Sublime
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crisis of government in
Martin Gurri • Revolt of the Public and the Crisis of Authority in the New Millennium
The Straussian Moment
gwern.net

Every hyperinflation looked the same. “Hyperinflations are always caused by public budget deficits which are largely financed by money creation.” But even more interestingly, Bernholz identified the level at which hyperinflations can start. He concluded that “the figures demonstrate clearly that deficits amounting to 40 percent or more of
... See moreJonathan Tepper • Endgame: The End of the Debt SuperCycle and How It Changes Everything



