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I have been listening to the economic "PLAN" for over the course of today, not to mention the last number of months.
It seems to me that once you cut through the rhetoric, the "plan" is simple.....
Hyper inflate our way out of these debts. Note: nearly a trillion Dollars of unbacked currency added to an already battered dollar, and an over extended currency policy.
Worried about falling home prices??? Don't, we can inflate the cost to make it appear that they have restored or kept their value.
Defaulting on 100,200,or 300,000 in mortgage dept. With hyper inflation, we can make that all "go away" and make it seem like pocket change.
Those that are holding commodities will be sitting pretty. Those with cash in the bank will retain their numbers but not its value.
If you look around these position are already being adopted.
What bothers me is that they have the nerve to call it a "plan".
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