That was the advice of Janet Yellen. Hasty Steerbutt has compared it to the behaviour of those who know they can't pay their bills and will have to declare default, but instead of cutting back on spending, embark on a splurge to consume whilst they still can.

War criminal, Joe Biden, has announced three HUGE spending packages totalling about $6trn, even as Great Satan debt has gone parabolic and hit $28trn and that doesn't include the unfunded liabilities which Laurence Kotlikoff says exceed $240trn. Many other graphs are also showing parabolic curves. Hasty Steerbutt also points out that income has increased from $19trn in 2019 to $24trn today.

The Great Satan bond market, Great Satan shares market and "worthless paper" USD are all now guaranteed to implode. Whichever one goes first will take out the other two, like three sticks of dynamite bound together. 

Except they're more like three HUGE hangars full of dynamite. The Great Satan is history's worst ever debtor. The shares market is the biggest and longest bubble ever. Meanwhile, the "worthless paper" USD is now guaranteed to undergo a hyperinflationary collapse. The Great Satan is already paying $300bn a year in interest payments even at these absurdly low interest rates. Nations are dumping both Great Satan bonds and "worthless paper" USD and the more they do so, the more the FED has to purchase Great Satan bonds to keep interest rates low. This is a positive feedback loop guaranteeing implosion.

Meanwhile, Basel III will collapse the paper gold market according to Alasdair Macleod: "The end of the LBMA is nigh". That would explain why the bullion banks accumulated a HUGE amount of gold at the CRIMEX vaults and are keeping the price subdued; dumping whenever the price rises and buying back when the price dips.