The Government Can Help, But We Need

The Substantial Uncertainty About The Path Of Asset Price Movements Going Forward Necessarily Reduces The Case For Altering Policy In Advance Of The Move.

Hyperinflation Is Not Going To Happen In This Country, Will Never Happen... The Fed Putting So Much Money Into The System Is Not Going To Create The Risk Of Hyperinflation In The Future. We Have A Strong Independent Federal Reserve With A Very Strong Mandate From The Congress, And They Will Do What's Necessary To Keep Inflation Low And Stable Over Time.

The Plausible Outcomes Range From The Gradual And Benign To The More Precipitous And Damaging.

Financial Crises Require Governments.

The Recognition That Things That Are Not Sustainable Will Eventually Come To An End Does Not Give Us Much Of A Guide To Whether The Transition Will Be Calm Or Exciting.