The American Empire in a Changing World


Monday, October 15, 2012

''Money printing is the only thing keeping the system afloat''

From GoldMoney
By Alasdair Macleod

''We are in the eye of a financial storm, for which the only solution – other than mass default – is an accelerating supply of money. Deteriorating financial conditions in either government, banks, private sector or securities markets are almost certain to trigger a run on the others. And that is why a far larger figure than QE3’s $85bn per month may be required to keep the system afloat.''

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