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Tuesday, July 03, 2007

Inflation? We should be enjoying gentle, long-term deflation!

Richard Daughty, aka The Mogambo Guru, is on YouTube! In print, his rants are so funny that you can forget he's entirely serious. Here, he goes through the theory of money and the scam that is inflation, in two-and-a-half minutes. A gem, as they say.

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