There are times when I feel pathetically lost and lonely, adrift in a sea of bewildering confusion and unnamed dreads, here in the Mogambo Bunker Of Paranoia And Despair (MBOPAD). Dispirited by the overwhelmingly bad economic outlook everywhere (and bad everything else, too) I languidly look out of the periscope, almost absent-mindedly scanning the perimeter for both real and imagined enemies.
Which is not to mention, of course, watching for family members sneaking up on me, each variously wanting me to give them money, take them somewhere, or (shudder) do something useful.
In such moments, I idly begin to wistfully remember the good old days of blissful naiveté about economics, which is before I found out about the Austrian school of economics, which led me to completely comprehend the unbelievable Keynesian econometric insanity — insanity, I tells ya! — of excessively expanding a fiat currency, especially over an extended time.
And I remember suddenly realizing, with a blood-curdling shriek of transcendental horror, how this — yes, this! – “excess money” thing is going to destroy everything, engendering the famous-yet-pithy phrase We’re Freaking Doomed (WFD).
Oh, naysayers always shouted hurtful things like “Shut up, you idiot Mogambo jerk!” and “Daddy, I can’t hear the TV with you acting loud and weird about the evil Federal Reserve again!”, yet I know this WFD thing for a fact – for a fact! – because big, long-term increases in the money supply has always destroyed every other dirtbag, low-IQ nation in history that ever, ever, EVER tried, or even allowed, such (how shall I delicately phrase this, perhaps with a gratuitous-yet-stupid alliterative twist?) simply stupendously staggering…