How well will Bernanke’s new “sterilized QE” idea work to support the bond market while reigning in inflation? Not well at all. Let us count the ways (and the unintended consequences)…
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A 19th C. Platinum Price Chart, in Pounds Sterling
by a Wall Street Examiner •
(Forgive me if I already added this elsewhere, it’s not visible in My Posts.)
Here’s a 19th Century price chart for UK inflation, the UK Metal Index, Platinum, Gold & Silver prices. Given the distortion of a Mint Price & Gold Standard, I believe that…