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The Feds are in a corner.
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Posted 10/14/2021 08:21 (#9268217 - in reply to #9268143)
Subject: RE: The Feds are in a corner.

Sioux County, NWIA
Beef1007 - 10/14/2021 07:32

Inflation is a snowball rolling down a mountain, growing as it proceeds, dragging everything with it. Never in history has this much fiat be en printed in such a short period of time. The near term future is grim at best.

Honest Abe and his cohorts printed money to finance the Civil War at a percentage of increase that utterly dwarfs what has happened in the last couple years.

For the moment I am not overly concerned about monetary devaluation; I am convinced that most of the overall increase in prices is driven more by supply problems.

Edited by Gearclash 10/14/2021 08:23
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