CHS and Gordon T. Long discuss the cycle of deflation and the endgame of leverage, credit and phantom collateral.
1- How Large can Central Bank's Balance Sheets actually get before too much is too much?
2- Is Public Debt Monetization A Realistic Possibility or the Only Possibility?
3- Is Austerity ever a real possibility in a democracy? Especially, in today's 'spoiled' adolescent culture?
4- What is a "Market Clearing Event"? How can mispricing and malinvestment ever be realistically reset?
5- Is Anarchy a real possibility?
6- The problems are obvious. Is there a possibility that the government is aware and planning for it?