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Some of it is a little distorted, but much of it is true. I believe we are on the road to decline and collapse. The peculiarity is that the system of denial integrated into the process of decline and collapse will continue to be operative after deterioration and, so, will prevent realization of the reasons for what happened. There will be no learning of lessons necessary to make correction, but only continued denial and rationalization.

IIIITT's AAAAAALLLLLLLLL OOOOOOOVVVVVVER But the Crrrryyying. (To be sung with a country twang).

I believe we are on the road to decline and collapse

We are on the road of a major inflation. It is not the end of America as we know it. It has happened before. Are yall old enough to remembeer jimmy Carter? And he was not the poime offender in that scene. Johnson gave the first nudge to that ball and Nixon got it rolling good. Carter was there when it became obvious and could no longer be redefined away and Jimmy's boys made some spectacularly wrong decisions.

Well, it is happening again. We will have a few frantic years of high inflation- prices are only starting on their upward trip and there is 30% of inflation in the last 18 months that the CPI will come inexorably to reflect. Then san candidate will be elected who understands economics or who knows who does and things will ease back into actual prosperity

So long as the government feels it must intervene econmomically to fix things, anything, the dollar will not be truly stable. The government cannot halt inflation by active measures and bureaucrats and politicians cannot think in long enough time frames to be able to do the right things anyway.

I believe we are on the road to decline and collapse

We are on the road of a major inflation. It is not the end of America as we know it. It has happened before. Are yall old enough to remembeer jimmy Carter? And he was not the poime offender in that scene. Johnson gave the first nudge to that ball and Nixon got it rolling good. Carter was there when it became obvious and could no longer be redefined away and Jimmy's boys made some spectacularly wrong decisions.

Well, it is happening again. We will have a few frantic years of high inflation- prices are only starting on their upward trip and there is 30% of inflation in the last 18 months that the CPI will come inexorably to reflect. Then some candidate will be elected president who understands economics or who knows who does and things will ease back into actual prosperity

So long as the government feels it must intervene econmomically to fix things, anything, the dollar will not be truly stable. The government cannot halt inflation by active measures and bureaucrats and politicians cannot think in long enough time frames to be able to do the right things anyway.