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Despite What You’re Told, There Are No ‘Bubbles’ and Certainly No ‘Fed Bubbles’

Por: Forbes Business November 06, 2022

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It was December of 1994. Mexico did as poorly run countries often do and devalued its peso. Currency devaluation is an obvious economic retardant for it first robbing the citizenry of the fruits of their work, only for its bitter fruits to be felt again via reduced investment that logically shrinks the quantity and quality of work. 1994 is mentioned simply because Washington Post columnist George Will had a meeting with soon-to-be Speaker of the... + full article



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