In 2010, the Air Force tested employees at Andersen Air Force Base in Guam with an irresistible offer: the chance to work on a nearby shoot for a "Transformers 3" movie.

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The irresistible force of Fed money-printing collides with the immovable object of a great correction in the smash-up, the debris flies in every direction, giving us a bewildering, mixed-up picture that looks a lot like stagflation.

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