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Posted by: truthiness 9 months ago
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truthiness9 months ago
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Recently Obama stated that the limit to our deficit spending was the willingness of foreigners to buy bonds.
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China keeps buying bonds, allowing our govt to devalue our currency through inflation, and then turns around and supports a new world currency with our old rival (and their old communist friend turned capitalist dictatorship) Russia. (at this point I would refer you to Marx's point about forming a central bank)
what a totaly amazing set of coincidences.
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