Thanks, bull. Perhaps I should have been more clear: I meant that Prechter claimed that the Fed did not actually print any new money. Yet when Prechter said it in the interview, it really sounded as if he truly believed that the Fed did not have any role even in the digital creation of new money. It just caused me to question Prechter's entire understanding of the inflation process. I'll try to find the exact part in the interview again.

I definitely know Puplava understands inflation! He is the one who taught me most of what I know about it!

Thanks,

H