tag:blogger.com,1999:blog-3776665703590564248.post471653044223515942..comments2024-03-27T01:57:19.605-04:00Comments on Return To Excellence: American Socialism & Inflation Go Hand In HandReturnToExcellence.nethttp://www.blogger.com/profile/18149859814999976879noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3776665703590564248.post-47082452039129907682022-02-27T19:29:27.241-05:002022-02-27T19:29:27.241-05:00Great article, everything clearly stated.Great article, everything clearly stated.JWnoreply@blogger.comtag:blogger.com,1999:blog-3776665703590564248.post-70519094878333513212022-02-25T19:55:22.909-05:002022-02-25T19:55:22.909-05:00Lots of research and information. A little, oops,...Lots of research and information. A little, oops, way beyond my understanding! As usual, Doug, you are challenging!SRKnoreply@blogger.comtag:blogger.com,1999:blog-3776665703590564248.post-39074168017486778762022-02-25T17:04:12.746-05:002022-02-25T17:04:12.746-05:00Doug – This is among the best of the many economic...Doug – This is among the best of the many economic analyses I read in the past year. You have clearly proven that the combination of extreme fiscal + monetary (Fed purchasing bonds) is at levels proportionally never witnessed before. Left unchecked, these policies may exceed the 15% inflation rates and 20% interest rates of the Carter era. <br /> <br />More dangerous is that this extreme debt and M2 expansion greatly increases odds of $ collapse. For example, what will happen with following scenario:<br /><br />1 – US continues to produce domestics world’s cleanest fossil fuels at same rates, far from our max capacity<br /><br />2 – crude oil exceeds $125 per barrel<br /><br />3 – over $billions per day to Russia per their oil sales<br /><br />4 – US convinces required countries to expel Russia from SWIFT network<br /><br />5 – To rescue ally Russia, China dumps all US $ holdings (believe it is well over $2 Billion) & convinces major trading partners to choose Chinese yuan as world currency as US struggles to find investors to purchase its junk Treasury bonds<br /><br />US must do all to prevent this with energy independence, steps to balance budget, Fed to start and aggressively decrease its $9 Trillion balance sheet<br />Economics501https://www.blogger.com/profile/12001939903780698510noreply@blogger.comtag:blogger.com,1999:blog-3776665703590564248.post-17138005998177410522022-02-24T20:10:11.016-05:002022-02-24T20:10:11.016-05:00Good analysis as always and the over 50% Socialist...Good analysis as always and the over 50% Socialist explains our decline. When so called "free market capitalists” are in bed with the government one no longer has a free market and eventually the day of reckoning will come.<br /><br />I think we are getting pretty close to that day.DCnoreply@blogger.com