Are You Seeing This?If being on the gold standard made the U.S. Debt-to-GDP ratio get better, then what will make the Debt-to-GDP even out now? Particularly since we're probably not going back to the gold standard. What asset can the U.S. peg the U.S. Dollar to make the Debt-to-GDP even out or decline?
Or, will the U.S. just letting the debt continue without being checked? The great part about the U.S. is their "beautiful deleveraging" and reflation. It's great to the have fighting in the corner of the U.S.
It gets bumpy, but just hold on tight. There is more to come. Can't wait to see how this plays out.
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