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To: Zhang Fei
It’s not over, because we’ll grow and inflate our way out of it.

That sounds like the strategy of Bernie Madoff. It works great.... until it doesn't anymore. And then things start happening very fast.

30 posted on 04/08/2022 8:32:36 AM PDT by Wissa (The winds and waves are always on the side of the ablest navigators.)
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To: Wissa

[That sounds like the strategy of Bernie Madoff. It works great.... until it doesn’t anymore. And then things start happening very fast. ]


It’s been happening since the founding of the Republic. If economic growth and inflation as a way of dealing with fiscal debt has stopped working, someone forgot to tell the capital markets.

What’s your forecast? Zimbabwe? Mad Max? Cannibalism? How long will this take?


31 posted on 04/08/2022 8:36:44 AM PDT by Zhang Fei (My dad had a Delta 88. That was a car. It was like driving your living room.)
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