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  4. Hollund Industrial Marine Inc. (HIMR) Message Board

Good catch alj14.  This situation really bothers

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Post# of 17862
Posted On: 04/14/2013 8:11:51 PM
Posted By: Kgem
Re: alj14 #1920

Good catch alj14.  This situation really bothers me, and I would think others would be concerned as well.  In the U.S. we have a Fed Chief who only knows how to print money, and is determined to do so till the world ends --- which it might.   The printing of trillions of paper dollars is justified, he claims, because he sees no sign of inflation.  Okay.   But why not push for more responsible fiscal policy?   Apparently, he will not, because that would cause conflict with our current Administration.


So if things finally do get out of hand, and we have another inflation cycle like Germany experienced after WWI, the only place safe is gold.   Yet, if countries liquidate there gold reserves, then what?  It appears that the country with the gold takes over.  And, people who have savings can kiss their money good by, because any money you have will be worthless.  I don't even want to thik about the stock market once all this happens.







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