Zeev's Turnips Patch-No Politics (ZEEV)

[Newly2b]

No, I very much doubt it, Lee. What really worries me is that they may not recognize in time the point at which velocity increases and they must begin to offset that increase by contracting the money supply to avert catastrophic hyperinflation. Momentum takes on a life of its own and like entitlements, once created the money is difficult to withdraw. The best laid plans of mice and men. . .

Newly