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| User Info | Pillars of deflationists' arguments disputed; entered at 2007-12-01 20:13:48 | |||
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Nothing Posts: 4382 Registered: 2007-09-13 Russian River Appellation
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The wealthy folks and Funds, who supply money for the Bankers to originate into debt/money, are already saying "no mas" due to risk and potential devaluation, it does not take much imagination to see what will happen to money supply, for debt originations private and public, when the first money center bank goes TU and potential depositors not only hang onto their money...but, line up to withdraw. Add that lack of money being created to the amounts disappearing, from debt default and redemption, and the scarcity and resulting revaluation of existing money in circulation will be obvious. Last modified: 2007-12-01 20:20:20 by nothing
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