GOLD 0.51% $1,391.7 gold futures

sell on the bounce, page-104

  1. 24,765 Posts.
    BBall, of course they can't get away with just printing money non stop. Quantitative easing. Of course there will be inflationary consequences.

    But the MOPE has been that this is not inflationary and some posting here have swallowed that hook, line and sinker. The MOPE has been that this printed money is just replacing money that has been lost through deflation. Some posting here have swallowed that hook, line and sinker.

    Never in history has a government been able to print money like the US is and to run up deficits like the US is without consequences. These consequences are inflation.

    The US printing presses have been running the fastest ever in history. Thatis combined with manipulated official figures and interventions like strange, large purchases of US bonds from places like Antigua or whatever.

    There will be consequences. High inflation or hyper inflation is a currency event. The US dollar will experience this with ugly consequences.
 
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