What QE Proved——-That Central Bankers Are The Frauds They Always Were

Friday, June 3, 2016
By Paul Martin

by Jeffrey P. Snider
DavidStockmansContraCorner.com
June 3, 2016

Some legitimate scientists are legitimately worried about the spread of information. The lack of boundaries afforded by an open internet has left the world awash in it, and with no shortage of opinion. This is a good thing. However, there is a downside in that unfiltered and unrefined information as it can be used to mislead both the person wielding it and those that choose to be swayed by it.

There is certainly an immense amount of noise on the internet, and it is the job of any scientist in any field to be a trained engine of filtering. Science itself achieved a level of reverence, however, that isn’t wholly healthy. It has become a barrier which is exposed the more it becomes closed off. Thus, the information available in the internet age can be a check upon the immutable fact that scientists, while deserving respect, are still human and thus should be comfortable with some level of public skepticism.

Some accept this proposition more so than others:

What does the evolving frontier of knowledge mean for society’s relationship with science? Long borders are difficult to patrol. Professional gatekeepers of scientific knowledge can no longer control the flow of information as they used to. In an age of the “University of Google,” people no longer rely on established, peer-reviewed literature but rather seek out manifold sources on the Internet. Fragments of scientific knowledge get absorbed into society this way, as do some scientific values and thinking—which by itself is good. But many of these fragmented bits of knowledge are also invalidated, politicized, and of dubious quality.

The Rest…HERE

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