First published by Money Metals here:
https://www.moneymetals.com/news/2020/08/31/monetary-system-behind-power-curve-002118
Lately, it’s been hard to ignore the feeling that the monetary system could potentially collapse. To me, it’s not just a feeling. It’s a certainty. To explain, I’d like to borrow an analogy from the world of aviation. The “backside of the power curve” means that you have overextended the ability of the airplane to fly, and no amount of power can rectify the situation.
