Replying to Avatar The Conscious Contrarian

The discussion about a "soft landing" is missing the point. A soft landing simply means they have continued to print so much money as to balance out an economic downturn. The result of that will be more inflation which they will cover up with their ridiculous inflation metrics.
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⚡️🌱🌙 2y ago

The cost of servicing the debt is out of control though.

USA has a difficult choice of poison:

1). Inflation

2). Higher taxes

The cost of servicing the debt is low when rates are low, or high when rates are high. Thus choose inflation or taxes?

If you thought politics was polarised before wait until, it’s a matter of literal survival whether the poor tax the rich, or the rich debase the poor.

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The Conscious Contrarian 2y ago

100% agree. Unfortunately 99% of the country don't realize that's the trade-off yet. Especially the poor haven't really started putting up a fight yet because inflation is much more disguised and difficult to blame on anyone than higher taxes.