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http://mhpbooks.com/books/debt/?id=308 Claims money was established by kings/states. Denies that barter was the start of money. So far this book has glowing reviews (mostly from socialists) but does anyone who has read it know how accurate his claims are?
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The US government paying off the national debt by borrowing more money, and/or printing more US bonds and selling them. This is an over simplification, but when these existing US bonds come due, the US government redeems these bonds with US dollars that are raised by selling more freshly printed new...
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It's very difficult to find an explicit description of the entire process. I think I understand the story, but I want to run this by you guys to see if you spot any errors: The Process of Monetization of the Debt (1) The US government runs a deficit and borrows money by issuing bonds that must be...
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http://www.moneyandmarkets.com/the-g-20s-secret-debt-solution-27996 As someone who studies Austrian economics I am still very much a rookie especially when it comes to monetary manipulation by governments. This article is someone explaining what he thinks the major governments of the world are up to...
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I was having an arguement with this person saying that people have a misconception about inflation because they think that inflation will rob him of his purchasing power of his hard earned money. So that when the prices rises, your dollar will buy fewer goods so it might seem that it lowers living standards...