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Basically, unless you’re willing to write down debts and save the economy, you’re going to have deflation and a steady drain in purchasing power – that is, shrinking markets.

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Michael Hudson Quote: “Basically, unless you’re willing to write down debts and save the economy, you’re going to have deflation and a steady drain in purchasing power – that is, shrinking markets.”

“Basically, unless you’re willing to write down debts and save the economy, you’re going to have deflation and a steady drain in purchasing power – that is, shrinking markets.”

Michael Hudson

Michael Hudson Quote: “Basically, unless you’re willing to write down debts and save the economy, you’re going to have deflation and a steady drain in purchasing power – that is, shrinking markets.”
Michael Hudson Quote: “Basically, unless you’re willing to write down debts and save the economy, you’re going to have deflation and a steady drain in purchasing power – that is, shrinking markets.”
Michael Hudson Quote: “Basically, unless you’re willing to write down debts and save the economy, you’re going to have deflation and a steady drain in purchasing power – that is, shrinking markets.”
Michael Hudson Quote: “Basically, unless you’re willing to write down debts and save the economy, you’re going to have deflation and a steady drain in purchasing power – that is, shrinking markets.”
Michael Hudson Quote: “Basically, unless you’re willing to write down debts and save the economy, you’re going to have deflation and a steady drain in purchasing power – that is, shrinking markets.”
Michael Hudson Quote: “Basically, unless you’re willing to write down debts and save the economy, you’re going to have deflation and a steady drain in purchasing power – that is, shrinking markets.”
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