{"id":571319,"date":"2010-05-19T21:56:23","date_gmt":"2010-05-20T01:56:23","guid":{"rendered":"http:\/\/www.businessinsider.com\/bill-fleckenstein-the-only-difference-between-the-us-and-greece-is-a-printing-press-2010-5"},"modified":"2010-05-19T21:56:23","modified_gmt":"2010-05-20T01:56:23","slug":"bill-fleckenstein-the-only-difference-between-the-us-and-greece-is-a-printing-press","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/571319","title":{"rendered":"Bill Fleckenstein: The Only Difference Between The US And Greece Is A Printing Press"},"content":{"rendered":"<p>Bill Fleckenstein was on Bloomberg today talking about the big issues of the moment: deflation, inflation, gold, Greece, and the US dollar.<\/p>\n<p>It&#8217;s a great interview that shines light on some important ideas, most notably the false dichotomy between deflation and inflation.<\/p>\n<p>While the CPI shows deflation, this is essentially a green light for the Fed to print money like there&#8217;s no tomorrow, and it&#8217;s that money printing (not price inflation, per se) that he&#8217;s looking to make money. Gold is just one way of doing that. And as long as we have deflationary scares, the Fed will keep printing money.<\/p>\n<p>As for the US dollar, he&#8217;s not a fan, and notes the only difference between the US and Greece is that we have a printing press. (Via <a href=\"http:\/\/pragcap.com\/fleckenstein-inflation-is-coming\">PragCap<\/a>)<\/p>\n<p>\n<object width=\"480\" height=\"385\"><param name=\"movie\" value=\"http:\/\/www.youtube.com\/v\/JZPQgcpLFMo&amp;hl=en_US&amp;fs=1&amp;\" \/><param name=\"allowFullScreen\" value=\"true\" \/><param name=\"allowscriptaccess\" value=\"always\" \/><embed type=\"application\/x-shockwave-flash\" width=\"480\" height=\"385\" src=\"http:\/\/www.youtube.com\/v\/JZPQgcpLFMo&amp;hl=en_US&amp;fs=1&amp;\" allowscriptaccess=\"always\" allowfullscreen=\"true\"><\/embed><\/object>\n<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/bill-fleckenstein-the-only-difference-between-the-us-and-greece-is-a-printing-press-2010-5#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/b6SknATFW-A\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bill Fleckenstein was on Bloomberg today talking about the big issues of the moment: deflation, inflation, gold, Greece, and the US dollar. It&#8217;s a great interview that shines light on some important ideas, most notably the false dichotomy between deflation and inflation. While the CPI shows deflation, this is essentially a green light for the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-571319","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/571319","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=571319"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/571319\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=571319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=571319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=571319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}