Will the Swamp Swallow Trump?

Permanently Skewed TRUMP HOTEL, New York – Trump’s rambling army – professionals, amateurs, camp followers, and profiteers – is marching south, down the I-95 corridor. There, on the banks of the Potomac, it will fight its next big battle.
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Here at the Diary, we do not like to get involved in politics. But this is a special time in the history of our planet – a time when politics will decide what kind of disaster we face.
Simplifying, if Congress holds the line against Trump, we will have a deflationary disaster. If it goes along with him, the disaster will be more of the inflationary variety. We are here at the Trump Hotel in SoHo to try to figure out which way it will go.
Until now, the feds used only one weapon in their fight to prevent a correction – monetary policy. They used it until the barrel melted and they ran out of ammunition. That leaves fiscal policy – old-fashioned deficit spending.

This post was published at Acting-Man on November 24, 2016.