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Milton J. Madison - An American Refugee Now Living in China, Where Liberty is Ascending

Federalism, Free Markets and the Liberty To Let One's Mind Wander. I Am Very Worried About the Fate of Liberty in the USA, Where Government is Taking people's Lives ____________________________________________________________________________________________ "Extremism in defense of liberty is no vice. Tolerance in the face of tyranny is no virtue." -Barry Goldwater-

Tuesday, March 05, 2013

Wake up....

Wake up people.  The central bank has created $3 trillion in new assets and forced them into the banking system.  The nation's central government has borrowed and wastefully plowed another $1 trillion a year annually into the economy and these two central planning interventions have not been effective as indicated that the economy is only growing around $300 billion a year.  Eventually, this money has to be withdrawn or inflated away and this will probably be catastrophic.

So, the American government, as well as many of the major governments around the world, including Japan, China, Europe et al that have been drinking the same psychedelic bug juice that the American government has been consuming and all will have to pay the piper.  These governments have only been delaying the inevitable and that day will come when the market based restructuring of the major economies around the world will take place.  Governments around the world will default as well as the US government and there will be a year-or-two of massive and deadly dislocations.

3 Comments:

At 11:30 AM, Anonymous Anonymous said...

So where is a good place to dislocate?

 
At 4:04 PM, Blogger glenzo said...

you can't bug out. you are government chattel

 
At 4:13 PM, Anonymous Anonymous said...

It's more like war dislocation that I'm concerned about.
Being a movable feast is survivable, getting blown up presents problems.

 

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