“Hence, we are doubtful that the US economy is on the verge of a solid economic recovery. On account of massive monetary pumping, the growth in momentum of various key economic data is likely to strengthen in the months ahead. We maintain this may prompt Fed policy makers to consider curtailing the pace of monetary pumping, and we suggest that this will set in motion a new economic bust.”
I believe this is true... We cannot believe the stats that we are getting... printing money that we cannot back up with gold is an idiot’s dream... and we have one in the wh
We are not on the gold standard anymore and haven’t been for many decades. They can print all the money they want...our money is based on the good faith and credit of the United States, which is a debt system.