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<title>The ECB vs. The Inflation Monster (Trees And Things)</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853</link>
<description>The European Central Bank wants all the good little boys and girls of Europe to know that it is still fighting the good fight against the Inflation Monster.</description>
<language>en-us</language>
<pubDate>Thu, 12 Jul 2012 12:24:17 GMT</pubDate>
<lastBuildDate>Sat, 14 Jul 2012 09:07:05 GMT</lastBuildDate>

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<title>Otto Maddox: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#41</link>
<description>Yeah.&#x3C;p&#x3E;&#x26;#10;&#x3C;i&#x3E;I have to ask - if you believe printing or borrowing money causes inflation under all circumstances, why has the US had such a low rate of inflation since 2008? &#x26;nbsp;Or Japan since 1990?&#x3C;/i&#x3E;&#x3C;p&#x3E;&#x26;#10;Now he&#x27;s just messing with him.</description>
<pubDate>Sat, 14 Jul 2012 09:07:05 GMT</pubDate>
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<title>HidingFromGoro: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#40</link>
<description>&#x3C;em&#x3E;I don&#x27;t think our current tax structure is particularly efficient. Do you?&#x3C;/em&#x3E;&#x3C;p&#x3E;&#x26;#10;The current tax structure is remarkably efficient if you&#x27;re a &#x3C;a rel=&#x22;nofollow&#x22; href=&#x22;http://thinkprogress.org/economy/2011/11/03/360185/30-corporations-no-taxes/&#x22;&#x3E;Fortu</description>
<pubDate>Mon, 9 Jul 2012 01:27:24 GMT</pubDate>
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<title>zyxwvutsr: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#39</link>
<description>&#x3C;blockquote&#x3E;&#x3C;i&#x3E;Doesn&#x27;t really explain increasing income inequality...&#x3C;/i&#x3E;&#x3C;/blockquote&#x3E;I don&#x27;t think our current tax structure is particularly efficient. Do you?&#x3C;p&#x3E;&#x26;#10;&#x3C;blockquote&#x3E;&#x3C;i&#x3E;...or regulatory capture...&#x3C;/i&#x3E;&#x3C;/blockquote&#x3E;I suppose it explains regulatory </description>
<pubDate>Sun, 8 Jul 2012 15:41:33 GMT</pubDate>
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<title>HidingFromGoro: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#38</link>
<description>Doesn&#x27;t really explain increasing income inequality or regulatory capture though- unless that is the goal of the Market, in which case then yes it it&#x27; pretty efficient.</description>
<pubDate>Sat, 7 Jul 2012 05:32:18 GMT</pubDate>
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<title>zyxwvutsr: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#37</link>
<description>Yes.</description>
<pubDate>Thu, 5 Jul 2012 11:25:23 GMT</pubDate>
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<title>HidingFromGoro: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#36</link>
<description>&#x3C;em&#x3E;The market does not reward risk, it rewards efficient allocation of resources.&#x3C;/em&#x3E;&#x3C;p&#x3E;&#x26;#10;Efficient allocation of resources?&#x3C;p&#x3E;&#x26;#10;Hmmmmmmmmmmm</description>
<pubDate>Wed, 4 Jul 2012 04:28:15 GMT</pubDate>
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<title>improper: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#35</link>
<description>Word. &#x3C;p&#x3E;&#x26;#10;ICS is pretty dope, can&#x27;t wait to upgrade to Jelly Bean. </description>
<pubDate>Tue, 3 Jul 2012 16:17:46 GMT</pubDate>
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<title>tjb: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#34</link>
<description>Google is activating nearly 1 million Android phones per &#x3C;strong&#x3E;day&#x3C;/strong&#x3E;.&#x3C;p&#x3E;&#x26;#10;Android &#x26;gt; Bieber</description>
<pubDate>Tue, 3 Jul 2012 15:46:05 GMT</pubDate>
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<title>improper: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#33</link>
<description>Justin Bieber sold 370,000 albums since June 15th. </description>
<pubDate>Tue, 3 Jul 2012 15:27:10 GMT</pubDate>
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<title>tjb: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#32</link>
<description>&#x3C;i&#x3E;how to create new expensive tech shit for rich people that they don&#x27;t need.&#x3C;/i&#x3E;&#x3C;p&#x3E;&#x26;#10;I think that might be a wee bit dismissive of a consumer product category that is on the verge of selling a billion units a year.</description>
