Friday, April 15, 2011

There is no inflation

I can keep ranting about the absurdities of  current economic policies in US forever. But videos like this capture the essence perfectly. Only the budget deficit drama theater in Washington is comparable.

Somehow, people - when in very large groups like a nation - are completely incapable of fixing the root cause. Sad. Too much debt, too much money printing, too much entitlements are the root cause of our current economic malaise. Nothing will be fixed until it's too late. Because no policy maker wants to be the tough guy administering a bitter medicine.

This cannot end well.

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...