the Fed is not very smart, they really dont have a clue other than to try and prop the dollar at the expense of gold and other influences on the dollar. Its something right in front of them that they cannot understand.
GOLD is the answer to deep recession or depression.
they think gold is deflationary, but what they are doing with debt is much more damaging.
there are 2 things, very simply, let gold run to true value, then make it a standard again.
Run up on gold would produce trillions in dividends in the form of profits, which would filter through the economy and create real growth with real money and not debt induced.
It would create inflation all on its own.
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