QE prevents deflation. Asset bubbles, college costs, housing supply are all well outside the ability of any central bank to affect. And 2007 gold bugs want thei

QE prevents deflation. Asset bubbles, college costs, housing supply are all well outside the ability of any central bank to affect. And 2007 gold bugs want their talking points back. We very obviously don't need any other country to buy our treasuries and yet they trip over themselves to do so. Nor do we care how oil is priced. Those are barely valid criticisms of USD but USD isn't the only fiat that's been extremely resilient to disruption. EUR, GBP, CHF are all stable through a series of disasters. What do honestly think would have happened if BTC was the standard currency for the last 15 years? We'd be on the barter system by now.