I am infinitely more optimistic today than I was a year ago about the quickness with which competing state/asset based currencies will be able to replace crashed fed notes. The debt will finally be liquidated as the doc wanted, and it will cause a Renissance in the American economy. The people will demand a balanced budget amendment, and will refuse to allow the gov to carry debt at all.
The people stopped a war (in Syria), when was the last time that happened?
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