Quote:
Originally Posted by aureliusmax
Needed the pandemic to pop the debt bubble, trigger a correction in valuations, and get back to a reasonable gold-backed currency.
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I was also going to touch on the economic implications but figured I'd sound even more callous.
I agree, the equities bubble was just looking for something to correct and the virus has been the pin to burst it. No problem, we'll just print more money.
Not sure it's going to do anything for the debt bubble though. Just destroy the dollar and trigger inflation? Who knows. Will depend how long this thing plays out.