Archive for July 30th, 2008

Why the U.S. Dollar Has Lost So Much Value and Will Continue to Lose Value

July 29th, 2008

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Below are the major reasons why the U.S. dollar has steadily lost value for decades now and is now teetering on the brink of survival:

(1) The death of the gold standard in 1971 when all controls on monetary expansion were lifted and no sane controls against unlimited monetary expansions were instituted;

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