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I have already lived through a decade of (hyper)inflation in a different country. At the time the grassroots solution was to establish a shadow economy based on
by angelzen 5y ago
I have already lived through a decade of (hyper)inflation in a different country. At the time the grassroots solution was to establish a shadow economy based on USD. I find it very interesting, in Chinese proverb kind of way, to see how the world will manage the destabilization of the USD that is already underway.
- redis_mlc 5y agoBiden supporters are to the left of Stalin - he needed the money to industrialize and build a modern military, which he accomplished just before Germany invaded in WW2, while Biden is exiting a pandemic. What the $3.5 trillion budget is about is not money, it's about the Marxist policies hidden in its 10,000 pages that nobody has time to read. (Biden's "progressive policies" that Joe Manchin won't go along with.)