[ClearCase_guy]

Make no mistake in this. Bernanke knew this. He flooded 10s of Trillions since 2009. The Russians made the mistake of treating money like it should be logical and arithmetically correct. Bernanke knew it was all whimsical. All he had to do was not talk about it publicly.

From "Margin Call" about the 2008 economic collapse.

[Owen]

Good .gif.

The ugly part of all this is buried. I am a former USAF officer. I think of things military. Don’t care what color hat people wear.

The US Army awarded a contract in 2021 to make 1 million pounds of TNT. It would take an entire year to do that, and the contract allowed the contractor leeway if “there were a scarcity of the chemical materials” needed for Tri Nitro Toluene.

An artillery shell weighs about 95 pounds. So that 1 million pounds of TNT is about 10,500 shells.

That many shells are fired in Ukraine by both sides total in one month.

That big Army contract would provide 1 month of what is apparently now modern warfare. And they were careful to note that 1 million pounds might not be possible in 1 year.

Point being, even if you print all the money you want, it doesn’t solve a problem of scarcity. If there is scarcity, you can’t buy your way out of it.