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Professor Polleit Explains Why Fiat Currency Systems Produce ‘Collective Corruption’

by Chris Powell

Dear Friend of GATA and Gold:

An interview done this week by GoldMoney’s Andy Duncan with the German economics professor Thorsten Polleit, in which the professor explains why fiat currency systems lead to “collective corruption,” delighted your secretary/treasurer because it reminded him of something a high school graduate said at GATA’s Washington conference in 2008 (

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