All the Gold ever extracted is 160,000 tons (in 2009) , The American Debt = 14 Trillion Dollars = 1.8 All the Gold ever extracted in Human History !!! The monetary mass in the US is increasing by 15% a year ! Total gold divided by people in the world gives each of us 23 grams
Tuesday, October 15, 2013
Alasdair Macleod -The Deflationistas Are Wrong
Alasdair Macleod of GoldMoney.Com, discusses:
(1) How the
deflationistas are wrong in regards to inflation. He cites the example
of the Icelandic debt default situation (where they experienced
INFLATION).
No comments:
Post a Comment