No matter how many times you kill a zombie idea, it keeps coming back in one form or another..
Money print = runway inflation if not hyperinflation and huge increases in interest rates.
Well, since several years ago that Japan (this one for more than a decade), the USA, Britain and the Europeans have been printing large amounts of money without any visible impact on inflation or interest rates.
To understand why Schiff, Sinclair and Co are all wrong and have been systematically so we meed to be able to grasp the Keynesian concept of liquidity trap, which appears explained below in a colorful way:
http://ftalphaville.ft.com/2012/10/02/1187841/dont-call-it-money-printing-rubiks-cube-edition/
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