Looks like a case of stagflation dammed if you do damned if you don't. Happened in the 70's and looks like it is happening again. In a debt based...
It isn't a default just a sneaky devaluation so that the country won't have to default. They may as well start printing up that 10 trillion...
I am not an economist but in the last few years I have been struck by the seemingly inherent flaws in neoclassical economies. It seems to me even...
Stagflation like the 70's could put a damper on the economy Stimulus cheques or not. I guess there should be some sort of correction soon as...
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