Stagflation And Inconvenient Debt
We are at the point right now where the increased money supply looks like an increase in real demand. In 12 to 18 months price inflation will kick in. Then all hell will break loose.
Had the money supply been increased by giving the money to profitable producers a lot of the damage would have been averted. But most of the "stimulus" is going to consumers. Very bad move.
I predicted stagflation several months ago. I'm holding to that prediction more than ever. There was a book by economist Robert J. Samuelson, The Great Inflation and Its Aftermath: The Past and Future of American Affluence,
Why hasn't Polywell Fusion been funded by the Obama administration?
IEC Fusion Technology (Polywell Fusion) Explained
H/T joedead at Talk Polywell
Cross Posted at Classical Values
1 comment:
MSimon: Thanks for finding and posting this. I've done the same on my site.
I think we're headed for the medium to long duration hyperinflation timeline as given here: Hyperinflation Scenarios, which fits in with your 12 to 18 month prediction.
I always figured that debt effectively sucks wealth out of the future. The corallary is that energy pumps wealth back into the future.
Now the future has arrived and the wealth is gone. The way to pump wealth back into the future is to develop new energy sources and let free enterprise take it from there.
So Let's *Hope* (ack!cough!) the Obama adminstration funds the Polywell.
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