1/12/10

If 2009’s Federal Deficit was about $1.4 Trillion, and Securities Held by the Federal Reserve Rose $1.3 Trillion…?

deficits20bs20monetization

Via Tyler Durden





Nations are not ruined by one act of violence,


but quite often, gradually, and almost imperceptibly,


by the depreciation of their currency through excessive quantity.


 


Nicolas Copernicus



 


Discovered Earth was not the center of the Universe


 


 

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