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5.0 out of 5 stars
Roy,
By roylopez (usa) - See all my reviews
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This review is from: Coin and Precious Metal Values 2010: Trends, Deals, and Predictions for the Smart Investor (Paperback)
Page 21
"Like gold, U.S dollars have value only to the extent that they are strictly limited in supply. But the U.S. Government has a technology, called a printing press, that allows it to produce as many U.S. dollars as it wishes at essentially no cost.". "We conclude that, under a paper-money system, a determined government can always generate higher spending and hence positive inflation.". This is an interesting book with that reprint of a 2002 speech. Lots of facts about an asset class other than stocks or bonds. "We are all Keynesians now." |
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Coin and Precious Metal Values 2010: Trends, Deals, and Predictions for the Smart Investor by Jim Kingsland (Paperback - February 2, 2010)
$13.99
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