More Monopoly Money… |
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If you think the biggest cost of the $700-billion bailout package is going to be higher taxes down the road, you're wrong. The biggest cost is going to be the sheer destruction of the purchasing power of your money, an outright devaluation of the dollar that's going to occur, no matter what. Don't get me wrong. I am not against the bailout package. It had to be done. We can debate free market philosophy for the next 100 years. We can debate the details of the package, too. But in the end none Read More...
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