<pubDate>Tue, 3 Jul 2012 15:00:53 GMT</pubDate>
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<title>Shy Elf: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#31</link>
<description>People &#x3C;a rel=&#x22;nofollow&#x22; href=&#x22;http://www.arts.rpi.edu/public_html/ruiz/AdvancedDigitalImaging/the%20toys%20of%20today%20are%20the%20realities%20of%20tomorrow_files/image002.jpg&#x22;&#x3E;do&#x3C;/a&#x3E; demand things that don&#x27;t exist yet. &#x26;nbsp;In the absence of supply the</description>
<pubDate>Tue, 3 Jul 2012 09:49:53 GMT</pubDate>
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<title>zyxwvutsr: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#30</link>
<description>The market does not reward risk, it rewards efficient allocation of resources.&#x3C;p&#x3E;&#x26;#10;The reason certain people oppose supply-side policies is not because they can present a coherent argument that such policies are ineffective, but because supply-side polices </description>
<pubDate>Mon, 2 Jul 2012 23:37:56 GMT</pubDate>
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<title>gerrymander: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#29</link>
<description>The trouble with the &#x22;supply side vs. demand side&#x22; argument is that both sides are reductionist and wrong. Zyx&#x27;s iPhone example points out a specific error in the &#x22;demand side&#x22; argument -- namely, that people don&#x27;t demand things that don&#x27;t exist yet. Befor</description>
<pubDate>Mon, 2 Jul 2012 22:56:52 GMT</pubDate>
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<title>zyxwvutsr: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#28</link>
<description>He appears to believe that consumer demand drives the economy.</description>
<pubDate>Mon, 2 Jul 2012 15:54:39 GMT</pubDate>
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<title>Anywhere: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#27</link>
<description>So . . . it wasn&#x27;t what Shy Elf thought and it wasn&#x27;t what improper thought-- was there a meaning relevant to the conversation to your question, or did you just sincerely want to know if HidingFromGoro had an iPhone?</description>
<pubDate>Mon, 2 Jul 2012 14:57:35 GMT</pubDate>
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<title>zyxwvutsr: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#26</link>
<description>&#x3C;blockquote&#x3E;&#x3C;i&#x3E;...criticism of supply-side economics is invalid because he thinks that markets are created by manufacturers/suppliers&#x3C;/i&#x3E;&#x3C;/blockquote&#x3E;What an absurd claim.</description>
<pubDate>Mon, 2 Jul 2012 13:12:42 GMT</pubDate>
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<item>
<title>zyxwvutsr: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#25</link>
<description>I have no idea where my refrigerator was built.</description>
<pubDate>Mon, 2 Jul 2012 13:11:23 GMT</pubDate>
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<title>HidingFromGoro: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#24</link>
<description>Yep, a great and long-lasting example of quality workmanship from a unionized plant in Ohio. &#x26;nbsp;&#x3C;p&#x3E;&#x26;#10;What about your refrigerator? &#x26;nbsp;What&#x27;s one thing you would say to your refrigerator if you had the chance?</description>
<pubDate>Mon, 2 Jul 2012 04:11:33 GMT</pubDate>
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<title>improper: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#23</link>
<description>You&#x27;re not getting it probably because you can&#x27;t think in a super-dense manner in the way that ZYX can. See his [stupid] point is that criticism of supply-side economics is invalid because he thinks that markets are created by manufacturers/suppliers. He t</description>
<pubDate>Mon, 2 Jul 2012 03:21:26 GMT</pubDate>
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<title>zyxwvutsr: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#22</link>
<description>Oh, I see. Someone else built it.</description>
<pubDate>Mon, 2 Jul 2012 01:58:04 GMT</pubDate>
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<title>HidingFromGoro: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#21</link>
<description>I got it second-hand, just like the phone. &#x26;nbsp;That&#x27;s why I&#x27;m &#x3C;a rel=&#x22;nofollow&#x22; href=&#x22;http://mediamatters.org/mmtv/201107190025&#x22;&#x3E;not poor anymore&#x3C;/a&#x3E;.&#x3C;p&#x3E;&#x26;#10;You don&#x27;t need to run out and buy everything brand new every time, or buy another phone every time a</description>
