David Fuller's view My thanks to the author for his witty, sobering comments, published by PFP Wealth Management. Here is a brief passage, written in the style of Raymond Chandler and posted without further comment:

The economy was in the freezer alright, and it was getting colder every day. You needed snow shoes just to get out of bed. But it didn't have to be this way. I recalled what 'the Austrian' had said..

..There's no way of escaping the final collapse of a credit boom. The only question is whether you stopped the boom, or killed your currency. The way these central planners were behaving, we might even get both. Certainly, stopping the boom wasn't on the table. Which meant, effectively: enjoy the party, but dance very near the door. And now the fiddlers had fled, and the fat lady had already left the building. I didn't like the look of things. I certainly didn't like the look of currency. I made a mental note to load up on gold.