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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.87+0.4%Nov 11 4:00 PM EST

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To: THE ANT who wrote (145354)1/14/2019 9:30:32 AM
From: Horgad  Read Replies (1) of 217705
 
I would expand that a bit to say printing to pay off debt denominated in your own currency (or just to spend) is not so risky as long as you don't print faster than the reserve currency. (IE coordinate your printing with the reserve currency.)

And I think that has been what is going on now for some time. US prints, everybody follows, keep a lid on gold, currency controls when needed, and everybody is happy. I mean, its hard for a flight to quality to start when there is so few good stores of value and the propaganda machine constantly attacks anything that threatens to start a flight.
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