We had a same virus, the Vietnam war. Killed about 3 million. The Boomers damn near shut down the whole economy over the catastrophe. Government went broke, Nixon defaulted, we suffered a 10% inflation for about a year,. The after about 40 years we got pricing settled.
Simple solution, do it again, we are damn good at it. We are knowledgeable enough to do it twice as smoothly as Nixon.
I was not nuts when I proposed the plan, and quite liberal with an 8 T default plan. It was not nuts. Based on sound triple entry accounting theory for central banks, look at Beckworth, he has a three axis model. Then the Blackswan hit, it was no confirmation, I am pissed because I was already confirmed, didn't need no Blackswan. We got sound proposals, any one of them, slightly adapted, will outperform any midnight gold default.
I was not nuts when I proposed the plan, and quite liberal with an 8 T default plan. It was not nuts. Based on sound triple entry accounting theory for central banks, look at Beckworth, he has a three axis model. Then the Blackswan hit, it was no confirmation, I am pissed because I was already confirmed, didn't need no Blackswan. We got sound proposals, any one of them, slightly adapted, will outperform any midnight gold default.
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