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Message: <blockquote data-quote="TANSTAAFL" data-source="post: 4282869" data-attributes="member: 27098"><p>Looks like this topic has gotten back on it's feet again. Theme is credit, insolvency, inflation, high interest rates on loans. All is tied together. Inflation is the uniting factor. When was the last time the US had a deflationary period? Believe it or not we have way back with a precious metals standard. Now why do we have inflation? Only way to pay back debts and issue bonds at higher rates. When you have paper backed by paper, or by a central bank, inflation is necessary to maintain solvency. In the FED's mind, everything is okay, how else could they lie so easily?</p></blockquote><p></p>