kyrosl, the issue being debated is not whether usa can print or not. on that we are in agreement, that usa can print. and i am in truth counting on usa printing.
the issue is can you and yours and your neighbors print? if not, suggest you save yourself. sincerely.
printing as a solution, especially when doing so to maintain an empire, leads to utter destruction of all classes except the highest and the lowest.
re overseas bases, they are inexpensive in the grand scheme of things. when they are cut, expect hyper inflation, for that is when usa can only print without the buffer of global savings and global printings, and that is when we transition to hyperinflation
the issue with the usa budget is not nearly as much re overseas bases, but domestic wants.
so, again, save yours and yourself, and try to save your neighbors. debt deflation coupled with fiat money inflation is not only corrosive, but toxic, and fatally so.
the experience of monetary zero-state reset shall be quite unpleasant even as it would be purifying |
