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by martinced 4924 days ago
+1...

And seen that unlimited QEs have been announced one can only conclude that our current system is deeply broken.

The probability that it ends up in a really ugly way is far from zero.

I could tell that I'd take the "gold-backed, 5% inflation per year max no matter what" anytime over the unlimited QEs we have now.

We're sitting on a time bomb and it has the potential to change the western world as we know it.