Memories of the 28th Century

I have written against marketing lies, but I never before have seen a publicity campaign as successful as what has been done with Coronavirus. Until a few months ago, most people would have expressed ignorance, if they were asked about Coronavirus; although a few would remember SARS and/or MERS. There are a few people who have actually looked into it, and I even used Coronavirus in a novel, Harry's Time Tours (soon to be renamed Causation). I recently reread that section of Causation, and it was ...

Debtors love inflation. The more they owe, the more inflation they want. That is because inflated dollars cost less, so the debtors can repay the same nominal amount for a lower value. That works whether you are a real estate developer or the U.S.A. The U.S. Treasury and the Federal Reserve Bank have been encouraging high inflation for a long time, so that the Treasury can pay off bonds with cheaper dollars. If inflation is running at average rate of 2.68% per annum, thirty year bonds can be paid ...