Jim Willie - Conflicts & Pressure Points

``Since 2008, a queer pathetic phenomenon has shown itself. The broken financial markets and their captains of futility seek constant and regular aid (if not sustenance) from the official offices. The call for more Quantitative Easing with its attendant destructive bond purchases in direct monetization initiative are heard more frequently. No calls for the system to remedy itself through proper pricing and seeking equlibrium due to supply versus demand, during a vast liquidation process. The desperation is evident and thick. Whenever the S&P500 stock index falters too much, the calls are heard louder for more intervention. Heaven forbid the move to proper pricing of assets, or even of the USDollar arbiter. The fund managers, the big investors, even the Wall Street office managers appear in regular pop-up interviews calling for urgent USFed bond monetization, to feed the badly needed liquidity infusions. ''