Anti Semites and other lunatics love spreading the canard that Jews control everything and run the world like a puppet show. This is obviously stupid, but it does, like all lies, have a smidgen of truth in it. (See Rashi on Joseph’s dreams.)
We don’t intend to, but the world always divides on Jewish schisms. Like the claim that Israel causes all the world’s wars, it sort of does inspire them if not intentionally. There’s nothing we can do about the fact that we are the core of Western Civilization other than to accept it and assume the role in order to lead the world, finally, to peace. Until we accept the role that the anti Semites insist that we have, the world will continue to be at war.
The most obvious example right now is Iran’s intention to destroy Israel, and the fact that America is now threatening to enter the scene and start yet another war. We, the Jews, didn’t want anything to do with this, but once again, we are forced to take center stage. That is our role after all.
But this post was initially going to be about the economy and economic philosophy. So here it is. The two schools at war now are the Keynesians and the Austrians. Besides Keynes himself, virtually everyone else in this war is Jewish.
On one hand, you have Paul Krugman, Alan Greenspan, and Ben Bernanke, all Jews. They like the idea of price stability, because they think price stability is essential to keeping an economy stable. So when prices go down, they buy bonds and print money so the prices go back up. And when prices go too high, they sell bonds and suck up money so they go back down when they should be higher.
The opposite of course is true. Price stability only destabilizes an economy. As supply and demand changes, prices MUST change. Otherwise, malinvestment occurs when people buy things that aren’t worth what the real market price should be and vice versa. This gives you booms and busts.
On the other side of this war are Ludwig Von Mises, F.A. Hayek, Peter Schiff, and Murray Rothbard. All Jews. They think we shouldn’t do anything to fix prices. As Mises puts it in his book “The Theory of Money and Credit”: (Page 102 in the Liberty Fund edition for those interested)
The loss of a consumption good or production good results in a loss of human satisfaction; it makes mankind poorer. The gain of such a good results in an improvement of the human economic position; it makes mankind richer. The same cannot be said of the loss or gain of money. Both changes in the available quantity of production goods or consumption goods and changes in the available quantity of money involve changes in values; but whereas the changes in the value of the production goods and consumption goods do not mitigate the loss or reduce the gain of satisfaction resulting from the changes in their quantity, the changes in the value of money (prices) are accommodated in such a way to the demand for it that, despite increases or decreases in its quantity, the economic position of mankind remains the same. An increase in the quantity of money can no more increase the welfare of the members of a community, than a diminution of it can decrease their welfare.
Ludwig Von Mises. A Jew.
And as the Keynesian Jews and the Austrian Jews duke it out, the global economy hangs in the balance. Consider me one more Jew on the Austrian side of the equation.
The Jews control the economic world…as always.