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<p>[QUOTE=&quot;EWC3, post: 7841348, member: 93416&quot;]I assume the US situation is similar to the UK (QE etc). Except of course that the very clever Gordon Brown sold all “our” UK gold – (not that we had much).</p><p><br /></p><p>I watched Mark Carney (ex BofE) on TV lecturing over Christmas, and judge the most important question he was asked was by the MP Steve Baker (who might be your sort of guy?). It was about whether QE was destroying the understanding of economic reality itself within the general population. Obvious to me that the answer is to a significant extent - yes – though of course Carney ducked it.</p><p><br /></p><p>So I guess the fear for me concerns the maintenance of a stable democracy – with the risk that the population votes for jam today, and the currency as a whole collapses into an inflationary black hole.[/QUOTE]</p><p><br /></p>

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