<pubDate>Mon, 2 Jul 2012 01:14:59 GMT</pubDate>
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<title>zyxwvutsr: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#20</link>
<description>You built your own &#x3C;i&#x3E;refrigerator?!&#x3C;/i&#x3E;</description>
<pubDate>Mon, 2 Jul 2012 00:21:02 GMT</pubDate>
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<item>
<title>HidingFromGoro: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#19</link>
<description>&#x3C;em&#x3E;And&#x3C;/em&#x3E; a refrigerator!</description>
<pubDate>Sun, 1 Jul 2012 23:56:47 GMT</pubDate>
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<title>zyxwvutsr: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#18</link>
<description>But you &#x3C;i&#x3E;do&#x3C;/i&#x3E; have a cell phone.</description>
<pubDate>Sun, 1 Jul 2012 12:38:06 GMT</pubDate>
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<title>Shy Elf: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#17</link>
<description>I&#x27;m having trouble following your analogy because I&#x27;m having trouble trying to figure out what specie would represent. &#x26;nbsp;I think the analogy works pretty well with specie representing the Deutsche Mark/Euro and France representing the 2nd least inflate</description>
<pubDate>Sun, 1 Jul 2012 05:57:15 GMT</pubDate>
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<title>HidingFromGoro: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#16</link>
<description>No, I have a local pay-as-you-go company with no contracts or phone subsidies. &#x26;nbsp;I don&#x27;t really travel unless you count Mexico and a $500 phone just seems wasteful, as does paying more than $45/month for an unlimited plan.</description>
<pubDate>Sun, 1 Jul 2012 03:50:39 GMT</pubDate>
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<title>zyxwvutsr: Re: Let Make iPhones</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#15</link>
<description>No, you don&#x27;t get it. Sorry.</description>
<pubDate>Sun, 1 Jul 2012 02:14:12 GMT</pubDate>
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<title>Shy Elf: Let Them Eat iPhones</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#14</link>
<description>Yeah, we get it. &#x26;nbsp;&#x3C;a rel=&#x22;nofollow&#x22; href=&#x22;http://www.theatlantic.com/infocus/2011/07/famine-in-east-africa/100115/&#x22;&#x3E;Africa is rich&#x3C;/a&#x3E; because they &#x3C;a rel=&#x22;nofollow&#x22; href=&#x22;http://www.bbc.co.uk/news/world-africa-15659983&#x22;&#x3E;have iPhones&#x3C;/a&#x3E;, and people i</description>
<pubDate>Sun, 1 Jul 2012 01:26:19 GMT</pubDate>
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<title>Shy Elf: Grade Your Poll Answer</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#13</link>
<description>&#x3C;i&#x3E;In the world of testing, she said, it does not really matter whether an answer is right or wrong; the &#x22;right&#x22; answer is the one that field testing has shown to be the consensus answer of the &#x22;smart&#x22; kids. &#x22;It&#x27;s a psychometric concept,&#x22; she said.&#x3C;/i&#x3E;&#x3C;p&#x3E;&#x26;#10;</description>
<pubDate>Sun, 1 Jul 2012 00:07:12 GMT</pubDate>
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<title>zyxwvutsr: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#12</link>
<description>Do you have an iPhone?</description>
<pubDate>Sat, 30 Jun 2012 11:43:40 GMT</pubDate>
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<title>HidingFromGoro: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#11</link>
<description>Don&#x27;t waste time trying to argue in good faith with a supply-sider.</description>
<pubDate>Sat, 30 Jun 2012 05:14:06 GMT</pubDate>
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<title>Ephraim Gadsby: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#10</link>
<description>We aren&#x27;t better off if we are getting paid in counterfeit money.&#x3C;p&#x3E;&#x26;#10;&#x22;If that 25% increase in demand&#x22;&#x3C;p&#x3E;&#x26;#10;The idea is to increase national wealth. &#x3C;p&#x3E;&#x26;#10;&#x22;in the European periphery where unemployment is over 20%.&#x22;&#x3C;p&#x3E;&#x26;#10;Inflation won&#x27;t put those people to work, t</description>
<pubDate>Wed, 27 Jun 2012 23:25:18 GMT</pubDate>
