Message:

<p>[QUOTE=&quot;InfleXion, post: 1535526, member: 29012&quot;]You are quite correct about who this is punishing. Deflation would mean lower prices for consumers, more buying, more velocity in the economy, less people struggling and hoarding, and a stronger currency. Unfortunately deflation would cause the wheels to come off the fractional reserve global ponzi scheme, so they will continue this path as long as they are able. With the US finally implementing tariffs on China, both nations suing each other trying to fight for position at the WTO, with China announcing anyone may use their currency to buy and sell oil, and with Russia announcing that they will exclusively be doing so as the world&#039;s largest oil producer - the currency war and the trade war is on in full effect, and it does not look good for the US who rose to prominence with ingenuity and innovation only to skate along the last 40 years on the shoulders of others with the petro-dollar which is now coming to an end.</p><p><br /></p><p>You&#039;ve also highlighted an important distinction between monetary inflation and price inflation. I anticipate we will continue to see increasing monetary inflation but that prices will actually deflate as that new money is used to cover leveraged counter party risk chains that will require much more money to offset than they are worth. This is known as biflation in which case all assets become denominated by their true demand. Debt based assets will go down in value while tangible assets will continue to rise IMO.</p><p><br /></p><p>&nbsp;If you mean that gold will not protect your wealth, I disagree. Gold is money, always has been, always will be, whether or not we use it as currency. Gold inevitably (though often delayed) rises in price to match currency expansion because of its nature, not because of anything we have control over. The bull market we are in is only 12 years old, but we went off the gold standard 41 years ago. The bull market is only a small glimpse into the big picture and its basis begins under circumstances where the price was already suppressed, silver even more so, both in order to support petro-dollar dominance. Once this paradigm inevitably shifts they will return to fair value, but not until China buys up as much as possible for discounted prices.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in