The market is a distraction. This is about who owns the paper once the smoke clears. Its a fire sale.

There's no choice. Start the presses and brace yourselves. Next on the agenda is interest rates and inflation. You can't add half the GDP to the money supply without consequences. They buried the M3 for a reason. Fractional reserve should be on the list but its going to take a whole lot of hurt before that one's let into the room.


"Riding the SNAFU wav(e)"