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<p>[QUOTE="Publius2, post: 6962795, member: 105571"]It's more European currency deflation. They've been charging retail and business customers for the privilege of parking their cash in their banks and for buying their national debt instruments. This is the latest step - cash with no purchasing power whatsoever. They did it in the '30s with inflation, now they're using deflation.[/QUOTE]</p><p><br /></p>
[QUOTE="Publius2, post: 6962795, member: 105571"]It's more European currency deflation. They've been charging retail and business customers for the privilege of parking their cash in their banks and for buying their national debt instruments. This is the latest step - cash with no purchasing power whatsoever. They did it in the '30s with inflation, now they're using deflation.[/QUOTE]
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