Reply #64: Chertkow come lately!

[Warpy]

The buck will continue to bleed as long as the GOP is in power and Milton Friedman is the patron saint of the US economy.

Monetarism/laissez faire economics/mercantilism or whatever new lipstick the GOP puts on the pig will continue to have its inevitable outcome: wealth will concentrate at a far slower rate and dollars will depreciate as no new wealth is generated at the bottom. People are tapped out and spending all their discretionary income on servicing their debt. There is no way they can manage to take on new debt to buy toys made in China. They've reached their limit.

With no new wealth being generated and the country drowning in debt, there is no place for the buck to go but down.

It's nice these smart people have finally noticed at least part of it.