Broad Oak: your emotional support animal

Sunday, January 04, 2009

Disaster deferred (and increased), not averted

Karl Denninger goes back to basics, explaining how the reflation is merely paying you-now from you-future's account. Knit faster, we're running out of wool.

1 comment:

James Higham said...

Denninger is one man with his finger on the pulse. I read him.