History rhymes.
In 1970 we had new technology looking at the past and present, revealing frauds generated by the previous generation. The television gave us visible proof that the Swamp was idiocy, and the new information justified shutting down the Swamp.
We are at the same point in finance, the new information technology can absolutely compute the fraud involved in ignoring the periodic MMT moments. The Swamp shuts down because the new technology reveals the unsustainable pricing, no one believes the Swamp budget is sustainable. We know how to determine S/L equilibriums. Thus the Swamp shuts for a moment and we reprice 'right to coin'.
Same effect, a Moore's law effect, or in association with a Morse Law effect. Assange and Apple are connected, Assange is the new press, Apple's privacy system permits honest pricing. Doing oil deals with the Saudis is another fraud, some bizarre improbable plot like containment. Not that big a deal, this time, we so far have a low body count, but Syria is growing dangerous to the US. We will shut the Swamp, momentarily, while the elders meet. Krugman and Blanchard and Hillary are the new McNamaras. It is natural, is is happening.
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