I didn't. It's just a logical conclusion from many years of being involved in the financial industry, along with the following facts:
Could you explain, to a complete dolt, the difference between monetary collapse and gov. printed "faux" money? If the government is printing more money at the same time the currency is collapsing, in value I assume, then inflation, not deflation should result.
But you say we're in a deflationary spiral, which I would assume means prices decreasing, which would shore up the purchasing power of the dollar. (Or have I got the Corse before the hart? )
I know I'm missing something, and would appreciate some help.
Thanks,
Tom
It they can’t steal it from the existing trust funds anymore, and tax revenue is dropping like a rock, then where are they going to find it? They can’t sell enough Treasury securities to make up the difference - especially since those Treasury securities are being used to offset the tremendous credit collapse that is occurring throughout our country and the developed world.
The governments only option is to inflate the currency. They will not be able to pay for the spending through tax increaes. Just isn’t enough money out there to take from producers in the economy. Inflation is coming and is really the only solution(sadly).