TSX:LSG.DB - Post by User
Comment by
TheProphetElijahon Oct 05, 2013 12:36pm
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Post# 21793747
RE:RE:RE:RE:RE:shorty is here
RE:RE:RE:RE:RE:shorty is hereRegarding 85B/month, what I meant to say was relative to world GDP that is tiny, since the MBS and bonds are being purchased back from all over the world. Secondly, the US is the world reserve currency and because of the sheer volume of dollars floating out there it would take a heck of alot more QE to cause any noticeable inflation, let alone hyperinflation. In 2011 when the debt ceiling was raising that ignited gold to 1900, this time around because the dynamics for gold have changed it will get sold off since a default was avoided. JMHO