Once, twice, thrice, frice? Err wait…nothing comes after thrice. Maybe creators of language couldn’t possibly imagine that someone would need more than three times to learn a lesson. Well, maybe not.
After artificially creating excess currency during Y2K that led to the dot com bubble, which popped and was reinflated into the housing bubble, which popped and was reinflated through a sovereign and corporate debt bubble we now have another pop to which we will launch unimaginable sums of currency into the air in the attempts to reinflate….oh sorry, I mean “support” this bubble economy.
Now let’s say they are actually able to do it for a fourth time, which would ultimately reinflate a bubble within the government debt denominated in dollars, obligated to be paid for by tax dollars. My only question then is – who bails out the bailors if they become the bailees?