What if “elites” or whatever term you want to use for people who think they know what is best for the rest of society, rather, than leaving that up to society itself, and have concluded no matter who wins the election, this whole charade of market stability is about ready to collapse upon itself like a house of cards at any time?
And any time is weeks, or months, not years. What would one do? Wait, and try to deal with the fallout in real-time? Or, bring it down of your own volition and have it fall in some type of controlled demolition experiment of one’s choosing?
I think when it comes to “elites” they believe they can control anything if they are the one’s that initiate it. So, I would go with the latter. And if so, what does that look like? Well, consider this….
Let’s say the candidate of choice for the “elites” wins. How could you employ the triggers with near immediacy that would devastate, or wreak the most havoc on an adversary lest dropping real ordinance? Hint: A release via the monetary equivalent by raising interest rates causing a market meltdown, but in-particular, causing a capital outflow of inordinate proportions out of your adversary, seeking refuge in not only the $dollar, but $dollar denominated securities, and more.
That is – while the $dollar is, still remains/considered “safe haven” status. It doesn’t sound all that crazy when put in those terms does it?
During the most assuredly ensuing period of absolute financial turmoil you (once again e.g. Paulson and Bernanke-esque) convince both the congress, as well as the business community that “Radical action is needed now! Or we all go down in flames.” All the while the current president (much like Bush) steps off to the sidelines where the new (much like Obama did) “president-elect” calls for much of the same, echoing the most assuredly chants of fire and brimstone if “Decisive action is implemented immediately!” No matter how radical or unnerving it may be to commonsense at the time.
You could have a scenario where the wind (as little as there would be except for the bloviating of politicians) of capital flight would be in the desired direction of your choosing, along with the ability to once again push through laws, or just allow for further take over, or more intervention by the Fed. or others in ways never dreamed possible before in a capitalistic society.
All the ground work has already been plowed. Both in some precedents, as well as open rhetoric of the possibilities of going where no modern society has gone before with its capital markets. (Think current Fed. communications)
As for your adversaries? You’d be doing this before they had real-time to test newly formed alliances of monetary trading or swaps in crisis mode. And during a crisis? Money seeks known safety first – not speculative. And the U.S. $dollar, along with its equity markets, as perverted as they are, are still the cleanest shirt in a dirty laundry.
The absolute havoc, devastation, financial destruction, and a whole lot more is almost near unconscionable to even contemplate. Yet, what you have to always remember is this: Elites, or those controlling the power, never think about the destruction happening to them. They always think in terms of “It won’t be us who has to live with our decisions. That’s for others to deal with.”
And if there is any doubt you may have to that last thought. Let me remind you of another story you may not have heard about, and the resulting aftermath when “elites” think “good ideas” that the people must live with and beside – not them.