by Chris Waltzek
GoldSeek Radio
- Since 2008, the government has decided that the economy never goes into recession and will borrow and print dollars to make that the case.
- Fiscal caution has been thrown away.
- Debt to GDP has soared since 2007 to well over 100%.
- There were other ways to get through covid, but politicians borrowed from the future.
- Money supply has exploded and prices can explode by many multiples (inflation) — it is all a game about expectations!
- Once inflation takes off it is very difficult to control..