David Wessel of the Wall Street Journal gives us a brief look at the possibilities that may lead to inflation.
To be perfectly honest — this just leaves me with more questions and few answers. 🙂
It Took 22 Years to Get to This Point
Speaking to author and podcaster Dana Parish, former Centers for Disease Control and Prevention...
The United States just made a decision that could lead to World War 3. The current ruling class...
Russia has just announced that conscription in the former Soviet Union is "unnecessary" as...
This article was originally published by Michael Snyder at The Economic Collapse Blog. This...
Commenting Policy:
Some comments on this web site are automatically moderated through our Spam protection systems. Please be patient if your comment isn’t immediately available. We’re not trying to censor you, the system just wants to make sure you’re not a robot posting random spam.
This website thrives because of its community. While we support lively debates and understand that people get excited, frustrated or angry at times, we ask that the conversation remain civil. Racism, to include any religious affiliation, will not be tolerated on this site, including the disparagement of people in the comments section.
I freely admit that I am no expert on the economy…or entitlements…or anything related to this stuff at all…
That being said, what in god’s name is this guy talking about?
OK, I guess running up big deficits COULD in THEORY bring the problem into light such that the federal government realizes that it needs to stop spending money like it grows on trees (and/or can be freely printed without adverse effects)…
…but “…Social Security has been in pretty good shape since then…”
What!?!?Ă‚Â Don’t even the most conservative estimates have Social Security adding several trillion dollars to the national debt over the next decade or so?
If anyone can make any sense of this for me, it would be greatly appreciated.
Rick, great comment. The reason I put this video on here is because it is just plain crazy! And more thank likely, not even David Wessel can make any sense of it!
Mac
Thanks for the sanity check, Mac.
After watching the video, there was a brief moment during which I questioned everything I thought I even remotely understood about the economy…as well as my mental state in general.
I’ve added your page to my daily “current economic conditions” reading list.
Thank you for posting this stuff, and please keep it up.
-Rick