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by mecsred 496 days ago
I'm not sure why you think that's what I'm talking about, because I never brought that up. In fact I agree with that point. The apparatus will never report a failure because it has an incentive not to. The whole system is built and described in a way to make failure seem impossible because confidence is necessary for it to work. But when numbers and reality don't match, reality wins.
1 comments

That’s not what I said at all! There’s no failure being hidden, public deficits are a normal feature of fiat currencies.
Again, I'm not making any comment on the deficit. Literally never brought it up. I'm talking about people losing confidence in the dollar.