“There will come a time when they won’t be able to print money like it’s growing on trees.”
That time will never come. Remember the Weimar Republic. One man said his father spent 20 years paying up on an insurance fund, with 20 years of hard, decent money, and when he got it, he went and bought a loaf of bread.
Okay.
I used to have my work in a gallery owned by a German
woman and we had many interesting conversations.
She related to me that at the time of the Weimar Republic
she pawned her father’s gold watch and paid off the note
on their house with the inflated proceeds.