"If a proposition and its negation can both be derived logically from a premise, it can be concluded that the premise is false." ― Aristotle
"Every philosophical school in the course of its history requires two presiding philosophers. One of them under the influence of the main doctrines of the school should survey experience with some adequacy, but inconsistently. The other philosopher should reduce the doctrines of the school to a rigid consistency; he will thereby effect a reductio ad absurdum. No school of thought has performed its full service to philosophy until these men have appeared." ― Whitehead, 1929
"Seeking what is
true is not seeking what is desirable. ... what is called a reason for
living is also an excellent reason for dying." ― Camus
The end of logic
In futility and desperation, BOJ has announced the government will issue and it will buy INFINITE AMOUNTS of 10 year bonds [aka fiat credit] in an effort to simultaneously stimulate the economy and suppress interest rates ... while the value of the Yen crashes to existential meaningless ... and stagflation haunts the world. When questioned about BOJ's strategy and tactics, Takafumi Yamawaki, head of Japan fixed income research at JPMorgan Securities, said:
"The Bank of Japan has no other choice ..."
What we are seeing is nothing less than the absurd ending of Keynesian logic ... which, as Whitehead prophetically noted just about the time Keynes was proposing it, was experience surveyed with "some adequacy but inconsistently". Now ... nearly 100 years later ... central bankers around the world ... from Draghi's boastful "whatever it takes" to BOJ's act of financial harakiri ... are finally reducing it to absurdity with the rigid consistency only orthodox believers can muster.
The fruit of evil
When "the road ends here" events happen in history, it is never without the irony that always accompanies acts of evil. Surveying her world in 1920, Simone Weil expressed it this way:
"We experience good only by doing it. We experience evil only by refusing to allow ourselves to do it, or, if we do it, by repenting of it. When we do evil we do not know it, because evil flies from the light. ... Does not the evil that we do seem to be something simple and natural which compels us? Is not evil analogous to illusion? When we are the victims of an illusion we do not feel it to be an illusion but a reality. It is the same perhaps with evil. Evil when we are in its power is not felt as evil but as a necessity, or even a duty."
The BOJ is merely doing its "duty" ... the Japanese culture values duty and honor ... we have seen this movie and know its ending.
The lie of violence
But if you prefer not to "judge" BOJ because the Japanese are a sincere and well-intended people like most groups of laboring humans everywhere, perhaps, you will concede that there are other global elites who are not so innocent ... who operate under the totalitarian scheme exposed in Alexandr Solzhenitsyn's Nobel prize speech in 1970:
"Violence finds its only refuge in falsehood, falsehood its only support in violence. Any man who has once acclaimed violence as his METHOD must inexorably choose falsehood as his PRINCIPLE. At its birth violence acts openly and even with pride. But no sooner does it become strong, firmly established, than it senses the rarefaction of the air around it and it cannot continue to exist without descending into a fog of lies, clothing them in sweet talk. It does not always, not necessarily, openly throttle the throat, more often it demands from its subjects only an oath of allegiance to falsehood, only complicity in falsehood."
Does this sound more like the relationship between the global elites and those who do their bidding either by bowing as shameless supplicants, by lusting as adulterous partners or by lending the credulity of dialogue as the loyal opposition?
The liberty of finite nature
The entire basis for justice arises from the finitude of natural resources. If God was the originator of "fiat", He had the power to back it up with natural creation. Central bankers engage in fiat impotence ... they can create nothing real ... they traffic only in evil, illusions, lies and violence. Those who are willing to see this can do so. The sooner we rid ourselves of these destroyers, the sooner mankind can attend to justice again ... according to nature's adequate finitude ... and in submission to nature's justice find liberty from this financial slavery in which we find ourselves:
"THE natural liberty of man is to be free from any superior power on earth, and not to be under the will or legislative authority of man, but to have only the law of nature for his rule.
The liberty of man, in society, is to be under no other legislative power, but that established, by consent, in the commonwealth; nor under the dominion of any will, or restraint of any law, but what that legislative shall enact, according to the trust put in it.
Freedom then is not ... a liberty for every one to do what he lists, to live as he pleases, and not to be tied by any laws: but freedom of men under government is, to have a standing rule to live by, common to every one of that society, and made by the legislative power erected in it; a liberty to follow my own will in all things, where the rule prescribes not; and not to be subject to the inconstant, uncertain, unknown, arbitrary will of another man: as freedom of nature is, to be under no other restraint but the law of nature." Locke, Of Slavery
Further reading
