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Runaway inflation is coming. Mass unemployment is coming. We wasted the decade of growth on pumping up the equity markets to make the rich richer and ignored s
by kylebenzle 7y ago
Runaway inflation is coming. Mass unemployment is coming.
We wasted the decade of growth on pumping up the equity markets to make the rich richer and ignored schools, hospitals and infrastructure. All this was an inevitable consequence of giving away unlimited free money to the wealthy.
- erikig 7y agoThe bigger risk is probably a huge deflationary spiral given the huge decline in demand caused by consumers not engaging in the economy.