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Prediction is Very Hard, Especially About the Future

 

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  • March 23, 2012 at 12:39 am #1931
    pipefit
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    Another deflationist who apparently doesn’t buy gasoline, food, health insurance, etc. Yes, we’re all aware that the Greek restructuring destroyed $100 billion Euros of capital. And it was immediately preceded by the creation of $1 Trillion Euros of LTRO fiat by the ECB (fed’s little brother, lol).

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