insideoil

The Minotaur, the Labyrinth and the Icarus Rally

Face the market (reality) by letting interest rates increase (medicine) to stiffen the back of the US$ (moral integrity) - it will kill the inflation (cancer) , but it may also kill the patient ( US consumer). In the same analogy if you let the cancer persist it can only get worse, spread further, and be even more irrepairable if allowed to continue - and then eventually the patient dies anyway - just after an even more protracted and painfull death.
Maybe just the USA is in denial over having a cancer that needs to be treated. Funny things these analogies, they really do get you thinking.