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<p>[QUOTE="PeacePeople, post: 2179145, member: 20082"]Your last line makes no sense what so ever. What is created needs to have a correlation to what is produced, and the faith and trust in its backing. Printing or production of too many dollars would certainly produce inflation without something to correlate their production to. The one thing the fed did correctly was they did QE before their most closely matched competitor of the moment, the Euro.[/QUOTE]</p><p><br /></p>
[QUOTE="PeacePeople, post: 2179145, member: 20082"]Your last line makes no sense what so ever. What is created needs to have a correlation to what is produced, and the faith and trust in its backing. Printing or production of too many dollars would certainly produce inflation without something to correlate their production to. The one thing the fed did correctly was they did QE before their most closely matched competitor of the moment, the Euro.[/QUOTE]
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