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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: John Pitera who wrote (55362)8/6/1999 7:05:00 PM
From: Lucretius  Read Replies (1) of 86076
 
unless the war is w/ us or involves us. in which case the dollar may fall and bonds get obliterated. up until the recent new era, gold got a bid in times of war and bonds were dumped due to the inflationary tendencies of governments involved in war-making such as our recent expenditures in Kosovo. go back and check your history on WWII. the treasury had to guarantee a certain price for the bonds to prevent an inflationary panic
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