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Humpty Dumpty on Inflation


"There is an excellent article by Axel Merk on 321Gold called Monetizing the Debt. The article discusses the Fed's growing balance sheet and whether or not it represents inflation. The aspect that I want to highlight is in regards to bank lending."

Some differing thoughts pertaining to Inflation/Deflation.

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I think a lot of the government money the banks get from

the FED is being used to pay off CDS obligations especially to foreign investors. Some say that back hole is 50 trillion. This is so huge that they they don't have any money left over!

As long as they have a

As long as they have a printing press there will always be money left over haha!! Whether it becomes worthless or not we shall indeed see.