Every one of the Austrian, hard money, gold bugs,' debt freaks,' arguments are being decimated left and right.
Yesterday I showed you how there has been NO correlation between the rise in Federal debt and interest rates. A couple of weeks ago I showed how the dollar has gone UP since the Fed embarked on all its extraordinary monetary measures, which added several trillion in new reserves.
Now take a look at this.
Here's REAL money printing--the Federal debt--which increased by 2000% since 1980. THAT'S money printing! And look at what the Consumer Price Index...IT WENT DOWN!