ChrisCook:
But leaving its currency out there for international purposes meant that the country would have to continually buy more than it sold
that's the hinge i don't understand yet. would there be a way to avoid this? it sounds so inevitable, put that way, but is it totally necessary, or just so historically probable as to seem that way? ~Government budget deficits are not nearly as dangerous as the deficits we have created in vital and complex natural systems.~ Naomi Klein.
give us each day our ten tons of wonderbread... ~Government budget deficits are not nearly as dangerous as the deficits we have created in vital and complex natural systems.~ Naomi Klein.
