Anyone willing to bet on a devaluation of the dollar when all the debt bubbles burst?
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Anyone willing to bet on a devaluation of the dollar when all the debt bubbles burst?
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09-08-2016, 08:57 PM
Bubbles are slightly inflationary as they devour capital. Busts of bubbles are deflationary.
The ideal subject of totalitarian rule is not the convinced Nazi or the dedicated Communist but instead the people for whom the distinction between fact and fiction, true and false, no longer exists -- Hannah Arendt.
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