It ought to concern every person, because it is a debasement of our common humanity.
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Instead, dollar debasement repels capital and over time, raises prices inflicting a penurious tax on producers.
It is this expectation of global paper currency debasement which makes gold an attractive long-term investment.
The debasement of lending standards for the subprime market soon spread throughout the mortgage markets.
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Devaluationist policies make this difficult because monetary debasement eventually weakens exporter and importer alike.
It is this expectation of paper currency debasement which makes gold an attractive long-term investment for us.
Simultaneously, Brazil has to deal with appreciative pressure on its currency as a consequence of dollar debasement.
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With negative real interest rates, worldwide currency debasement, and inflation being the real threat ultimately, gold still remains attractive.
And as often as economic prognosticators prescribe currency debasement as some miraculous panacea, her question is a good one.
Sadly, dollar debasement has masked a more hidden truth about the health of ostensibly stronger currencies--and the global economy.
They presided over levels of inflation that were seldom seen when money was backed by precious metal, debasement notwithstanding.
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The rarer the commodity, the more it will behave like real money and maintain its value during a currency debasement.
When money is losing value, profits and investment are necessarily distorted, given the impact of monetary debasement on certain goods.
In other words, the entire increase in the price of oil since 1999 can be attributed to the debasement of the dollar.
In addition to continued debasement of currencies by central banks around the globe, physical demand for gold remained very strong last quarter.
Traditionally this is done with currency debasement (which the Fed and the BoE have already begun) or by imposing a haircut on lenders.
Adam Smith warned us about stationary and backwards economies repelling investment, and monetary debasement leads to just that as investors essentially go on strike.
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We can be thankful that the European Central Bank and the Bank of Japan are resistingthe temptation to follow our currency debasement with their own.
Regarding monetary policy, Napolitano correctly sees monetary debasement as another violation of our natural rights, and to fix this, seeks a return to gold-defined money.
America's monetary pooh-bahs still can't seem to distinguish between price changes that result from supply-and-demand and those that come from traditional debasement of the currency.
Many conservatives will doubtless reply that education's debasement threatens our capitalistic, small government way of life thanks to all the "liberal" teachers, but history proves otherwise.
While the G-7 tried to legitimize the currency debasement with this statement, in reality, investors seem to be able to see through to the real motivations.
But the IMF plied its poisonous brew of budgetary austerity, higher taxes and debasement of the currency, particularly after Jean-Bertrand Aristide was restored to power in 1994.
The dollar debasement that the Federal Reserve began in 2004 and exacerbated in the aftermath of last summer's credit crisis is wreaking the havoc history told us it would.
The problem, one regularly ignored by those who believe that monetary debasement is the path to prosperity, is that the foreign importer can ultimately only import if it's exporting first.
Monetary debasement sought by the Monetarist School achieves the same bad outcome for discouraging investors and businesses from committing capital to growth concepts that would increase production, and with it demand.
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Financial intervention broadly: government control of interest rates and money supply, and long-term currency debasement are somehow non-issues even as federal regulation such as Dodd-Frank sweeps across the private financial sector.
What seems to have started as a desire to avoid bad headlines in a country with a history of hyperinflation has led to the debasement of INDEC, once one of Latin America's best statistical offices.
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In truth, the dollar debasement that made housing nominally more attractive served to harm the economy as capital flowed into the unproductive assets of the ground instead of the productive, intellectual assets of the mind.
Therefore, I believe that gold offers protection from central bank currency debasement and that adding a float shrink strategy can help diversify your portfolio and give you exposure to the substantial corporate profit distributions through buybacks.
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