Global Thermonuclear Devaluation
by Mark Grant
We are all embarked upon a grand new adventure. It just hasn’t been announced yet. It will never be officially announced but we will all get to play this brand new game in any event. Originally many had provided the name, “Currency Wars,” to our new game but recent comments and subtle indications have invalidated the title. The new title is, “Global Thermonuclear Devaluation.” The outward appearance will be a “Currency Wars” game but that is just a distraction. There are other motives afoot here and deviousness and distraction are always part of great political maneuvers. Devaluation by fiat may also lead to Deflation by fiat and then we may well all find ourselves on the Dark Side.