Quote:
|
Originally Posted by Nich
I don't know how a million dollars a second in credit and liquidity doesn't end in hyperinflation and a jump to a new monetary system as the old system is flown into the side of a mountain.
|
I've been trying to figure out how all the money printing wont lead to inflation. No ones talking about it and its assumed that it wont happen because it all worked out just fine in the GFC. I have seen people suggesting issuing 50 year bonds, talk about kicking the can down the road.
If the dollar does blow up and the American empire with it, I'm not so sure that it will work out the way you are talking. It will be replaced by something else.
....or perhaps you are right, they already have UBI.