I love reading conspiracy theories and find some of them are very compelling. However, saying the illluminati or whatever could orchestrate all the malinvestment and secondary and accidental effects of the subprime mess is 100% ridiculous.
Now i do agree that the cause or root of this whole mess and every other boom and bust is the FED. So you could apply a conspiracy theory here, but not to lay claim to specific market actions as we all know you can't predict or model human behavior since we're all irrational and sometimes crazy.
If i was an illuminati i would for sure keep this boom/bust cycle going with the fed because it's the easiest way to steal from the peasentry. Inflation can be considered a tax or better yet real wealth destruction. So artificially manipulating credit inflation allows me to loan money i pull out of thin air to the gov. on the way up and then buy good hard assets for pennies on the dollar during the bust/deflationary period after the boom. Simple and easy. The details of each boom and bust don't concern me as human beings will never change and the end result is always the same.
Now i do agree that the cause or root of this whole mess and every other boom and bust is the FED. So you could apply a conspiracy theory here, but not to lay claim to specific market actions as we all know you can't predict or model human behavior since we're all irrational and sometimes crazy.
If i was an illuminati i would for sure keep this boom/bust cycle going with the fed because it's the easiest way to steal from the peasentry. Inflation can be considered a tax or better yet real wealth destruction. So artificially manipulating credit inflation allows me to loan money i pull out of thin air to the gov. on the way up and then buy good hard assets for pennies on the dollar during the bust/deflationary period after the boom. Simple and easy. The details of each boom and bust don't concern me as human beings will never change and the end result is always the same.
