John Adams: Nightmare Begins as Australia Prepares to Launch QE

• As Good As Gold Australia
  In this compelling interview, Darryl and Brian Panes speak with Chief Economist, John Adams. Australia it seems is now about to embark on QE (Quantitative Easing) and explore negative nominal interest rates. It hasn’t worked anywhere else in the world. So why should it be any different for us? Here we go again – it’s history repeating itself. Governments printing excessive amounts of currency, resulting in runaway inflation, a loss of confidence in the currency, hyperinflation, and ultimately, an abandonment of the currency. Australians now have little choice left, other than to flee the Australian dollar and the commercial banking system, and accumulate proven forms of money that have stood the test of time. Physical gold and silver remain the ultimate form of insurance, and store of value.

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