 Ouch!
SW.:
This is a metal trading site, right?
Not everyone here trades metal, a lot of folk here just trade
political opinions, some are probably unemployed and struggling.
Could you imagine the arrows on this site if the arrows were were monetized and not anonymous?
Heck, those "popularity" red arrows aren't yet incorporated into
our credit ratings....but soon enough ;)
Mish doesn't think 'free money' will happen, and I agree.
Governments 're-allocate revenues' - that is the PC re-coinage of "redistribution"
But no government has ever been able to simply pay incomes for free:
every dime has to be accounted for or monetized.
Of course, and I'm not accusing Mish of not knowing this point:
I do believe in deliberate fraud, default, and bankruptcy.
Yeah, default, like as in, Coleman Young....
Yeah, folks do that.....every day, gosh, Mervy Badoff, Cony Jorzine, Milkey Mikey, right?.... ;)
The beginning date for hyper-inflation is anybody's guess, Mish says it won't happen, but the paper cash must hit the street eventually.
I don't need to worry about hyper inflation, if it happens, Mish's analysis not-with-standing,
it still makes sense to buy metal, even if it is a moderate inflation scenario that unfolds.
Shissssh, the back of the American employee is almost broken, and they pay for the whole show.
They can't pay for everything, forever,
So don't fret the red arrows, I apparently, am another St. Sebastion,
and yes, Coleman Young destroyed a whole city,
and he laughed all the way to the bank,
not a red arrow in his back.
 Commented 3809 days ago |
