Inaccurate ●●●●●
Bush-era deficits will lead to a US fiscal crisis in which the government turns to printing money and interest rates soar.
“My prediction is that politicians will eventually be tempted to resolve the crisis the way irresponsible governments usually do: by printing money, both to pay current bills and to inflate away debt. And as that temptation becomes obvious, interest rates will soar.”EconomyMarketsPolitics