Dealing with Never Ending Bailouts

The bailouts continue and there are probably many more to come. How will this all end?

It seems to me that there are only two major options:

  1. With staggering debt, inflation runs rampant, ultimately forcing painfully high interest rates – painful for debtors, nice for lenders. Result? The poor get poorer, the rich get richer.
  2. Huge economic growth makes the debt manageable. This growth benefits everyone, but especially those who have risked their capital. Result? Everyone gets richer, but the rich get much richer.

The right strategy is clearly to become rich. Spend less, invest more. Of course, that’s always been the smart strategy.

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