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> This difficulty lowers the likelihood of government fiscal responsibility and increases the likelihood of devestating inflation. I share this worry too, but
by thadjo 8y ago
> This difficulty lowers the likelihood of government fiscal responsibility and increases the likelihood of devestating inflation.
I share this worry too, but it's not like there's currently any political appetite for fiscal responsibility. I wonder if the threat of inflation and currency volatility would actually serve as better stick, than what we currently have which is continuing to run up a massive debt which will be terrible for our children?