He's been saying the same things for many years. I don't think he's misleading anyone, I actually think he believes what he says, and I don't think he's incorrect overall.

However, timing is always a bitch, and I don't think he knows how to operate on an even keel. He always leans too far to one side, that he can't keep himself in the middle of the road. He can't see how far they can kick the can down the road.

For those that incite doom, perhaps someday they will be right. A broken clock usually is. But, they most likely won't see the timing, of the end of an empire event. Inflation, and deflation, are only level mechanisms used in the pursuit of accumulation and collectivism - for the elite. There is zero reason to permanently crash a wonderful and working wealth transfer system. So long as the interest can be serviced that upholds the debt, the game will continue.

Afterall, there are still many more tangible assets in this world yet to acquire.