CynicusEconomicus: The World is Changed - We are Starting to see …
Written by admin on May 21, 2009 – 7:24 pm -Even this foundation for the $US is increasingly being questioned, and I have long been writing about the many activities of China in which they are gradually positioning the RMB as the replacement reserve currency . ….. With the massive increases in the money supply in the US and the UK, the question must surely be: why has there been no Weimar-style inflation Read more: CynicusEconomicus: The World is Changed - We are Starting to see … Read More →
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peHUB » Internet Startups Will Destroy The Government
Written by admin on May 21, 2009 – 10:27 am -As a borrower, the government would prefer inflation — essentially paying off its debt through freshly printed currency . In a state of deflation, the government’s monster debt remains the same, but the tax base shrinks as prices and wages …. The government will have to inflate away the threat of deflation and stagflation which will lead to artificially high prices / inflation in a few years at which point interest rates will increase and money supply will tighten until … Read the original: peHUB » Internet Startups Will Destroy The Government Read More →
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