Seeking Alpha: Looming Financial Catastrophe: A Real Inconvenient Truth


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jlbIII commented:

I know I, for one, hate having to continually get int that time machine to ship all those cars and computers back to 1945 in order to support my reckless grandparents who wracked up such huge debts to pay for WWII. It’s only somewhat helped my the regular arrival of my grandchildren with the aircars and Mr. Fusions… Oh, wait – that DOESN’T HAPPEN!

Current production supports current consumption. Notional financial values of debt are utterly irrelevant. You people, while well-meaning, are utterly clueless. It is the equivilant of worrying about a bowling alley running out of points to award.

http://moslereconomics.com/mandatory-readings/soft-currency-economics/


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