Tuesday, March 5, 2013

Jim Sinclair - QE to Infinity is the Only Tool They Have

"When I said, QE to infinity a long time before anybody else got that idea into their mind, I did it because there was only one tool in any central banks’ tool box that could create infinite amounts of money in a computer instant. And that would logically indicate that if what I expected to happen happened, then QE would be used, and ‘to infinity’ means until it no longer functions.

Infinity is only one control of QE and that’s the dollar in US activity. So as long as the dollar, because of currency wars, can remain even as a mirror image, looking not so bad, QE can continue to any amount.”

- Jim Sinclair via a recent King World News interview, read the full interview here: