history cannot be used to judge future prices ..
The fact is when G7 prints money, inflation is everywhere includes Libya/Egypt, the differences are riots/revolution happen in Libya/Egypt while asset inflation hits the rest, since government does not have inflation protected securities, most people will sooner or later must hedge against inflation
There is definitely a limit on how much money G7 can print as sooner or later the bond holders are going to throw in the towels but i think we have not reached that stage yet ... instead we have the US 10y bond yield at 1.92%, Japan bond yield at 1% ... Japan savior is its rich retirees of the past gen, US savior is China, PIIGS savior is Germany ... but the most shaky one looks like is Europe
LONDON (Reuters) - The outlook for the British economy is weakening so quickly that the Bank of England on Wednesday signaled it was ready to pump in more money, potentially as soon as October.
Minutes from the bank's September meeting showed most policymakers believed the stresses of the past month had strengthened the case for an "immediate" return to the policy of quantitative easing.
It also discussed reducing its already ultra-low interest rates .
Ride at your own risk !!!