Saturday, 30 April 2016

Thought of the Day: State of the Economy

We are already in recession and inflation.

Or at least a dramatic failure compared to where we could have been, without the money printing and all that.

I do wonder where we would be if nothing was taken, there were no inflation and every dollar spent went back into the economy.

In the most conservative of estimates, the economy would be saving 3-5% a year in inflation. Compounding that over 100 years gives a whole damn load of wealth. Wealth that we cannot enjoy because it's been taken.

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