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06-10-2018, 10:31 PM #28
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Well, thank you! But I don't think our country would be 22 trillion dollars in debt if we hadn't broken away from the gold standard. But that allowed government to print more dollars than we had backed by reserves. And that allowed government to deficit spend like a person using one charge card to make payments to another charge card, until the interest gets to be more than they make and they end up bankrupt. You can live high on the hog until fate catches up to you. And that is where inflation is taking this country.
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