2012-10-13 — kingworldnews.com
"It (the inflationary spiral) was in fact delayed for a couple of years. But once it started, it could not be taken back. So here in the United States and in the European Union, there are very few, if any, signs of inflation because people are so concerned (that they are hoarding money).
There is a kind of delayed effect (from all of the money printing), and you want to watch very carefully. If that starts to accelerate, if you begin to see not just the first signs of inflation, but actual acceleration, it will come very fast. Then you have to think about, are you protected? Do you have your money in hard assets?
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