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Economics

The Road to Weimerica

For decades we’ve been told “deficits don’t matter”. We’re assured that despite cranky fuddy-duddies warning that overspending would result in ruin, everything has been fine. But has it?

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JD Breen
Jul 18, 2025
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Weimar wheelbarrow (Source: https://www.kettner-edelmetalle.de/wissen/hyperinflation-2

Atlanta, GA

July 18, 2025

Imagine buying futures on the number of inches in a foot, hedging how many quarts are in a gallon, or speculating whether the number of degrees needed to boil water will vary from one day to the next.

Suppose you were building a house. On the day…

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