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News Link • Currencies

Disemboweling The Logic Behind Europe's Bailout Fund

"Either so much money is printed or created and thrown at people to actually cover their insolvency with waves of free money and waves of liquidity that we end up with fiat currencies being completely devalued in the eyes of people and gold at something like $7,000 an ounce, or alternatively... eventually the governments will default on their debts."

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