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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Peter Dierks who wrote (470396)2/7/2012 1:42:51 PM
From: DMaA  Read Replies (1) | Respond to of 793670
 
It is not a byproduct of fiat money. The Fed could enact policies that ensured a stable currency for whatever reason they refuse. Plus remember their mandate is also to ensure full employment. I believe the two mandates are impossible to achieve simultaneously especially with the out of control legislature.



To: Peter Dierks who wrote (470396)2/7/2012 2:10:26 PM
From: ManyMoose1 Recommendation  Respond to of 793670
 
Speaking of 'fiat', I heard on the radio that the company that sponsored the infamous Clint Eastwood Superbowl commercial is 59% owned by Fiat. Much of the rest is owned by unions.


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