Comments by "Ray Bod" (@raybod1775) on "Bank of America Says Gold Will Hit $3,000 an Ounce" video.

  1. Right now, looks like the Federal Reserve and Federal government will likely create money equal to about 20% of pre-crash GDP, that's a lot of money. Deflation will not be the problem, inflation will be the problem starting later this year.
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  2. Deflation may already be over with the trillions the Federal Reserve and Federal government are creating.
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  3. The corporations with too much debt load will declare bankruptcy. The Federal Reserve will take the loss, first with junk bonds, which means the debt disappears and no lender takes the loss. Hello inflation.
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