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To: USFRIENDINVICTORIA
If the U.S. continues to use devaluation as a strategy for reducing its international debt obligations

I haven't seen proof of this strategy.

The policies outlined in the Forbes article remain in place.

That wasn't proof of your "debt reducing strategy".

66 posted on 04/23/2015 1:00:46 PM PDT by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: Toddsterpatriot
I simply cited the Forbes article to get you started. There's plenty of other material about the subject on-line. Over the years, I've written numerous posts here about this -- as have several other Freepers. Search on terms like "US devaluation to reduce international debt reserve currency" -- you'll get hundreds of thousands or tens of millions of hits. Limit the search to the "Freerepublic.com" domain name, and you'll still get a couple of thousand hits. I studied this topic in economics courses decades ago (taught by American profs, using American texts, FWIW). It's not a new revelation, and I'm not making things up.

"That wasn't proof of your "debt reducing strategy"."

Perhaps I should have called it a "partial debt default strategy".

73 posted on 04/23/2015 3:09:42 PM PDT by USFRIENDINVICTORIA
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