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April 16, 2013, 08:54:28 AM |
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I think that's always been the case, you only need to look at the arguments that Peter Schiff has had with all the establishment neo-keynesians to understand why the dollar is so fucked compared to the rest of the world. That said, I think the euro and pound is still going to be hyper-inflated to hell because the people over here would rather run their respective currencies into the ground than admit they were wrong and let the problem fix itself. We still have hyperinflation going on and we still have runaway spending, I think for whatever reason though the corrections are hitting us first rather than the Americans who will probably get it last.
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