Thailand: Not letting a good crisis go to waste – sovereignman.com, October 13, 2011
…This is how the bank ended up with an 80% surge in foreign reserves from 2009– it simply printed new baht to purchase the newly printed dollars.
Thai people are not fooled by this trickery. Unlike brainwashed westerners who believe in their worthless paper, Thai people know that fiat money is a scam. Even the poorest Thais occasionally buy a few grams of gold with whatever savings they can scrap together on expectations of inflation…