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#17
11-28-2012, 05:56 PM
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Think he is saying if we were still on a gold standard we would be in a deflationary economy.
We are in an inflationary one, and the FED is doing it intentionally, as a part of its job. The theory is that some inflation is good. And since inflation devalues debt expect the inflation rate to go up until the US national debt comes under control. | ||
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