Wednesday, March 3, 2021

Tag: INFLATE AND DIE – STOCK COLLAPSE AND GOLD SURGE IMMINENT

INFLATE AND DIE – STOCK COLLAPSE AND GOLD SURGE IMMINENT

by Egon Von Greyerz, Gold Switzerland:

“Inflate or die” was coined by the legendary and extremely wise Richard Russell of Dow Theory Letters. He understood the necessity, as well as the curse, of permanent central bank money printing already at the beginning of this century. Richard died in 2015 so sadly he didn’t live to see how right he was.

After three decades of massive money printing and credit expansion, “inflate or die” has artificially kept the world economy going. But we are now in the 2020s moving in to the next stage which will be INFLATE AND DIE. Because, as stock and credit bubbles implode and money printing accelerates, the world will soon realise that not only is the freshly printed money worthless but also most of the manufactured money from the last 20 years.