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Zirp, Nirp, now soon to be Hirp????
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John Burns
Posted 2/25/2016 10:12 (#5136404)
Subject: Zirp, Nirp, now soon to be Hirp????



Pittsburg, Kansas
http://www.telegraph.co.uk/business/2016/02/22/get-ready-to-be-show...

Is helicopter money next?

The wealthy only stay wealthy if their assets remain priced high. A Ponzi Scheme requires a regular supply of new investors to pay off the old original investors. We will need to debase the money a lot more to increase the supply enough to keep the debts from defaulting. If things start to mass default, even the wealthy if all their wealth in in paper wealth, crash and burn.

Mo money, mo money, mo money. We need mo money. Make us rich by printing mo money central bank!

Or not.

John

Edited by John Burns 2/25/2016 10:13
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