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The American Empire in a Changing World



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Tuesday, April 17, 2012

''Got a crisis? Roll the printing press–get ready for the age of bad money''

From Jubakpick.com

"I’d suggest that we all brush up on Gresham’s Law, the 16th-century description of what happens to strong currencies when they meet up with bad money. In a nutshell Gresham’s Law says that the bad currencies win. Figuring out what to do about that is important as investors head into an era of bad money as far as the eye can see."

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