" The alternative to that is major global depression, which by the way would be the RIGHT thing to do fiscaly speaking. "

Are you sure? I was around in the last " great depression " and hope I am not around for the next one. Although, I'd like to see how you in the younger generation would handle it.

Speaking from my vantage point, this printing of money isn't as bad as some make it out to be. Just suppose they did not print more money except that which could be covered by gold. There would be a very bad shortage of currency since the population has exploded to the upside. If we stopped killing each other it would be even worse.

So I do not see gold running away like many of the " gold bugs " expect it to. Gold will go higher in price like everything else does eventually. But it has been lagging inflation for a long time. There might be a valid reason for that.

The printing of money is a neccessary evil, I suppose, just like governments. I must say I like today's economy better than the 1930's version, but I also notice we still have " street people " in spite of more printed money. I'm not saying I have the answer either. I doubt anyone has.

I hope my rambling doesn't offend anyone................. I'm still trying to figure this old world out.