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The Last, Great Run For The U.S. Dollar, The Death Of The Euro And 74 Trillion In Currency Derivatives At Risk
8 years ago

And yet the $ is doing nothing against the Costa Rican colone! You would think the $ would improve against the currency of a banana republic! I guess we can than thank Bill Clinton for total deregulation of derivatives and turning the US capital markets into nothing more than a casino!

In this article: DIA, SPY, QQQ, JPM, BAC, GS, C, MS, FXE, UUP
Perhaps Krugman’s Grandson Will Understand Government Debt
8 years ago

Krugman also advocates for inflation! Any borrower knows that paying off debt with inflated dollars results in a net transfer of wealth from lender to borrower! Out of control government spending and borrowing is literally sucking the life out of the middle class and the private sector!

Even Krugmans hero Keynes knew that inflation was one of the surefire ways of destroying a nation! The leftists like Krugman won't be happy until capitalism is totally destroyed!

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