Kamalanomics

A de facto default is inflation in the range of 4-6% a year as the government uses Financial Repression to finance its debts. That’s the playbook.

There I was, over-caffeinated at mid-morning, listening to an old friend from Australia (a geologist) talk about kicking rocks at 11,000 feet, just west of Laramie in the mountains. He’d stopped into…