Cliff Diving 101: The Race To The Bottom

Precious metals "bugs" have long predicted that the final phase of the hyperinflationary depression would be a "race to the bottom." This race is a currency race, or more correctly a war, where each nation tries to boost its domestic industries by making its exports cheaper. How does it do that? By shamelessly and radically [...]

By |2011-09-06T14:50:11-04:00September 6th, 2011|Economy|0 Comments

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