5 thoughts on “Forbes post, “Risk of Stimulus Spending: Are We Headed Toward Inflation – and Pension Devastation?”

  1. In the late middle ages, currency debasement began to erode the banking system. Local business used silver alloy coins, but international trade required untampered gold (e.g. the Florin). Many banks did not survive this period, since they were required to take debased silver currency at par, and pay their debts in gold. Looks like we are heading down this path again.

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