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Re: Ron Paul's Creative Solution to the Debt Ceiling Impasse! Wow!! This makes SO much sense! Let's make this guy President!

By: Decomposed in ROUND | Recommend this post (0)
Mon, 04 Jul 11 12:00 AM | 87 view(s)
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Msg. 33730 of 45510
(This msg. is a reply to 33729 by lkorrow)

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re: "Wouldn't deflating M1 benefit all and strentghten the country"

In the long run, yeah. But in the short run, it would boil down to how you're defining the word "country." Savers would benefit, but the shortfall and resultant stronger dollar value would be brutal on those carrying debt, those hoping to incur debt, and those trying to sell goods overseas.




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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The above is a reply to the following message:
Re: Ron Paul's Creative Solution to the Debt Ceiling Impasse! Wow!! This makes SO much sense! Let's make this guy President!
By: lkorrow
in ROUND
Sun, 03 Jul 11 8:48 PM
Msg. 33729 of 45510

Wouldn't deflating M1 benefit all and strentghten the country? It's all funny money, after all.


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