Gold Fundamentals – Macro Reflation
“Like gold, U.S. dollars have value only to the extent that they are strictly limited in supply. But the U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost.”
Federal Reserve Governor,
Ben S. Bernanke (November 21, 2002)