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Richard Wellings
24 June 2009
2 comments

The last decade has been marked by a combination of low savings rates and high debt levels in both the USA and Britain. Indeed in 2005, the savings rate in the US reached zero, while 13 million...
Kristian Niemietz
11 December 2008
16 comments

The online edition of the Handelsblatt, a major German business newspaper, recently featured an op-ed blaming government-created ’fiat money’ for the current financial crisis. It...

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