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To: TigerLikesRooster
...quoting Ernest Hemingway who said, “The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring permanent ruin.”

Most difficult paradigm to extinguish is 'short term gain - long term disaster'. Alcoholism, drug dependency, bullying, compulsive gambling etc... all fall into this category. Feels good in the short run - destroys in the long run. Farber's right - the piper will be paid.

6 posted on 03/31/2012 9:32:56 AM PDT by GOPJ (Democrat-Media Complex - buried stories and distorted facts... freeper 'andrew' Breitbart)
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To: GOPJ; ctdonath2

It always ends in a variation on this theme. There is no way the debt can be repaid, so the currency must be crashed, and a new currency regime installed. The trick for the PTB is to massage the transition, so that they again wind up on top of the new currency regime. Land and gold are two traditional bridges between the old and the new.


13 posted on 04/01/2012 4:39:17 AM PDT by Travis McGee (www.EnemiesForeignAndDomestic.com)
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