Re: borodog\'s mistaken understanding of M3...don\'t listen to his drive
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on the other hand, there are circumstances that can exist where the "printing of money by the fed" doesn't devalue the dollar.
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These circumstances are all shortsighted. It's delaying greater future good in the name of patching an immediate problem.
It's like saying there are instances where preemptively attacking people makes us safer. In some sense, with the right spin, sure. But the simple point is that the long-term consequence will always outweigh it, no matter how elaborately you try to justify things.
You're trying to create value out of thin air. That probably comes off as nothing more than a Ron Paul talking point to you, but really, that's what you're doing. How can that possibly have any long-term EV??
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