I listened to a podcast that does a great short summary of the mechanical issues with money creation process. In short, banks are generating less credit since 2008 which results is not creating new wealth.
The currency system in place is sick, and no one knows how to fix it. The answer will be more radical central bank actions until the system becomes healthier, or it fails. If it fails, crypto currencies will be the next big thing along with gold.
If failure happens I think it is 10-20 years off. But I would expect continue increase in alternative value stores until then.
In any event consider listening to this podcast, and register to download the free report.
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