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Date Posted: 11:01:24 3/12/23 Sun
Author: Jasper
Subject: An article on the Great liquidation.

.
There’s no easy way out of this one. Mass liquidation is coming. Still, when the dust settles consumer prices will remain higher than they were at the start of 2020.

There’s no going back to the prices of January 2020 for the same reason there will never, ever be penny candy again. The dollar debauchery that took place has permanently disfigured prices.

The central planners, eager to deliver something for nothing, caused an epic disaster. And they won’t stop. They’ll continue to act – and they’ll say they’re acting with courage. What then?

More than likely, through money supply expansion and currency debasement, the central planners will continue down the inflationary path. Maybe it will continue at a subtle or moderate rate over many years or decades. Or they could trigger runaway inflation, where velocity spikes up and prices double and triple in just a few weeks.

No doubt, we’ll all find out soon enough. In the meantime, pay down debts, save cash, buy gold, and stack silver. With a little luck, you’ll make it though with a slimmer waistline and a greater mistrust of the planners in charge.

https://economicprism.com/what-comes-after-the-great-liquidation/

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