From Daily Reckoning Australia
''The popular press cheers the QE campaigns as "good for the economy." Maybe yes, maybe no. But one thing is certain; the QE campaigns, like all other forms of currency debasement, are not so great for the US dollar's purchasing power.''
''The QE campaigns, like all other forms of currency debasement, create illusions of wealth-generation, while quietly dragging an entire nation to the bottom of the sea.''
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