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Joined: Jul 2003
Posts: 3,301
Lord of Cluth Heals
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Lord of Cluth Heals
Joined: Jul 2003
Posts: 3,301 |
Quote:
There are only 2 solutions, both unpleasant.
Arioch my friend....
for those playing at home, option one is to hike taxes while option 2 is to monitize the debt by flipping teh switch on to the printing press.
Let's hypothetically say we flip the press on to monetize about 80% of our outstanding debt....
what do you think the run rate on year over year inflation would be for 5 years?
I am just curious if you have run any numbers or read anything...
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