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The Rosie Scenario: The Currency Is Unmoored
Every currency in the world is unmoored. If you're going to rely on something unreliable, you should rely on the least unreliable currency. The US has managed that for 50 years, 60 years. And so why isn't it the case? Because people who are subject to unfair tax because of future deferral of debt will leave. There won't be anyone better to go.