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发表于 2010-3-5 04:44 PM
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I read the book you posted couple weeks ago. First of all, thanks for share the book and your thoughts. But one thing puzzles me alot is that all the central banks are working hard and printing. Under this kind of monetary policy, there is just no way deflation can surface. Maybe deflation in term of Gold, but still inflation in term of paper money. And they can do that for a real long period of time, like what Greenspan did and what Japan still doing.
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