Among The Marbles

Stumbling around in the
dark
caught up in a messed up
maze

borrowing phrases from
retired writers who
mangled language

to shock
to get a rise
to surprise

Where is the light switch?
Where are my keys?
down on my knees
among the marbles, Did
these fall out of my head?

and the moral is
quit asking so many questions

New Economy Muddling Through

We look at the national debt rising toward 20 trillion dollars and pessimists predict catastrophe in the form of hyper inflation. They reason that this debt will be monetized, that government will run the printing presses, and gold and real estate and tangibles will rise as the dollar sinks.

And there is some truth in this

But realistically we are in a new type of economy that is very sensitive. The slightest acceleration brings higher prices which slow things which brings lower prices. 

I see a wonderful future of moderate growth, low inflation, low interest rates, and a gradual lessening of the debt problem.

Debt will continue to go up, but as the economy grows, it can sustain more debt.
Debt is not such a bad thing. Debt is just money.

Is the solution to have less money? I don't think so.
What has been working well is a gradual increase in the supply of money.

Right now another small real estate bubble is forming. But I don't expect it to continue. Gold has been in a downtrend for more than a year.

Sensible people are seeing that it is better to buy a bag of seeds than to buy a bag of gold

It is better to hold income property or a healthy business rather than unproductive land.

Virtue will be rewarded.
We will muddle through.
This is a new economy, a smart economy.