fed on deflation

Dennis Robert Redmond dredmond at efn.org
Thu Jun 27 18:26:13 PDT 2002


On Thu, 27 Jun 2002, Charles Jannuzi wrote:


> So, what if the US fails to shore up the dollar
> vs. the euro and the yen and everyone gets out of
> US securities? What happens?

A giant, Swiss-run collections agency will descend upon Washington DC, and refunction the Pentagon into a payments processing center.

-- Dennis



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