I've been saying this same thing for awhile, the problem is a lot of sentiment bots have been downvoting it out of view within 24 hours, taking karma as they go. Yesterday lost 10 points for a single post same subject, basically the same as yours.

There are a number of subjects now where its almost to the point where any discussion is fruitless because anyone talking is getting punished by third-parties, and moderation aint doing a thing about them.

Your right it will be real bad, much worse than before because most of the Volcker recovery was on the back of the global adoption of the petrodollar. The situation is the exact opposite today where you not only have petrodollar pools of money coming back domestically but also runaway government spending.

If you compare our modern economics with that of Argentina over the past 100 years, we seem to be following the same policy pitfalls. These things largely only happen because of excessive money-printing under fiat, certain government policy and regulation can cause it as well.