If standards mean anything anymore, then the report seen on Instapundit is prima-facie evidence of a failed policy. It used to be considered verboten to monetize the debt. It is now being done at unprecedented rates. Consider the following:
It is plainly evident because it is unprecedented. There has been inflation before, and this will spark inflation because it has done so before. We have seen double digit inflation with less cause than this. It is plain that we will see it again and soon.
Failed policy formerly meant throwing the bums out. But what if you cannot do this now? What if the bums provided a way to keep themselves in power despite their failures? It is happening in Venezuela today. It has happened in many other places in the world where a maladministered government kept itself in power indefinitely.
But we had it better than that, or so we thought. If democracy means anything, failed policy should mean a change in government. But what if that government won't leave?
That could spell big, big trouble ahead. No matter how it shakes out, there'll be trouble. Trouble in the case of the people patiently enduring it because they will suffer. Or if the people revolt, trouble may mean a great deal of bloodshed. Either way, it is not a good thing to have the kind of situation that is developing in our country.
The Democrats are resisting with all their might to examine the ballots in all the contested states. If the contest was really fair, they should have nothing to fear except the consequences of their own failed policies. That's assuming that they actually won. If they really lost, and perpetrated a massive fraud upon the public, we need to know that now before it is too late.
Failed regimes can cause hyperinflation, wars, and genocide. Do we really want that kind of trouble?
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