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主题:【整理】2014-2015大对决(6):美国金融核武 -- 慧诚

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家园 another key problem under

that system: global interest rate converges and major nations dictate the interest rate levels in other small nations.

Most Chinese never read the western history carefully. Gold standard has its huge natural limitation. It can limit the tendency of overspending, but it can also create deflation problem.

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