Coming Inflation To Boost Stocks, Gold [View article]
One thing I dont understand. If all the currencies of the world are being printed at the same rate as the dollar, then who is going to bid up the price of everything? I believe we are facing inflation, but to have inflation your currency needs to lose value against other currencies. In your article, you say that's going to be a small part of the devaluation. I think that's going to be the MAJOR part of the devaluation. The question is what currency will be strong. China perhaps. Time will tell.
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One thing I dont understand. If all the currencies of the world are being printed at the same rate as the dollar, then who is going to bid up the price of everything? I believe we are facing inflation, but to have inflation your currency needs to lose value against other currencies. In your article, you say that's going to be a small part of the devaluation. I think that's going to be the MAJOR part of the devaluation. The question is what currency will be strong. China perhaps. Time will tell.
Nov 04 20:07 pm
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