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| I just finished reading one of John Burns' Favorite books, "When Money Dies", the story of the German Weimar Republic. IF history repeats itself, massive hyper-inflation COULD lead to TRIPLE DIGIT INTEREST RATES. German interest rates at one time during the 1920's exceded 125%. The FED has no control over the bond market.
Not saying it will happen, but at this stage of the game anything is possible. | |
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