Printing money has very negative long term consequences, primarily in dealing with the pricing of assets.
The money printing in the U.S. has not had the desired effect in supporting housing; it has created other bubbles in stocks and then commodities.
Watch at around 2 min and the "expert planners" warn against cutting back on QE2. QE3 is right around the corner. It's no wonder why gold is so high.
Topics: