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Old 26th Apr 2020, 14:18
  #32 (permalink)  
Slasher1
 
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Originally Posted by cxorcist
The reality is that the debt stops growing when creditors stop buying US treasuries (bonds) and the fed’s printing stops creating capital liquidity due to (hyper-) inflation. That’s when the music stops and you better have a chair to sit on.
Or a really good place to go. Perfect storm. The economic engine has been stopped by feckless governments, everyone is borrowing from everyone else, and everyone is printing. Don't even need a press anymore; just electronically add a couple of trailing zeroes. The Keynesian money tree concept has never worked.
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