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Disappearing Money & The Great 'Flation Debate

Saturday, August 30, 2008, 4:40 PM
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Saturday, August 30, 2008

Here are two recent reader emails and my responses to them. The first asks the question, "Why does money have to disappear when debts get paid down?" and the second asks why I favor an inflationary outcome over a deflationary outcome. Since I think each of these reflects a possible source of broad interest, I decided to give them full responses and turned them into this weekend's report.

 

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