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Commentary Topic from greenfaucet

The Consequences Have Started to Arrive

By Michael Pento | June 09, 2009 | 10:36 AM | 0 Comments

The consequences of adopting a weak dollar and inflationary monetary policy to bail out the economy have begun to manifest themselves, although the real effects of the government's $12.8 trillion dollar recovery plan have only just started to show up. Investors should not be surprised to learn that the commitments, guarantees, and prodigal spending of the past two Administrations have come with harrowing consequences. Surprising or not, these painful consequences are just beginning to appear and are rather insidious in nature.

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