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Rudd & Key gamble on a fix

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  • Rudd & Key gamble on a fix


    From: http://www.youtube.com/watch?v=fSMc05nTyY4
    Free business resources - www.BusinessBlogsHub.com

  • #2
    Ludwig von Mises

    If the practice persists of covering government deficits with the issue of notes, then the day will come without fail, sooner or later, when the monetary systems of those nations pursuing this course will break down completely. The purchasing power of the monetary unit will decline more and more, until finally it disappears completely.
    On the Manipulation of Money and Credit.

    p 5 Deficits

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    • #3
      Life On Mars

      The various "stimulus packages" are a complete illusion. The fact is that the US, UK, Chinese, AU etc. governments do not have the money to fund the packages, so they have to borrow it. From where? The US, UK, Chinese, AU etc. governments.

      Unless there's money on Mars.

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