Seems like there are two bad options: either the fed raises interest rates enough to slow inflation, and debt service consumes a huge amount of national budget, or inflation really runs. It doesn't seem right that current inflation is very transitory.

Oct 23, 2021 · 6:23 PM UTC

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But I don't think the status quo can go on too much longer, and we have simultaneously forgotten what it's like to not have this much liquidity injected all the time and haven't yet come to grips with the size of the US debt.
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yes i would personally be in good or great shape, but i think it’s bad for society (there are some theories about why it would be good for reducing wealth disparity, but in practice the very rich will just get richer)
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