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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: SouthFloridaGuy who wrote (73223)10/30/2006 4:24:45 PM
From: Mike Johnston  Read Replies (1) of 110194
 
Normally, a central bank cannot recklessly print money, if it does not want to destroy the currency. However these days all of them are printing money and all currencies are being destroyed.

In addition some excess dollars are absorbed into foreign reserves which postpones the day of reckoning.
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