europe is collapsing, buy gold & expect qe, page-2

Jacques

"...If we continue with this route, we are heading for money printing on a scale that has never been seen before in the history of mankind. Clearly, as history teaches us, that will lead to massive inflation, and huge asset depreciation.”"

History has taught us that QE doesn't necessarily lead to inflation. Look at the US during 2008-2010. Such inflation as there was came from rising food and energy prices, not from increased buying demand fuelled by easy cash. (America might be better off now if it had!)

I'm puzzled! Explain how you can have "massive inflation, and huge asset depreciation" at the same time.

I am not convinced that Nigel Farage is a sensible person.

Cheers.