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Monetary Stockholm Syndrome

January 26, 2017 By Philip Barton

Thursday The policies of President Reagan led to the strong dollar decades.  Did that lead to a mass sell-off of dollars?  Of course not.  People are unwilling to sell things that they believe are going to increase in value. It was only when the value of the dollar came into question at the turn of the 21st century that they began to be sold.  At that time, an ounce of … [Read more...]

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