its not the government printing persé.
It's printing in general
What we see is just a repeat of history. Even in 1870 there was speculation by Joe Plumber. In Austria (big land at that time) because of increased irrigation and allot of other advances grain production severely increased and led to a huge economic development. However banks started to lend too much credit AKA print too much fake money, and in a few years a building in vienna was worth as much as 10 buildings in say london. People started too speculate too much in buildings.
This house of cards came tumbling down when America had finished it railroads and started exporting more and more grain. Eventually austria losts the export race with america. This was the biggest depression in history.
See my point, 1930 was biggest depression in history. but before that something else was.
It's very likely 2030-2050 will be biggest depression in history once again.
History repeats itself. When the common man starts speculating there will be a huge boom and subsequently should be a bust.
this time it started in 1980 with the IRA, this is connected with the baby boomers. It's all connected. This boom lasted over 30 years already, with small recessions in 2002 and 2008. The bust may be as big as the Japan bust, but worse, because there's nowhere to export to
Once the baby boomers retire that's when it really happens. ITS ALL CONNECTED! EVERY time common man speculated and it is connected with a big boom, there was a bust in history
