QE - Like Currency Debasement in the Roman Empire

As the crisis in the Eurozone continues to linger, central banks globally continue to use Quantitative Easing - QE or the printing of new money - in an effort to stabilize the economic situation. As Amrose Evans Pritchard pointed out in an article in the Daily Telegraph, the UK and US have used QE to inflate away some of the debt, which is a form of stealth default. Interestingly enough, this is not only a modern phenomonon, as currency debasement has occured as far back as the Roman Empire. As investors, all one can do to combat Governments' use of QE is to invest in "hard assets" such as farmland investments and timber investments as a hedge. Feel free to contact us at info@greenworldbvi.com to learn more.