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<title>tjb: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#9</link>
<description>&#x3C;i&#x3E;That&#x27;s beyond a Goldilocks view of inflation, that&#x27;s completely delusional.&#x3C;/i&#x3E;&#x3C;p&#x3E;&#x26;#10;I have to ask - if you believe printing or borrowing money causes inflation under all circumstances, why has the US had such a low rate of inflation since 2008? &#x26;nbsp;Or </description>
<pubDate>Wed, 27 Jun 2012 21:24:21 GMT</pubDate>
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<title>Ephraim Gadsby: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#8</link>
<description>That&#x27;s beyond a Goldilocks view of inflation, that&#x27;s completely delusional.</description>
<pubDate>Wed, 27 Jun 2012 20:58:38 GMT</pubDate>
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<title>tjb: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#7</link>
<description>&#x3C;i&#x3E;And it can print money to do that.&#x3C;/i&#x3E;&#x3C;p&#x3E;&#x26;#10;Indeed it can. &#x26;nbsp;And it would work.&#x3C;p&#x3E;&#x26;#10;&#x3C;i&#x3E;Great idea. We could print some money to do that.&#x3C;/i&#x3E;&#x3C;p&#x3E;&#x26;#10;Yup. &#x26;nbsp;That would work too.&#x3C;p&#x3E;&#x26;#10;Sometimes, all the economy really needs is to make the numbers on each si</description>
<pubDate>Wed, 27 Jun 2012 20:49:22 GMT</pubDate>
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<title>Ephraim Gadsby: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#6</link>
<description>&#x22;If the ECB was buying enough of their long dated bonds&#x22;&#x3C;p&#x3E;&#x26;#10;And it can print money to do that.&#x3C;p&#x3E;&#x26;#10;&#x22;my prescription to solve this whole mess would be for the US Treasury to finance the purchase of Spanish and Italian debt&#x22;&#x3C;p&#x3E;&#x26;#10;Great idea. We could print some</description>
<pubDate>Wed, 27 Jun 2012 20:35:44 GMT</pubDate>
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<title>tjb: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#5</link>
<description>If the ECB was buying enough of their long dated bonds to drive the interest rates down into reasonable territory then they wouldn&#x27;t have to sell short-dated bonds.&#x3C;p&#x3E;&#x26;#10;Heck, my prescription to solve this whole mess would be for the US Treasury to finance t</description>
<pubDate>Wed, 27 Jun 2012 19:40:11 GMT</pubDate>
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<title>Ephraim Gadsby: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#4</link>
<description>Spain and Italy are selling short dated bonds to finance current basic operations. Good luck continuting to do that if the ECB starts inflating.</description>
<pubDate>Wed, 27 Jun 2012 19:26:26 GMT</pubDate>
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<title>tjb: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#3</link>
<description>&#x3C;i&#x3E;I keep waiting for those with a &#x22;Goldilocks&#x22; view of inflation to address this.&#x3C;/i&#x3E;&#x3C;p&#x3E;&#x26;#10;????&#x3C;p&#x3E;&#x26;#10;Are you arguing that Spain &#x26;amp; Italy have high bond yields because of &#x3C;strong&#x3E;inflation&#x3C;/strong&#x3E; risk? &#x26;nbsp;Really?&#x3C;p&#x3E;&#x26;#10;Their interest rates are high becaus</description>
<pubDate>Wed, 27 Jun 2012 18:27:29 GMT</pubDate>
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<item>
<title>Ephraim Gadsby: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#2</link>
<description>The EU project has always been anti-democratic, ceding political power to unaccountable trans-national bureaucrats is its primary goal.&#x3C;p&#x3E;&#x26;#10;Speaking of democracy, &#x22;&#x3C;a rel=&#x22;nofollow&#x22; href=&#x22;http://www.reuters.com/article/2012/02/26/us-eurozone-germany-poll-id</description>
<pubDate>Wed, 27 Jun 2012 17:40:35 GMT</pubDate>
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<item>
<title>tjb: Re: The ECB vs. The Inflation Monster</title>
<link>http://www.treesandthings.com/story/2012/6/27/11041/7853#1</link>
<description>The Europe seems determined to replay the 1930s, with Germany and the ECB playing the role of France.&#x3C;p&#x3E;&#x26;#10;Then, it had seemed as if the depression had skipped over France as the French were heavily invested in gold, holding over 27%(!!!) of the world&#x27;s cent</description>
<pubDate>Wed, 27 Jun 2012 15:00:53 GMT</pubDate>
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