News and commentary for Wednesday, 25 March, 2020.

First, allow the virus panic to come to simmer. Add shortages, hysteria, and the collapse of the Biggest Debt (and stock) Bubble in US history. Bring to full boil.

Then spring – as planned – the Biggest Bailout in US history.

Hyperinflation: On Deck.

As to what follows THAT setup, see “Weimar and Beyond.”

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