The Federal Reserve cant win. And again i am sure several public personalities recognize this. I wonder how many public personalities are keeping it a secret. The Debt Death Spiral waits in the wings, biding its time - will it take weeks, months, or several months to kill the financial system with unstoppable inflation? No one has even publicly admitted to its existence. But it is still there, and I personally do not think it can be avoided by rate increases, rate cuts, fiscal austerity (if that were even possible) or anything else. The Daily Doom is soon upon us.
Excellent. And wow does Bill Maher know his history. Dark, but real.
The Federal Reserve cant win. And again i am sure several public personalities recognize this. I wonder how many public personalities are keeping it a secret. The Debt Death Spiral waits in the wings, biding its time - will it take weeks, months, or several months to kill the financial system with unstoppable inflation? No one has even publicly admitted to its existence. But it is still there, and I personally do not think it can be avoided by rate increases, rate cuts, fiscal austerity (if that were even possible) or anything else. The Daily Doom is soon upon us.
Well said. I don't think it can be avoided either. It was baked in long ago.
RIGHT ON!!!!