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To: faithhopecharity

“Smallish loaf of bread yesterday 4.79.
Swiss cheese 22.95 a pound. Gas 3.69 a gallon regular, 3.89 ethyl at cheapo station.”

In 2008 it had taken 200 years to print $900 billion. That was all the US money in the world. in 2009 they printed $900 billion more. In 2010 another $900 billion. Then, they added $87 billion a month (quantitative easing.) The value of stuff hasn’t gone up, the value of the money has gone down.


28 posted on 01/03/2014 11:01:12 AM PST by Gen.Blather
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To: Gen.Blather

Yes. The wanton, reckless “printing” of money out of thin air (and the terrible ways it was distributed or “put into circulation”)
has been, in my humble opinion, a criminal raid on the living standard... and savings if you have it...... of every American citizen.

but it gets certain corrupt politicians re-elected....


37 posted on 01/03/2014 11:25:23 AM PST by faithhopecharity
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