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mlsoft

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mlsoft

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Re: veloyt post# 200815

Thursday, 11/04/2010 12:51:46 PM

Thursday, November 04, 2010 12:51:46 PM

Post# of 447835
veloyt...

Good post, and an accurate take on QE2, which is a disaster intended to stop deflation by quickly creating new asset bubbles. One problem is that few folks understand that only investments such as gold will protect them longer term, but the real problem is that in a global economy, much of the QE2 proceeds will go overseas to create asset bubbles there rather than here. It will be a massive outflow of $US taxpayer dollars from the US to foreign economies.

mlsoft

"As for me and my house, we will serve the Lord" -- Joshua 24:15

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