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Monday, August 22, 2011

I dont believe a single word of what the Bureau of Labor Statistics is printing about inflation figures


Marc Faber : “Weak economies usually have higher inflation rates than stronger economies,” . “In weak economies you have loose fiscal policies and money printing. And the U.S. is the world champion in loose monetary policies. I don’t believe a single word of what the Bureau of Labor Statistics is printing about inflation figures. “Paper money has lost its value,” “Hyperinflation is the pattern to come.” - in ibtimes.com



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