The gold bugs missed that. But they were not wrong, even...

The gold bugs missed that. But they were not wrong, even though most of them went broke. In the end, fiat currency regimes are inflationist. Soaring gold over the last year has coincided with the Fed's open acknowledgement that it has fallen off the disinflation wagon, not because it could not help itself, but because it had no choice." ()

Paul McCulley Quote About Bugs, Currency, Fallen, Gold, Help: The Gold Bugs Missed That...

Quotes from famous authors

Popular tags & topics