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Fiscal restraint is gone. Supported by central bankers who have developed a set of policy tools whose impact is practically imperceptible, year after year the national debt continues to grow.
We no longer live in an era where easy money generates inflation. Such a world might be safer than the one we are in. Instead, easy money generates risk free profits for banks and growing federal deficits. Worst of all, the public is unaware. If we continue on this path, we risk suffering a devil much worse than the double-digit inflation