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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: TobagoJack who wrote (92961)7/27/2012 1:38:00 PM
From: RJA_1 Recommendation  Read Replies (1) of 217591
 
>>empires have always tried to inflate debt away, but only resulted in deflating the empire away

>>empires do not end in hyper inflation, they end in debt-ly diaper deflation

Jay, do you have historical examples to support this?

I am familiar with Wiemar, and late 1700's France -- both inflationary blowups with severe consequences for TPTB... and more severe consequences for the locals...

What are the deflationary examples, other than 1932 in the US (and the resultant abandonment of the gold standard)?

Where are the examples of empire destroyed by deflation?

Certainly not Rome, which was destroyed by currency debasement (see Armstrong).
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