Recession, page-23

Every central bank in the world is has thrown their rules out the window and is printing to infinity.

There is literally 0 realistic political opposition to MMT, so the next step is for politicians to just be able to magic ripe money into existence rather than bothering with all that confusing debt stuff.

Fiat currency is worth less than toilet paper. Expect governments to continue tossing it like confetti at anything politically optical.

All of this will only pump the price harder. This won't be your typical recession. The only escape from this economic death-spiral is mass crypto-currency adoption.

“I don’t believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can’t take it violently out of the hands of government, all we can do is by some sly roundabout way introduce something that they can’t stop.” – F.A. Hayek 1984

With market insanity, the efficacy of this drug in its already enormous market and COVID relevance this could enter the stratosphere in a way no-one without a macro background could have expected. Strap yourself in.