Remember, if you don’t know where you are going, any road will get you there. Alas, the fake money order has taken us to the four dimensions of debasement, distortion, disfiguration, and destruction. How each dimension progresses to the next is somewhat ambiguous. Though it generally advances as follows…
The dollar is debased through centrally planned and coordinated applications of monetary and fiscal stimulus. These stimulus applications distort financial markets to where the S&P 500 is at 3,000, the DJIA is at 27,000, there is $13 trillion in subzero yielding debt, and shacks sell for a million bucks.