Quote:
Originally Posted by amosfella
Yes, but do you see deflation happening?? All I see is them printing money by the truckload....
It actually is that simple.... Buy gold and precious stones..... and not certificates.... The real deal...
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You are correct printing money is inflationary, not economic collapse.
During the 30's they made the mistake of staying on the gold standard
and not expanding the money supply.
I have seen deflation: oil, housing...........Sure in the future it is likely that we
overshoot with the money supply and get inflation. At that time we will have the
option of decreasing supply and slowing the economy in order to control inflation.