• Fed Will Hold Rates Until July. Evidently the Voodoo Dolls or the Juju woman told the Federal Reserve officials to hold off on sticking pins in the economy until July of 2024, so they will hold the interest rate steady until their real bosses on Wall Street tell them something different. Of course, if they let the market set the interest rates for existing savings and the discount for future savings along with implementing the Economic Democracy Act, they wouldn’t have to worry about placating the demons of their phony economic religion, but that doesn’t seem to cross their minds.
• Japan’s Economy Shrinking at Slower Pace. Evidently Japan is going down the tubes at a slower rate than expected due to some private sector capital investment. Unfortunately, a shrinking economy is not a good place to invest your past or future savings, as the demand for capital is derived from consumer demand, as Harold Moulton demonstrated in his 1935 classic The Formation of Capital. If Japan wants to get out of the economic doldrums, their powers-that-be should encourage people to spend existing savings on consumption and finance new capital formation with future savings to meet the new demand. Otherwise, they’re just wasting money. This is one of the features of the Economic Democracy Act.
• “Silent Recession”? According to the experts, we’re in a “silent recession,” meaning the economy is doing great, but actual people think times are hard. Translation: the rich are doing great as their wealth is piling up at an increasing rate, while ordinary people are getting poorer at an accelerating rate. All this could be corrected if the U.S. would adopt the Economic Democracy Act, which would restore Say’s Law of Markets so that everyone could be productive and people who produce would also generate income in equal amounts and everyone participate in prosperity.
• Yellen Says “Nanner, Nanner, Boo, Boo” to Economists. Janet Yellen is crowing in victory after the manipulated statistics about employment were released and they didn’t show high unemployment after being adjusted. Of course, other economists were saying there is nothing to worry about. Since nobody knows what’s going on anyway, why don’t they adopt the Economic Democracy Act which would allow people to figure out what is going on economically without any hocus pocus?
• “Robert Kiyosaki Say’s Dollar is Trash. According to Robert Kiyosaki, who has made himself popular by telling people what they don’t want to hear, at least if you’re a politician or Wall Street gambler, printing money causes problems and doesn’t solve them. Naturally, everyone is hurrying to say how wrong he is, but that isn’t going to change the facts. Frankly, the only thing that’s going to work is to adopt the Economic Democracy Act, which would return economic life to reality and stop all the Keynesian games being played.
• Greater Reset “Book Trailers”. We have produced two ninety-second “Book Trailers” for distribution (by whoever wants to distribute them), essentially minute and a half commercials for The Greater Reset. There are two versions of the videos, one for “general audiences” and the other for “Catholic audiences”. Take your pick.
• The Greater Reset. CESJ’s new book by members of CESJ’s core group, The Greater Reset: Reclaiming Personal Sovereignty Under Natural Law is, of course, available from the publisher, TAN Books, an imprint of Saint Benedict Press, and has already gotten a top review on that website. It can also be obtained from Barnes and Noble, as well as Amazon, or by special order from your local “bricks and mortar” bookstore. The Greater Reset is the only book of which we’re aware on “the Great Reset” that presents an alternative instead of simply warning of the dangers inherent in a proposal that is contrary to natural law. It describes reality, rather than a Keynesian fantasy world. Please note that The Greater Reset is NOT a CESJ publication as such, and enquiries about quantity discounts and wholesale orders for resale must be sent to the publisher, Saint Benedict Press, NOT to CESJ.
• Economic Personalism Landing Page. A landing page for CESJ’s latest publication, Economic Personalism: Property, Power and Justice for Every Person, has been created and can be accessed by clicking on this link. Everyone is encouraged to visit the page and send the link out to their networks.
• Economic Personalism. When you purchase a copy of Economic Personalism: Property, Power and Justice for Every Person, be sure you post a review after you’ve read it. It is available on both Amazon and Barnes and Noble at the cover price of $10 per copy. You can also download the free copy in .pdf available from the CESJ website. If you’d like to order in bulk (i.e., ten or more copies) at the wholesale price, send an email to publications@cesj.org for details. CESJ members get a $2 rebate per copy on submission of proof of purchase. Wholesale case lots of 52 copies are available at $350, plus shipping (whole case lots ONLY). Prices are in U.S. dollars.
• Sensus Fidelium Videos, Update. CESJ’s series of videos for Sensus Fidelium are doing very well, with over 155,000 total views. The latest Sensus Fidelium video is “The Five Levers of Change.” The video is part of the series on the book, Economic Personalism. The latest completed series on “the Great Reset” can be found on the “Playlist” for the series. The previous series of sixteen videos on socialism is available by clicking on the link: “Socialism, Modernism, and the New Age,” along with some book reviews and other selected topics. For “interfaith” presentations to a Catholic audience they’ve proved to be popular, edging up to 150,000 views to date. They aren’t really “Just Third Way videos,” but they do incorporate a Just Third Way perspective. You can access the playlist for the entire series. The point of the videos is to explain how socialism and socialist assumptions got such a stranglehold on the understanding of the role of the State and thus the interpretation of Catholic social teaching, and even the way non-Catholics and even non-Christians understand the roles of Church, State, and Family, and the human persons place in society.
Those are the happenings for this week, at least those that we know about. If you have an accomplishment that you think should be listed, send us a note about it at mgreaney [at] cesj [dot] org, and well see that it gets into the next “issue.” Due to imprudent and intemperate language on the part of some commentators, we removed temptation and disabled comments.
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