This seems like the most straightforward answer so far. I was hoping it was talking shit about Tether or something. (Ok, to be fair I didn’t really think it was likely, but I hoped.) But thanks for the response.
You might know that nearly-all of the US currency was created very-recently…
You might know that when you double the amount of currency, you halve the value of each unit of that currency ( this is the essence of “inflation” )
The money printer is essentially how the US has been “managing” its economy: print money REALLY fast, & hope that nobody notices while the shell-games go on, changing ownerships, rigging corporations, etc…
but when it all comes crashing down, then … accountability will just go POOF!, same like usual, with institutional-authority…
Scroll-down a bit, & see the graph with the pale-blue color on it… look at that graph, which shows how the amount of US money in circulation nearly-doubled in 2020…
The lead line in that article is important, too: 100y of debt gained in 1/2y.
Corrupt authority, both private & public, won’t ever tolerate either accountability or responsibility…
it’s the others who will be forced to pay, of course…
However, misregulation, disregulation, & bald-faced corruption do make the damage happen faster.
This seems like the most straightforward answer so far. I was hoping it was talking shit about Tether or something. (Ok, to be fair I didn’t really think it was likely, but I hoped.) But thanks for the response.
You might know that nearly-all of the US currency was created very-recently…
You might know that when you double the amount of currency, you halve the value of each unit of that currency ( this is the essence of “inflation” )
The money printer is essentially how the US has been “managing” its economy: print money REALLY fast, & hope that nobody notices while the shell-games go on, changing ownerships, rigging corporations, etc…
but when it all comes crashing down, then … accountability will just go POOF!, same like usual, with institutional-authority…
https://forexsignalsystemtrading.blogspot.com/2020/11/100-years-of-debt-in-half-year.html?m=1
Scroll-down a bit, & see the graph with the pale-blue color on it… look at that graph, which shows how the amount of US money in circulation nearly-doubled in 2020…
The lead line in that article is important, too: 100y of debt gained in 1/2y.
Corrupt authority, both private & public, won’t ever tolerate either accountability or responsibility…
it’s the others who will be forced to pay, of course…
However, misregulation, disregulation, & bald-faced corruption do make the damage happen faster.
_ /\ _
PS: I’d left this implied, but it ought be explained…
IF the current-powers-that-be can just print money to make a fake “good economy”,
THEN why can’t we do so, too?