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To: Always Right

The Fed can't keep printing dollars and increasing the money supply by over 10% per year and not expect the dollar to fall in the long run.


6 posted on 02/11/2005 7:09:49 AM PST by FightThePower!
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To: FightThePower!
The Fed can't keep printing dollars and increasing the money supply by over 10% per year and not expect the dollar to fall in the long run.

The money supply does not increase 10% a year. Closer to 5%. If you like Euros so much, by all means invest in them. I happen to have much more confidence in the health of our economy then theirs. But if you perfer to bet on left-wing socialism, more power to you.

14 posted on 02/11/2005 7:38:58 AM PST by Always Right
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To: FightThePower!

agreed. 4.5 times more money than 1980. Anyone think our economy is 4.5x bigger. NO! Thanks Alan.


18 posted on 02/11/2005 11:40:54 AM PST by Jack Black
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