• Printing money may permit payment, but it will reduce the purchasing power of the currency through inflation.
- Zimbabwe (2008): Massive money printing resulted in a 100-trillion-dollar note that could not even buy a loaf of bread.
You cannot produce wealth by printing it. The aforementioned realization coupled with the fact that there is no apparent strategy for controlling deficit spending leads one to conclude that “Insoluble Insolvency” will become a reality notwithstanding the observation that economists are unable to wed such a phenomenon into their current literature.
Regulatory Umbilical Cord History of Insoluble Insolvency Press Hesitancy (# 9)
