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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: NucTrader who wrote (392898)8/21/2009 4:04:45 AM
From: Real Man  Read Replies (1) of 436258
 
In modern days Keynesian response fails in a currency run fashion,
as debt contraction spreads to the key unit of debt, the government paper
and the currency. The dollar is not gold, it's the Fed's debt that pays
Fed funds rate.
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