pasadenan

Inflate, Deflate or Default

There is another option; the one that has always turned economies around, or created new governments and entrprises ---> Inovation.

No, it is not dead; there are millions of opportunities out there, but we have become nearsided and tend to think past solutions are the best.

But instead of risking on the untried, untested, and unknown, we tend to chose risk on high returns at the expense of others and where there is no real benifit to anyone.

Artificially inflating prices is not "growth"; but it has been marketed as such for so long, it seems hard to see the difference.

The article was well written. Very engaging and a good synapses of recent history. I also appreciate the simplified definitions of complex terms.