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"Lenin....was certainly right. There is no subtler, no surer means of overturn the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not on man in a million is able to diagnose."
Denninger is just as blunt, saying unless public outrage stops this, "you're all going to be effectively dead economically.
Your assets will be stripped.
All of them.
Your homes.
Your businesses.
Your savings....And, when the inevitable margin collapse comes in the corporate sector, your stock portfolio will detonate again and your pension funds, Medicare, Medicaid and Social Security will be" toast.
There's no middle ground, no place to hide. Either "stop this madness or we all get destroyed. Those are the only choices," or as Tom Lehrer's memorable 1950s lyrics put it, referring then to potential nuclear annihilation, "we'll all go together when we go." All today except bankers, of course.
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