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How the wealthy and powerful abuse finance to skim immense profits
Debasement of the dollar as a result of ill-use of leverage is destroying the global economy. In Leverage, well-known market commentator Karl Denninger follows the path of money throughout history to prove that currencies are debased when moneyed and powerful interests pull the levers of government and policy to enrich themselves at the expense of the masses.
The result is ugly:
History is littered with the collapse of monetary and economic systems, from Rome to Germany to Zimbabwe.
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