The “Ineptocracy” is running the show…alive and well

As JPM’s massive money amplification schemes unwind and reveal its absolute insolvency…I am reminded that we operate in an “Ineptocracy.” A system where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves or succeed are rewarded with goods and services paid for by the confiscated wealth of a diminishing number of producers.