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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Little Joe who wrote (87795)10/6/2008 2:29:57 PM
From: Elroy Jetson  Read Replies (1) of 116555
 
The US can easily do a hyper-inflate by having a one year tax holiday - just so long as the Treasury can find buyers for their paper to keep the government running.

Of course this will make the downturn worse and longer lasting.

This certainly wouldn't please those laden down with debt to minimize their tax burden - but it would appear to be a good deal for savers, apart from the currency debasement.
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