They’ve been pumping asset prices for 54 years and liabilities have outgrown tax receipts by a substantial amount. The same will continue.
The fiat system is essentially a controlled demolition. The only question is how long can they keep the scam going.
I think they can continue until revolution. Our standard of living is already far off the 1850-1950 trend. When standard of living reverts to pre-1950, people will start again with government.
I think they can continue until they blow up their scam and there is a viable alternative. Complete currency collapse has happened many times in the past and it’ll happen again. Well on the way (to collapse and to having a viable global alternative) already.
