You have been quoted as saying that all of the money printing will ultimately bring about massive inflation…when do you think this will occur?
Announcer: You have been quoted as saying that all of the money printing will ultimately bring about massive inflation...when do you think this will occur?
Robert Wiedemer: Ultimately, the medicine does become poison and people may be disappointed that medicine didn't immediately become poison or think that maybe that theory is wrong, because it didn't immediately become poison. It's simply not the case, especially with the US government and I should say the US financial economy where it is today. We've had a couple hundred years of pretty good growth and pretty sound management. So you would expect that when it changes, it's not going to change overnight. It takes awhile for the medicine to become poison. That doesn't mean it won't. That doesn't mean it's not already on it's way. It just can take awhile. That's understandable. It doesn't mean it won't become poison. It will. It's simply wishful, or even delusional, thinking to think that mass amounts of money printing won't be followed by more mass amounts of money printing and that ultimately that's going to create a lot of inflation.