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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: longjonsilvers who wrote (29942)	4/3/2005 10:35:17 PM
From: SouthFloridaGuy	Read Replies (1) of 110194

Of course this can be done. And then we can rename the United States "Zimbabwe". It can't and won't happen in a Democratic society, particularly the United States. That's why Deflation is inevitable, unless I suppose the world grows much faster than us and support our spending habits to infinity. Current US Monetary policy is completely predicated upon the US being a super-power and the dollar as the only reserve currency. What nation could cut its interest rates to near 0 in the misdst of massive budget and trade deficits? Historians will laugh at our hubris.

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