inflation is a real danger and you will sell me your gold? get a grip and make up your mind.
i rather enjoy inflation, and am equally comfortable with deflation, however twisted and defined.
we have been inflating the fiat money supply and so pushed various asset to unsupportable highs in terms of paper money ... a good and enjoyable process, and even better, gold money supply is not keeping pace with fiat money gush, and so we have the mathematically necessary monetary adjustment by boosting gold's worth in terms of paper currencies, i.e. relative deflation of gold money supply, also a good happening.
we have had a lot of things deflate against gold, a comfortable happening, i.e. gold owners looted from folks without gold, all by mutual consent, and democratically as well as electorates voted for the sort of spendthrift policies to boost the worth of gold owners.
surely you are not objecting to the idea of democracy, and are not trying to over turn agreements made by mutual consent?
or are you like cb ilaine, trying to help the bankrupt spendthrift not good for their words lootees renege on obligations
as to answers, i found an answer, told you enough times, but you are not believing the answer.
btw, what price will you sell me your gold for? |