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Tenchu

03/08/09 4:31 PM

#77208 RE: Elmer Phud #77182

Elmer, > I haven't mentioned inflation.

#msg-36129095

> How much inflation have we had since the 70s? Gold has gone nowhere even before adjusting for inflation and even in the face of a staggering financial crisis.

So what do you think? Deficits don't matter? The Fed can keep printing money to prop up bubbles and "create jobs"?

Tenchu