When, Not If: The Clock Is Ticking on the Federal Debt Bubble

ArticleDebt crisis January 30, 2018 - 3:23:55 AM

There is no means of avoiding the final collapse of a boom brought about by credit expansion

Leave it to the committed anti-debt pragmatists at Mises Institute to sum up the stark reality of economic growth fueled by a Fed furnace that burns printing-press dollars.

There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved...

Source:goldsilver.com

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