"There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose." Lord John Maynard Keynes (1883-1946), renowned British economist.
DEFINITION OF INFLATION:
Inflation is the loss of constant purchasing value of the dollar,
caused by an increase out of 'thin air' of the supply of money and debt creation by the financial system
http://www.investmentu.com/IUEL/2005/20051212.html
See this site for linkage of gold and inflation
After the current washout by hedge funds and forced liquidation by margin clerks I think there will be a huge rise in the price of gold. I will wait for confirmation by my usual signals.
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