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Stefan Nils Magnus Ingves – creates moral hazard for Sweden!

July 6, 2015

Stefan is the Central Banker for the Swedish Riksbank. He has access to the master money computer for Sweden’s economy. Stockholm is the location of the Riksbank and the central computer desk which manipulates the Swedish economy. Stefan has been creating QE (bit-krona) via his computer (multiple times) to supposedly increase ‘inflation’ within the Swedish economy. His recent digitization of the bit-krona involved some $45 billion of new legal tender added to his System Account. This ‘official’ counterfeiting of the Krona is a corrupt operation (morally) and the practice distorts all Swedish assets and deceives investors…as the bit-krona (which he creates) flows from his central computer screen to select dealers who he favors. This process, called QE, should be viewed as ‘official’ counterfeiting and not as a sound policy for changing an economy. We have witnessed the corruptions which Ben Bernanke created (for Americans) via his QE operations from 2008 to 2014. But Stefan and his key advisor, Lars E.O. Svensson, seem oblivious to the moral hazard which they are creating for Sweden.

Why do these Central Bank manipulators desire ‘inflation’ for the Swedish economy? It all has to do with Swedish debt. Debt is high within the Swedish economy and these manipulators (called policymakers) desire to prevent market forces from doing their job. Creative destruction (a cleansing action) is what should happen within a Capitalistic economy when underlying conditions are out of balance. Deflation is healthy for individual consumers and unsustainable debt needs exposure as unhealthy for the entire economy. This is being delayed with the corrupt policies of Stefan and Lars. These policies are mostly done so as to conceal their consequences to the masses of Swedish citizens. Where is the transparency and where are the official media who could explain these operations to the public and provide understanding for the public?

Are Stefan and Lars aware of what they are doing to our global markets? Probably not! Keynesian medicine is based on money multiplication, debt, credit expansion, and centralized manipulations of data. Computers and Keynesian funny money (QE) can delay the real forces of Capitalism for a time. Central Bankers have resorted to this official counterfeiting of their bit-currencies with increasing freequency since the financial crisis of 2008. It is so easy to type money into the computer screen behind the closed doors of a Central Bank.  The practice, however, is destined to fail as it is morally corrupt as an official policy! Favoring the wealthy few over the general public creates additional distortions and malinvestments over time. This policy also leads to class warfare within the system as the wealthy receive favors (not deserved)!

Today, all our Central Banks can digitize computer bits (within their computer screen accounts) merely with the stroke of a computer key. Legal tender currency units emerge merely by typing numbers into a System Account. This corrupt process of creating money (now bit-money) out-of-nothing (the mind of a special authority) should be exposed for what it really is: OFFICIAL COUNTERFEITING. This type of behavior will not lead to any real progress for the Swedish economy or for other economies which practice this corruption. But the policy advisors continue to delay market forces by computer gimmicks and tricks. The day of reckoning may not be far off!

Ben Bernanke started this corrupt practice when he was Fed Chairman in 2008. He tried QE1, QE2, and QE3 so as to inflate the American economy. It has not worked! Now we witness many other Central Bankers (who meet privately at the Bank for International Settlements to discuss strategies) desiring to advance this corrupt practice for their economy. This practice may delay market forces (from crashing the system) for a time but it will not create stability or real growth! A better mindset would be to reveal this corrupt practice (with official media attention) so our marketplace comprehends what the Central Authorities are doing! Transparency is needed within the dark halls of Central Banking!

Stefan and Lars are barking up a falling tree…longer term! The entire Keynesian economic model is now crumbling and cracking at the seams. All the pump priming and false stimulus is making all our financial problems much worse and setting up all markets for the biggest crash/collapse in history. Watch what happens over in Greece and then watch what China and Russia propose going forward for their economies. All our markets are changing rapidly and computer trading will eventually crash all our markets. Bit-money (now ubiquitous) is imaginary money (funny money)! This type of money is destined for destruction as confidence collapses going forward. The markets will eventually prevail over our Central Bank manipulators. Economic morality will prevail over gimmicks, tricks, and Ponzi strategies. The situation over in Greece should reveal some lessons about the nature of our money system and the mindset of our Central Bankers to manipulate outcomes! Watch and learn! I am: https://kingdomecon.wordpress.com.

P.S. If Stefan can increase his System Account merely by typing in numbers, why not type in 10 – 50 trillion Krona and then purchase all the debt assets of all Swedish citizens? Funny money can be created to extinguish all Swedish debt!

A reset of our entire monetary system will soon be necessary. Reality will prevail as our Bit-money is subjective money and economic values become progressively distorted using this type of funny money. Money needs to be a tangible object and people must perceive that this tangible object contains a lasting ‘value’. Today, we witness funny money created within cyberspace (by our Central Banks) as bits/bytes and circulating as units of one’s imagination. This situation leads to a crash and a total collapse in time. The sytem is also corrupt morally!

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