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Old 02-18-2011, 14:38   #5
olhamada
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Join Date: Sep 2007
Location: Nashville
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Quote:
Now comes Ireland. In news reports that have thus far not attracted much attention, the Irish Central Bank has been printing euros out of thin air to prop up its ailing banks. The whole of Europe will pay for this action, as the result will be increased euro-zone price inflation.
You mean like the US Treasury is doing? $600B in the latest "Quantitative Easing" effort.
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