How can dollar debasement policies aimed at inflating away the debt ever succeed when it’s these very policies that induce the massive growth of debt in the first place?[1]
Dollar debasement IS the OFFICIAL game plan. An endless loop of moronic policy with, if you remember the days of DOS, no ctrl+C (halt execution).
Yes, our tippity top people are actually doing this.
Notes
[1] “There’s A Serious Flaw To The Team Powell-Yellen Inflation Scheme.” By M.N. Gordon, ZeroHedge, 3/27/21 (emphasis removed).
2 comments
Short-term?
Use any inflation in your favor to wipe out debt, and build up supplies (on cash in hand terms – ask for the discount for not using credit). Use the lower interest on homes to pay down any mortgage quicker, and pay for a bug-out location.
I made a concerted effort to pay off credit card debt and my mortgage in recent years. It’s a joy not to have that hanging over my head. It still frosts me to have to pay property taxes of $300 a month. Effectively, I don’t own my house but must rent it from the county. Mmmn mnh.