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Subject:
HES: QUERY -- Fiscal Deficit Phobia
From:
[log in to unmask] (Fred Carstensen)
Date:
Fri Mar 31 17:18:27 2006
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----------------- HES POSTING ----------------- 
 
Responding to Chas' claim that debt-monetization leads to hyperinflation: 
 
Any monetization?  In any context?  For any period of time?  Is the 
empirical record that unambiguous? 
 
Fred Carstensen 
 
 
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