tag:blogger.com,1999:blog-5936637281134795592.post8972712697803069204..comments2024-03-08T08:55:52.985-08:00Comments on Whispers from the Edge of the Rainforest: QE... do the math.Unknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5936637281134795592.post-14598179375764929662010-12-28T15:06:06.565-08:002010-12-28T15:06:06.565-08:00Thanks pipewrench. Link should be fixed now.Thanks pipewrench. Link should be fixed now.Whispererhttps://www.blogger.com/profile/03524022285962626228noreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-2432004746512141332010-12-28T14:37:10.489-08:002010-12-28T14:37:10.489-08:00totally agree with what you are saying.
debt clo...totally agree with what you are saying.<br /><br /><br />debt clock link is broken by the way.Anonymoushttps://www.blogger.com/profile/12109140436878091821noreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-84321153935740603202010-12-28T13:15:09.143-08:002010-12-28T13:15:09.143-08:00It is difficult to even comprehend what continued ...It is difficult to even comprehend what continued QE means for the average person in Canada. <br />I thought things would be relatively quiet between Christmas and New Years, however gold and silver are up strongly today and oil continues it's march to $100/barrel. In addition, commodities have gone apeshit in 2010.<br />Yet, the deflationistas continue to pull excuses out of the air as to why commodities and precious metals are rising. They tell us that gold is not an inflation hedge, or that commodity increases are only the work of speculators. Well I would like to ask them, who in their right mind would not speculate in commodities given the insane amount of money printing? Of course, they say that the trillions in money printing is much less than the trillions lost in asset values and credit. However, they ignore that the massive money creation will not necessarily find it's way back into say real estate, but will go to real assets, that were not just pushed up in value by the biggest credit fiesta in world history. Naturally, new money today will move into stores of value. Sure, had the bailouts and QE to infinity not occurred we would have deflation and depression. Instead we get cost push inflation and a hyper-inflationary depression, which provides the added bonus, above a debt depression, of killing the dollar. The Ben Bernank will go down in history as the biggest financial fool. This brings up the question; who does he work for?Anonymousnoreply@blogger.com