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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: LTK007 who wrote (253780)6/12/2010 1:46:00 PM
From: patron_anejo_por_favorRead Replies (1) of 306849
 
Governments have always resorted to Bernie Madoff economics, Max. That's what fiat money is all about, it's a giant pyramid scheme in slow motion. Why do you think that great big pyramid with the eye is on the back of the Clownbuck? Print more than you produce every year, so that economies see "growth" (and growth is ALWAYS good, right). Devalue the currency bit by bit so that future generations always get stuck with the tab. That's why fiat currencies usually don't have 100th birthdays......ours may be an exception, but just barely (it's value is already down to 6% of what it was when the Fed started their dirty work in 1913).
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