I have been saying that signaling channel is a policy tool used by central banks to manage the public’s ‘inflation expectations’ or price levels of exchange rates. This tool seems to be prominently used since the post Lehman collapse.
I have associated the repeated assaults on the commodity markets as part of this tactical move to project subdued inflation in order to justify more inflationism.
And managing the market’s mindset seems to be on a slippery slope that will perhaps entail escalating information control or censorship on the web.
The Economic Collapse Blog writes,
The Federal Reserve wants to know what you are saying about it. In fact, the Federal Reserve has announced plans to identify "key bloggers" and to monitor "billions of conversations" about the Fed on Facebook, Twitter, forums and blogs. This is yet another sign that the alternative media is having a dramatic impact. As first reported on Zero Hedge, the Federal Reserve Bank of New York has issued a "Request for Proposal" to suppliers who may be interested in participating in the development of a "Sentiment Analysis And Social Media Monitoring Solution". In other words, the Federal Reserve wants to develop a highly sophisticated system that will gather everything that you and I say about the Federal Reserve on the Internet and that will analyze what our feelings about the Fed are. Obviously, any "positive" feelings about the Fed would not be a problem. What they really want to do is to gather information on everyone that views the Federal Reserve negatively. It is unclear how they plan to use this information once they have it, but considering how many alternative media sources have been shut down lately, this is obviously a very troubling sign.
You can read this "Request for Proposal" right here.
Read more here.
Monetary central planners think that they can repeal the laws of economics by applying Orwellian approach in communications management.
More signs of an increasingly desperate US Federal Reserve.
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