"That implies that physical goods will retain value against a massive rising quantity of government fiat currency. The message being - hold the physical goods."
Obviously that who ever is saying that has not been reading Dub's reasoning, whose relevant part I am going to quote:
It seems highly likely that, when the crash starts, the Central Banks of the World will create and distribute vast amounts of new ‘money’ in an attempt to keep everything ‘up’. But I’m pretty sure it’s not going to work this time - and stocks, property etc will crash. As there’s nothing I can do to stop it, my one concern at the moment is Will That Then Cause Deflation in the $ ???
His great concern is about deflation not inflation. Actually he could not have been more clear. The next bout of QE, the next trillions of dollars devaluing the already trillions in existence are going to be unable to stop stocks, property and everything else from falling into the abyss of deflation, and when deflation knocks at the door, those who have that cash (those extra trillioooo0ns) are going to become richer.
