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printing money causes inflation, u can only have deflation when we go back on a gold standard
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yes when we go back on a gold standard, deflation will set in
you cant have deflation with a fiat currency
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this dude is smart, he was spot on when he predicted that the fed will simply re-invest their maturing stuff and end QE2
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Damn! What a lineup: Jim Rickards, John Hathaway, Rick Rule, John Williams, Eric Sprott, Richard Russel, Chris Whalen
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Speaking words of wisdom: let it be!
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when do the 2011 Casey Research Spring Summit audio cd's ship?
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@solojam
Really no deflation? What exactly is their reason for printing money now? Oh that's right deflation. Not that they are telling the truth but they sure hold up the deflation bugaboo.
Tempolisto 9 months ago 3
Thanks for posting. When Jim Rickards speaks.....I listen.
hatch381 9 months ago 2