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[–]acheron20121 point
-1 points
0 points
(+0|-1)
ago
(edited ago)
Morally it is hard to see the distinction between bailing out Detroit and bailing out the central government.
And besides they are just “bailing” with a paper bucket having ZERO intrinsic value.
The sooner hyperinflation hits 500% the sooner we can move to the next phase. Everyone is getting quite fed up waiting for the other shoe to drop. Putting it off just makes it that much worse later.
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[–] acheron2012 1 point -1 points 0 points (+0|-1) ago (edited ago)
Morally it is hard to see the distinction between bailing out Detroit and bailing out the central government.
And besides they are just “bailing” with a paper bucket having ZERO intrinsic value.
The sooner hyperinflation hits 500% the sooner we can move to the next phase. Everyone is getting quite fed up waiting for the other shoe to drop. Putting it off just makes it that much worse later.