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Friday, November 12, 2010

Quantitative Easing: At a Certain Point You’ve Made Enough Money

By Reboot Congress:

How can you tell when your money's in trouble? When your betters in Washington create new jargon. There was a time when it was called debasing the currency, then it was called printing money, today it's called quantitative easing: "All three mean the same thing: the government is going to create money to pay its obligations and, in so doing, your money is going to become less valuable."








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