If you thought the real-estate bubble bust decade ago was big, this money printing bust will make that one look like Sunday school picnic.
Are there any examples of countries who created long term prosperity with excess money printing made necessary due to excessive budget deficits?
Weimar tried it, Zimbabwe tried it, Argentina tried it, so where is their long term prosperity?
“Are there any examples of countries who created long term prosperity with excess money printing made necessary due to excessive budget deficits?”
I’ll give you two of the biggest success stories.
1) The British Empire
2) The American Empire
We clear debt and pay our bills. While adding new debt for future prosperity.
Never forget debt keeps people working and productive.