A stock market plunge could be used as a reason not to taper

Tapering is a joke.  At least, that is, if you want the stock market to stay high and interest rates to stay low.  Of course, the stimulus cannot keep these things inflated forever.  As is clearly modeled in this chart from the Bank of England, increasingly large amounts of stimulus will have decreasingly large effects.  In other words, the law of diminishing returns is alive and well for economics as much as it is for a drug addict.  The market, like the addict, begins to develop a sort of immunity.

But the con men are running short on runway with their tapering talk.  Their credibility is at stake and they are already looking like lying fools for having predicted tapering to occur weeks ago but they could not do it.  So the markets got shaken a bit and confidence was reduced.  But confidence has not been lost yet because they are still talking about tapering in the future and some poor idiots out there still believe that this is magickly possible somehow.  I think the degree of belief in the fed's promises is inversely proportional to one's ability or desire to perform simple math.

At this point there is no winning for the fed.  It is painted into the corner, "checkmated" as Harry Dent wrote.  The fed played a valiant and bold bluff gambit because, like lions attacking water buffalo, it has worked so many times in the past.  But this time the market is being patient, sucking up everything that the fed provides while giving no new jobs in return.  In this way, the market has pushed the fed's king into the corner with no way out.  So now the only thing that the fed can try to do is to save face in order to have credibility to run the same con again in the future.  For that they need something that they can blame for invalidating all of their tapering plans.  In fact, they need something that will justify INCREASED market intervention using the magick tool of increased debasement of the currency.  They need some "external event", something that they can claim is unanticipated to point to that justifies their next move in the minds of the panicking patsies.

Maybe this will be the stock market taking another plunge.  Maybe it will be some new false flag terrorist attack.  Who knows what these bastards have up their sleeves.  But it is predictable that they will come up with some way to justify a new QE type program (or likely worse - more invasive to markets, more clearly an assault on the currency than QE ever was).

Right now this all seems like crazy conspiracy talk, right?  Great, save that thought.  Because only by recognizing that other people were able to predict the future with great clarity will you finally realize that they must be on to something that you have missed.  They must be viewing things through a different lens that brings clarity to what is surely a very fuzzy picture for most people.

When this epiphany finally hits you, and it will eventually do so if it has not already happened, here is the secret decoder ring that you need to look to in order to catch up to the rest of us: what you see about you is not real.  It is a confidence game which is purposely being run by con men.  It is organized crime at the highest levels.  It is pure treason, treachery and tyranny.  The underlying mechanism of theft is the use of a Global Debt Ponzi which is being run by the USA for the benefit of the global monied elite.  It is wrapped in a socialist cocoon to feel all warm and fuzzy to the masses but it is a total scam and this scam is getting very, very long in the tooth.   You really can't fool all of the people all of the time and at some point you can't fool any of the people ever.