It all went haywire when we went off the Gold standard. You can actually see the damage being done from the Bretton Woods agreement in 1944 to the fiat monetary experiment in 1971. The beginning of the end.
Just accepting the system is fucked, and the US needs the system to continue to be fucked to survive. Wow. That's like a meth addict convincing themselves to stay addicted because ripping off the addiction band-aid would be too painful. This 'Death spiral' approach is what the world adopted when we began Quantitative Easing. Precious metals appear to be the only safe haven at this stage. Everything will be inflated to infinity then eventually implode.
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