A Night Unremembered
13 years ago
Wednesday, November 4, 2015
Madness!
I've been wondering about the lack of sense in the world today... We have teens trying to "hook up" with ISIS, countless candidates for president, a president that has ignored the Constitution, and people (young and old) who are fixated on their cellphones.
What am I missing?
I suspect that, once this president has left office, we will be faced with runaway inflation the likes of which we never had before. Jimmy Carter had a poor economy (they called it "stagflation") and I think the only reason we do not have that now is because the Fed is basically giving out money for free (or at incredibly low interest rates) thereby providing a false sense of security. At some point, interest rates will rise and inflation will be the norm.
What the heck is going on?
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4 comments:
"get off my lawn, ya hoodlums!" (shakes cane)
:)
And curb your dog! My lawn is not a toilet.
I think it's pretty clear the economic theories that continues to drive Western governments since about the early 20th century are outmoded. There's no more money to pay for the free stuff citizens are addicted to but politicians needs to keep feeding that heroin to the masses for votes. It's a vicious cycle no one will break so the 'system' will do it one day for us. And then poof!
Or. This is what it looks like to live in a dark age and when a republic passes onto a welfare empire.
And yet, TC, the Democrat candidates will continue to offer even more and the Dem voters will believe them.
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