It will probably be the slowly boiled in oil/super slo-mo train wreck version, but there are many other pit falls and dangerous variables that could trip us into real disaster like political craziness by a major country and a resulting war, social unrest all over the place, …lots of stupid stuff.
And all we really need to do is integrate Austrian economics and Social Credit as I have done in Wisdomics/Gracenomics and it would be all gain, no pain, immediate turn around and unmatched stability and profit. Integration is the process of Wisdom and the integration of seeming opposites always results in renewal, rejuvenation, revelation and re-start. Look at paradigm changes throughout history.
Rick: Is there a way that you see that we could move toward sound monetary policy without a crash or even a “soft landing”? Of course, we know we don’t ever move that way, but in theory is this possible?
Thanks,
Rick Sandberg Fresno
Me: Of course there is, with the anatomy of economic freedom in a monetary economy….over and above what you can find for employment, a continuing universal dividend and a deflationary discount to retail prices. A modern, technologically advanced economy is increasingly capital intensive at its base. What? Is high tech cheap? Of course not. Does it and increasingly will it and artificial intelligence be throwing upwards of 40-50% of the current labor force out of work in the next 10-15 years? Yes. The only valid and realistic solution? The above. The above which integrates Austrian and Social Credit economics and enables us to escape both the otherwise inevitable disruption and probably war in an era of modern weaponry…and our orthodox tending selves. The world cries out for Wisdom. Wisdomics/Gracenomics provides the common sense and Wisdom that is required.