Big K

Quantitative Easing and the Disappearance of Income

This can be the only explanation for what the government has been doing for the last 20 years. Borrow, borrow, borrow. It should be obvious to most of us that there is no intent to ever pay off the public debt. The government will simply reduce its significance by massive inflation.

"Devaluing the dollar wipes out savings and lets the debtors off the hook-in the old parable. the grasshopper gets to stomp on the ants. "