There Is NO Market Crash Coming and Here Is Why | Fed Insider
The Mark Moss Show
00:00
Are You OK With Runaway Inflation?
Sovereign bonds are considered risk-free because they're always going to be able to pay that. The US does not have a triple-lay rating from the S&P. They can print as much as they want, just like Zimbabwe, but then you have runaway inflation. If you don't print, you default. If you do print, you have inflation. Which one is worse? Are you okay seeing everybody's pensions wiped out and everybody broke on the street? Or would you rather people just pay a little bit more money for the things they buy? So it's a political, it's always, so inflation, in my view, is always political.
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