Swedish Royal Academy who is fed up with that the social democratic party decides about the Nobel price laureates. The whole papers breath ridicule and a double message. Perhaps the pragmatic socialistic democratic communist party took it too far this time. I am not sure Ben Bernanke, Douglas Diamond and Philip Dybvig will feel honoured about the prize of this year. What we see now is just the beginning of the Armageddon their policy has creates.
Opposite from other Nobel prices these laureates have not invented anything. The have eliminated the concept of risk from the banking sector. Whatever happens, print more money, keep people calm by telling them sweet little lies. The sciences of con tricks have never been in a better shape!
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When the entire western world looks at the Swedish political system as a role model. Be aware that what you see is not what there is. The first victim within a failing ideology is the truth. Even at the verge of ruin Sweden will look like a good example from outside. The socialistic propaganda machine is efficient and always kept in a good order.
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