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To: Kaslin

Hyperinflation is out of the question, unless and until we are defeated and occupied by our creditors.

Renunciation of the debt is obviously going to happen, likely soon. When in history has a sovereign power, free to choose its course, not done this?


5 posted on 09/30/2013 12:46:25 PM PDT by Jim Noble (When strong, avoid them. Attack their weaknesses. Emerge to their surprise.)
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To: Jim Noble

Hyperinflation is possible with the collapse of the petro dollar. If the Kingdom decides it will accept gold for oil, the dollars will come screaming back to the US.

That would not be pretty.


17 posted on 09/30/2013 12:58:12 PM PDT by Vermont Lt (Quis custodiet ipsos custodes? Who will watch the watchers?)
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To: Jim Noble
Renunciation of the debt...

Why not renounce the debt owed to the Federal Reserve? The feds digitize some more money, and say it's bonds owed to the Federal Reserve? I'm sure those mysterious shareholders will still be multi-billionaires without it.

33 posted on 09/30/2013 3:17:22 PM PDT by grania
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