With legacy countries in a state of long-term insolvency, and major banks highly leveraged and with opaque balance sheets sitting on trillions in liabilities, policymakers have resorted to one of the most dangerous solutions in the aftermath of the financial crisis: money printing.

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Complementing the sartorial splendor was a striking dearth of valuable information about his business, such as a study of the local printing market, financial projections or even a business plan.

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Some financial newsletter services have been extensively using 3D printing as bait to attract new subscribers.

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The US has been doing just that this since 2008 and has no qualms to run the money printing presses of Quantitive Easing to keep financial oxygen flowing over its economy.

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Soon after, he brought in Reilly, a financial type who had spent 14 years at a supplier of printing equipment, to help him do more deals.

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The question is, will the ECB continue along this money printing path to stave off the next phase of the financial crisis if the member countries have shunned their part of the bargain?

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The recent investment in gold has been driven by talks of future inflation, the precarious financial health of certain European nations and the U.S., the profligate printing of the dollar, the stubbornly high unemployment rates and huge shadow housing inventories.

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After all there is much anxiety in financial capitols about the future of the Euro as well as the feeling that the almost constant printing of new dollars to keep America running portends a terrible crisis down the road.

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Moreover, printing yen to buy dollars is one way to inject liquidity into Japan's moribund financial system.

ECONOMIST: Currency conundrums | The