Exactly JJC, and what was fixed? Any country slash pensions, raise retirement ages, cut back gov’t work force, entitlement programs, benefits etc etc etc? NO! All that happened is they handed an inebriated alcoholic a debit card with $10 on it. BRILLIANT !!
I do recall that event. Things looked just SOOOOPER for like what? Two days? Several billion bought two days worth of euphoria. Gee, what a terrific investment.
Meanwhile M1 is spiking upwards, but never mind the inflation, ‘cus according to the BLS it is running 3-4 percent.
Yeah, sure.
I wonder how long until we see 25% inflation? 12 months? 18 months?
Exactly JJC, and what was fixed? Any country slash pensions, raise retirement ages, cut back gov’t work force, entitlement programs, benefits etc etc etc? NO! All that happened is they handed an inebriated alcoholic a debit card with $10 on it. BRILLIANT !!
Excellent point.
I do recall that event. Things looked just SOOOOPER for like what? Two days? Several billion bought two days worth of euphoria. Gee, what a terrific investment.
Meanwhile M1 is spiking upwards, but never mind the inflation, ‘cus according to the BLS it is running 3-4 percent.
Yeah, sure.
I wonder how long until we see 25% inflation? 12 months? 18 months?
Be well.