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Tuesday, November 11, 2014

The Dangerous Financial Shenanigans of ISIS

Over a ZeroHedge.com, Tyler Durden notes that ISIS is going back to a "Gold Standard". As usual on that site, the comments are hilarious.

rccalhoun notes

and will isis dare operate on a balanced budget?

And ParkAveFlasher follows up with

and perhaps stoop to deflationary price expectations that are assumed with technological advances?  You mean they won't have to plan obsolescence and artificially slow the rate of innovation to match the inflation curve?  Expansion will be funded by equity?  Absence of counterparty risk?  Self-financing commerce?  State no longer sole intermediary in all transactions?  Diminished demand for usury?  War an act of highest risk?  GODLESS SAVAGES


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