Silverthorn
Well-Known Member
Don't think he is right on that one either Julie. Printing dollars To buy gold I sn't going to cause much more inflation than printing dollars to buy bonds.
In the thirties gold was money and in the seventies gold rose because of inflation not viceaversa.
Edit
I should point out I think they will eventually get the inflation they want but whether they buy gold or bonds seems immaterial to me.
In the thirties gold was money and in the seventies gold rose because of inflation not viceaversa.
Edit
I should point out I think they will eventually get the inflation they want but whether they buy gold or bonds seems immaterial to me.