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Usually, inflation happens when there is more of a currency chasing around after relatively fewer goods. That's been happening for years here in the US as the statistics in this article show. However, the international role of US capitalism and of the dollar has propped it up. With the power of US capitalism declining on the world scale, that can't continue forever. Strange changes in the prices of stocks, bonds and gold indicate that this could possibly be the tipping point. Possibly. Does the example of Matt Colvin represent the immediate future for US capitalism? https://oaklandsocialist.com/2020/03/18/will-the-dollar-collapse/ John Reimann -- *“In politics, abstract terms conceal treachery.” *from "The Black Jacobins" by C. L. R. James Check out:https:http://oaklandsocialist.com also on Facebook _________________________________________________________ Full posting guidelines at: http://www.marxmail.org/sub.htm Set your options at: https://lists.csbs.utah.edu/options/marxism/archive%40mail-archive.com
