01-11-2010, 11:06 AM
Well the government (and the FED) secretly WANT tons of inflation, they just can't say that. But inflation is the only way they can meet their debt obligations. They need the dollar devalued so they can pay off their debts. And it's working great for them so far because we are getting plenty of inflation and the market is absorbing it. But that can't last forever. That's another thing Schiff is always fond of saying: if you price the stock market in dollars, you get some middling return numbers, but if you price the market in gold, the stock markets have NEVER made positive returns.