Don’t get me wrong. I think it is great, but it is deflationary, which is poison to our seriously indebted gov. They need inflation to keep debt from getting out of control. Deflation is, to the gov, what getting a cut in pay is to you or me. An if you’re already barely treading water...
> Don’t get me wrong. I think it is great, but it is deflationary, which is poison to our seriously indebted gov. They need inflation to keep debt from getting out of control. Deflation is, to the gov, what getting a cut in pay is to you or me. An if you’re already barely treading water...
I think many of us are treading water with a shark fin headed our way