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Cartoon: An accident

Devaluing the US dollar ($) cartoon © Matthew Buck Hack Cartoons

© Matthew Buck Hack Cartoons

One of the most popular ways for national governments to deal with the massive debts left to them by the work of the financial industry is devaluing the national currency. The New York Times newspaper has a very good article explaining some the choices facing America (and the rest of the world) as a result. The last four paragraphs, looking to blame and the future, ring particularly true to me at the time of typing.

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