...don't raise taxes and don't cut spending - that sure deals with a big chunk of the Fiscal Cliff.As Yoda pointed out in his post about Financial Repression... This is all part of the grand plan for a long, slow debt default via captured central bank printing and repression of rates for decades.Bernanke has clearly accepted his role as a captured servant and ennabler of the irresponsible politicians. Otherwise, he would not have given them in advance a blank check for continued borrowing for as long as they want, free of any carrying cost increase or political backlash.There's no need to ever raise taxes or to cut spending. I've been saying that for months (years).The long, slow, debt default via relentless, controlled paper money inflation over decades began years ago. Always for the same reason - to protect the bankers and the politicians who serve the bankers.Viva Financial Repression! (Vive la répression financière.) Vive les politiciens! Vive les banquiers!
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