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Of course, one way to compensate for the higher interest rates on national debt may very well be to raise taxes. But during the ”debt ceiling” debate, legislators balked at such a treatment. After all, the average American is taxed towards the point of poverty as it is. Wealthy will fight new taxes at all …
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“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless near the continent their Fathers beat.” – Thomas Jefferson. Infectious viruses …
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