How many times have we heard these ridiculous inflationists tell us that all the "money printing" by central banks GUARANTEES that inflation is just around the corner?
In the past four years the world's five major central banks: Fed, ECB, BOJ, SNB, BOE have "printed" over $5 TRILLION. And guess what?? Commodities and gold are collapsing.
Here's the breakdown (all figures in trillions $)
Total = $5.36 trillion.
Not to mention the record deficits everywhere--in the U.S. Europe, Japan, etc.
But don't worry...it's coming!
What a bunch of dopes.