until the existing deficit is dealt with.
We will inflate it out. Only way that is open to go. We should produce our way out, but our Pols won't get rid of the Regs and the Unions.
Yes, it's either that, or war. Robbery vs. destruction. All debts get paid - either by the debtor, or the lender.
Some [undetermined] time down the road, could be months, or years, we will become convinced that prices are clearly going up. That's a nasty feeling. Read that this is what happened in Germany in the early 1920's - their "leaders" tried to create "some" inflation, for years, and nothing happened. They became frustrated, and stopped printing. And, some months later, suddenly it "worked" - except, it never stopped until the money was worth nothing.
In the social and financial engineering circus, politicians are the clowns - they have zero clue how to control large wild creatures. |
