Outside there are birds chirping, trees whispering, kids laughing and people walking and driving—pretty much like normal. It looks like it did in the 1960’s, except now we have computers, iPhones and the national seashore. So what is it that provokes this Chicken Little to declare that the sky is about to fall?
In the 1960’s, money worked because the economy grew. People bought Treasury bonds, reasonably confident that the economy would grow at a…