SI
SI
discoversearch

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 : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (129917)1/14/2013 6:50:49 AM
From: RetiredNow  Read Replies (2) | Respond to of 149317
 
What you don't have a sense of is long term history. What is happening now is an end game from decades of abuse. So most economists in this country don't believe it can happen here. They are wrong. Math happens everywhere and it's inescapable. Notice the inflection point below? 1971...End of the Bretton Woods agreement. The one thing you can count on with 100% certainty is the infallible human desire for free shit. If they can't tax their way to free shit, they'll print money to get it. This is how you get inflation curves like the below. I guarantee you this will not end well.