WHAT AN AMAZING WAY TO GET RID OF THE DEBT...
INFLATION OR MORE ACCURATELY DEVALUATION IS THE TIME HONORED WAY FOR DEBT TO BE "PAID"...AND THIS TIME WILL BE NO EXCEPTION...
DEVALUATION IS ALWAYS AN END GAME STRATEGY FROM WHICH THERE IS NO RETURN...
BUT THAT IS HOW EMPIRES DIE...AND THE TECTONIC PLATES OF HISTORY MOVE...
NO ONE SEES THE HISTORIC BIG PICTURE... ALL ARE TRAPPED IN THE WORLD AS IT IS AND AS THEY EXPERIENCE IT...
DEVALUATION NEVER SOLVES ANYTHING...ITS LIKE MORPHINE FOR A DYING PERSON..
IT JUST NUMBS THE PAIN... SO NATURE CAN TAKE ITS COURSE...AS OLD ELITES DIE NEW ELITES ARE BORN...
SO IS THE FED ACTING LIKE ROOSEVELT IN 1942...WITH STIMULUS PLUS "PROTECTION"...(IN THE FORM OF WORLD WAR...)
OR... LIKE WIEMAR IN 1922...WITH MONEY BEING SUCKED OUT OF THE DOMESTIC ECONOMY... BY FOREIGN LEACHES...AND DEVALUATION RUNNING WILD AS THE ONLY SUPPOSED "CURE"...
THAT IS THE HISTORICAL QUESTION NOW BEING WORKED OUT...
INFLATION OR MORE ACCURATELY DEVALUATION IS THE TIME HONORED WAY FOR DEBT TO BE "PAID"...AND THIS TIME WILL BE NO EXCEPTION...
DEVALUATION IS ALWAYS AN END GAME STRATEGY FROM WHICH THERE IS NO RETURN...
BUT THAT IS HOW EMPIRES DIE...AND THE TECTONIC PLATES OF HISTORY MOVE...
NO ONE SEES THE HISTORIC BIG PICTURE... ALL ARE TRAPPED IN THE WORLD AS IT IS AND AS THEY EXPERIENCE IT...
DEVALUATION NEVER SOLVES ANYTHING...ITS LIKE MORPHINE FOR A DYING PERSON..
IT JUST NUMBS THE PAIN... SO NATURE CAN TAKE ITS COURSE...AS OLD ELITES DIE NEW ELITES ARE BORN...
SO IS THE FED ACTING LIKE ROOSEVELT IN 1942...WITH STIMULUS PLUS "PROTECTION"...(IN THE FORM OF WORLD WAR...)
OR... LIKE WIEMAR IN 1922...WITH MONEY BEING SUCKED OUT OF THE DOMESTIC ECONOMY... BY FOREIGN LEACHES...AND DEVALUATION RUNNING WILD AS THE ONLY SUPPOSED "CURE"...
THAT IS THE HISTORICAL QUESTION NOW BEING WORKED OUT...
