Publishers balked at Amazon's strategy out of concern that low prices could cannibalize their print sales, set unrealistic expectations in the minds of consumers, and lead Amazon to demand e-book price concessions from publishers.
Furthermore, any attempt to raise taxes, print more money or invent another exotic method of supporting our economy will only lead to even greater inflation or worse, stagflation.
Decisive moves by the world's central banks to print money in order to stimulate the economy is likely to send gold surging, said James Dailey, lead portfolio manager at TEAM Asset Strategy Fund.