Politics for Pros- moderated Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics for Pros- moderated

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

Recommended by:

To: steve harris who wrote (753020)	11/20/2021 2:06:21 PM
From: skinowski	5 Recommendations Read Replies (1) of 793927

I think severe inflation is just a slow form of defaulting — slow enough for the politicians that caused it to find whom to blame and to escape responsibility. That comes at the cost of much suffering. The Israelis learned something from their hyperinflation of the ‘70s - 80’s. They changed away from the socialistic mindset - and more towards entrepreneurship and capitalism (thanks to Netanyahu). The result was that after the dust settled, they entered a long period of success and prosperity. Most countries learn nothing. Argentina is a good example. They blow out their monetary system, like, every few decades.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next