But
first, here is what Rule had to say regarding QE and the inflation/deflation
debate: “A few things are on my mind right now, Eric. Recent statements
by both Draghi and Bernanke, suggest to me the inevitable fact, and near-term
inevitable fact, that both the European Central Bank and our own central bank
officials, will be engaged in what they call some form of quantitative easing.
This is what we would call counterfeiting.”
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