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"There is no other way" = "There is no Plan B" Fortunately if we've learned anything from recent history, it's that our initial attempts at a solution are almo
by jldl805 5y ago
"There is no other way" = "There is no Plan B"
Fortunately if we've learned anything from recent history, it's that our initial attempts at a solution are almost always successful and rarely are there setbacks, hiccups, or insurmountable obstacles along the way to the perfect realization of your immaculately designed strategy.
- dharma1 5y agoI don’t think it’s so much an immaculately designed strategy as a corner central banks have painted themselves in and have difficulty getting out of. And of course monetary systems could go another way that doesn’t end so well for central banks, like: -high inflation central banks can’t control -collapse of fiat -return to a gold standard in some form -hypercryptoization -the path of last 20 years of Japan …or some other unknown turn of events like a war between superpowers or emergence of advanced AI which will turn the economy upside down
- jldl805 5y agoYes I agree with your summary of the situation. I assumed a phrase like "immaculately designed strategy" would set off your sarcasm sensors but I appear to be mistaken.