RE:RE:RE:RE:New presentationCentral Banks have been trying to cause inflation, and they can't. There is lttle velocity to money; and there is no evidence that QE4, 5 and 6 will stimulate spending. Helicopters dropping cash on everyones lawn just means people will stuff their matresses with cash. There is no faith in the economy. Real US unemployment is over 20%.
This is what you get with big government - like Reagan said, "it's the problem, not the solution". Stalin couldn't run America any better than Obama - regulation, intervention, social dithering, taxes and more taxes to steal from a dwindling productive economy, causing it to dwindle more.
Austerity is something government knows nothing about - it's what IT imposes on individuals.
https://jim.com/hayek.htm
Keynesianism has never worked; similarily, apologists of communism will say that's because it's never been tried correctly. Cut taxes, cut government and get out of the way, does.
Money should be a reflection of wealth created or destroyed. Not of governmental policies that can never work. Government sucks.
I don't yammer. Go print some more money and see if it works.
There is no price of gold.
https://www.youtube.com/watch?v=Osq1yxSFVG0