Just monetize gold at $100000 per OZ. All of a sudden, all debt becomes payable, all stocks become undervalued. Inflation, after a one time price shock would come to a screeching halt. Prices, contracts, and pay would quickly adjust. Of course, the government would no longer be able to finance reckless spending with printed up money, but oh well.
Comments (1)
sorted by:
▲
1
▼
–
deleted
1 point
ago
+1 / -0