... when you tell people, quite honestly, that neither you nor economists really understand why our gigantic national debt has not caused problems akin to those in the Weimar Republic where people were pushing around wheelbarrows of money to buy a loaf of bread. And, since nothing bad has happened yet, we might as well dump a few trillion more dollars into infrastructure. In the words of Han Solo, I've got a bad feeling about this.
Usually John takes an issue and breaks it down and explains it. I appreciate that he admits that this phenomenon of the lack of disaster in the face of such gigantic debt cannot be explained, but that doesn't mean it should be ignored either.
Interesting factoid - Did you know that 23% of all dollars ever printed have been created since January 1, 2020?
On the humorous front, I loved his piece on Peeps and Pepsi that made my pancreas want to curl up and die, his erotic Nicolas Cage pillows, and the bit about Uncle Sam digging a gigantic hole in the desert and his warning to kids.
Usually John takes an issue and breaks it down and explains it. I appreciate that he admits that this phenomenon of the lack of disaster in the face of such gigantic debt cannot be explained, but that doesn't mean it should be ignored either.
Interesting factoid - Did you know that 23% of all dollars ever printed have been created since January 1, 2020?
On the humorous front, I loved his piece on Peeps and Pepsi that made my pancreas want to curl up and die, his erotic Nicolas Cage pillows, and the bit about Uncle Sam digging a gigantic hole in the desert and his warning to kids.
