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Published on Oct 15, 2008
History Repeats: Inflation Weimar Republic Germany , Argentina, The Fed, Printing Money, Economic Stimulus, the Bailout.
Note that a temporary upswing may occur as a result of issuing more debt (as occured in the Weimar Republic), but the long term consequences will lead to the pillaging of our natural resources, infrastructure, and ultimately hyperinflation.
For a perspective on our current political and economic situation you need look no further than Argentina, i.e. generations of technocrats and bureaucrats who favored banks...
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