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Monetary inflation may seem impossibly complicated, but take heart. While understanding inflation is essential to everyone, both in sensing the future and to understanding the basics of personal well-being, a degree in economics is unnecessary. Money is basically a “medium of exchange”; an instrument of convenience, which makes it unnecessary to tote chickens or bushels [...] George Bush along with the president of France and 4 other nations, sent to the Iranian government a new proposal of economic incentives, in order to get them to stop trying to build the “bomb”. Of course the Iranians rejected the offer from the start, and moves all sides in the dispute closer to a [...] |
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