FOA -. managing the price of gold lower has helped create rapid money supply growth & the lowest interest rates ever seen". That effort has got us this far today without a ccy collapse. The "influence" of low gold created the energy to effect this present state of affairs.
Since gold has been a reliable inflation indicator for at least 4 millennia, weakening its price at a time of soaring oil prices is politically smart. It will help convince economists and central bankers that disinflation or even deflation is still at work, despite rapid money>
supply growth and some of the lowest interest rates the world has seen."
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