Is it the end? Basically. In a way. In this **QQ**creature**Q**s**QQ** current form. Mish concludes today**Q**s blog post like this:
http://globaleconomicanalysis.blogspot.com/2009/03/bernankes-grand-experiment-continues.html
The End of Bretton Woods II
Bretton Woods II is on its last legs and cannot possibly survive. The only thing we do not know is the timeframe. The global monetary system could collapse next month, next year, or central bankers might manage to keep it together for another five years.
Meanwhile the Grand Experiment Continues. And as central bankers worldwide continue their coordinated competitive currency debasement silliness, one beneficiary is likely to be gold.
