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  • Real Price of Gold Soars [View article]
    You're standing on the beach before the Tsunami saying, "Look! the ocean's gone!"

    A misleading analogy. In the case of counteracting massive and rapid deflation with measured inflation, the central bankers (and the politicians representing the taxpayers who ultimately have to foot the bills) are unlikely to get the measure or the timing right.

    Too little money infusion, too late, is what is happening now during the uncontrolled collapse.
    The inevitable inflation caused by the monetizing of debt and the interest on it will be a more controlled process.
    Oct 08 19:18 pm |Rating: 0 0
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