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Global currency war escalates over Euro
Categories: currency devaluation, Debt, Dollar, Economy, Euro, Europe, fiat currency, social unrest
The nature of financial markets will not allow any single fiat currency to exist in a political vacuum. As confidence and trust change, all currencies are forced into a new equilibrium. The problem is that they all began as legal fictions, and will return to nothing.
http://georgesblogforum.wordpress.com/2011/11/02/the-daily-climb-2/