Its hard to predict what the heck will happen next. I am just an observer from now on; I have remove all emotion from watching what may happen.
Look the Austrians know how complex the economy is, but look at Bob Murphey's inflation prediction/bet. He lost and now he is the Krugmonster's whipping boy and the krug characterizes all Austrians based on RPM's stupid prediction/bet.
Everyone should remain calm and logical while keeping in mind the vast complexity of 7 billion humans' individual actions. 15 years ago very few people thought North Dakota Would turn into a oil boom state? Its in Nobody's interest for the dollar to quit functioning as a currency...too many people value trading with it.
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