Face Hugs
An engagement with this (extraordinarily interesting) monetary analysis isn’t going to reach any kind of remotely convincing state tonight. Perhaps I can buy people off for a while with a few of these:
It actually says pretty much everything that needs to be said, in compressed form.
There’s an additional Weiner post of special relevance here. (His definition of inflation as ‘counterfeit credit’ does a lot of theoretical work, very quickly.)