The Populist
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- March
- 21
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on Saturday, March 21st, 2009 at 12:36 pm by Matt Davies.
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Creating $1 trillion does not mean that there is a possibility of triggering inflation, it IS inflation. Whenever you increase the money supply, you instantly inflate the currency.
actually you are deflating the value of said currency. because lets face it, just what is backing the money? it used to be copper/silver/gold.
So just what is backing our money? or yeah fiber and ink.