Dealing With the Hangover

We have been hooked on monetary heroine for an extended period of time, far longer than anything that happened leading up to the two thousand eight financial crisis. So dealing with the hangover has to be much worse, especially if the fet is side lined from the bail out gain. I think when the fed is forced to choose between two dire outcomes, it is going to choose the lesser evil and deliver less pain right now. And that's why the fed will always choose inflation over deflation. It's always made that choice in the past, and i believe it will always make that choice in a future. Expecting anything different, well, that's the definition of insanity.