The consequences of printing unlimited number of fiat money
By Daniel at 14 October, 2008, 3:01 pm
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When the Anglo-Saxon central bankers print unlimited number of fiat money out of thin air it’s called “financial stabilisation, coordinated liquidity injection, bailout package, etc…But when Zimbabwe prints unlimited number of their currency, they are called a banana republic.
I still see a lot of companies reporting a lot worse than expected EPS and more jobs are going or will go….
Now with all the money they pumped in the system, are we going to see inflation going up and another rally in commodities?
Now that would really seal the deal: if oil starts running again, I think we might all very well pack and move to Mexico.
Now, that would be neat after years and years of Mexicans coming to the US, now the US go to Mexico.
After all you can still buy a beachfront how for 7500$ down there, in the right spot, then you open a nice Restaurant and you set for good.
Anybody wonna jump in? I am raising capital…’
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