My economic plan is close to correct, all four parts.
Most from all sides will see that if the choice was Nixon Shock, or the new theory, they will take new theory. Traders will soon bet beyond the Trump Shock, hedge the midnight moment. At the meeting of the elders, the correct four part plan cannot be ignored, the alternative is a Nixon style. They will have limited choices.
We will get a hybrid default, lasting five to ten years, melting a little more ice than we want, but much better than a Nixon; and almost a fair deal for the kids, though they will want a five year review. We will impulse response through, but a course correction for the kicked can still be due, like a double pump. The Fed will be released, open its account system properly congested. The tree will be rounder then as opposed to now.
I have the kids transfixed, they are seeing their second 'Hamiltonian' cycle start, (all three puns intended). I am the old left with new theory.
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