The Economic Crisis (The Fall of America & the Western World)

[Gandalf]

It is commonsense to assume that rampant money printing will have eventual consequences.

I find it silly that people are pouting about knowing people educated in economics, asking for specific dates about impending collapse and so forth. Economics is a shill subject full of hucksters and the ones that adhere correctly typically inform US economic policy. It is a charlatans game.

1. Why is it common sense?

2. And why is it silly to ask for specific dates? The monetary base tripled overnight five years ago and inflation is at the lowest ever level right now. How can there be no inflation in five years with three times the money?

1. Because it is a common trend when economies get desperate. They print more cash.

2. I would imagine because the money went to organisations that recieved the money directly and didn't pass any on to main street. When most of that money is going to banks who invest overseas and invest nothing at home I can see how home inflation would be marginal. Globalisation is a trick.