Currency Devaluation and House-Swapping: A Symphony in Two Movements
Sep 5th, 2007 | By Whiskey Contributor | Category: Commodities
An insidious contribution of currency devaluation is the destruction of work habits. This was true in the 1970s; it is obvious today. In the disco decade, the belief that currency devaluation would improve America’s industrial economy proved false. The Heartland reinvented itself as the Rust Belt and Americans found other ...read more
