America on Cusp of Self-Inflicted Economic Collapse
Staggering national debt equates to about $100,000 of debt for every American
Staggering national debt equates to about $100,000 of debt for every American
Mainstream narrative not based on reality
This virus could become a “permanent crisis”, and without a doubt the elite are already trying to use it to fundamentally reshape our society.
“Businesses were supposed to use it to retain workers”
Specter of defaults, bankruptcies lingers amid skyrocketing corporate debt
If fear of COVID-19 can cause this much chaos for our food distribution systems, what will happen once a much more severe crisis hits us?
Money printing, government spending, happening on a much grander scale
There’s now no difference between monetary policy and other government programs designed to prop up firms, industries, and other favored groups. The Fed is simply another government planning agency.
As the past several months have demonstrated, if you wait until everyone realizes that a full-blown crisis is happening, it may be too late to get what you need.
Leaving aside the fact there’s no evidence lockdowns actually work, we can nonetheless look to past pandemics
The Fed and other central banks are entering into a huge money-printing experiment in hopes of keeping the government-spending machine going at full speed forever. The unintended consequences will be highly destructive.
Price inflation is so difficult to predict because there are so many moving parts: money supply, demand, money velocity, and supply of goods and services.
BofA chief asks why anyone would expect stocks to trade rationally
What we have experienced so far is just the beginning…
Prices determined in the marketplace are absolutely essential to a functioning economic system. This is no less true if today’s property was redistributed unjustly in the past. Market prices today are the path to recovery