Currencies – Truth and Confidence

by Gary Christenson
Deviant Investor

In 1967 the Jefferson Airplane sang:

“When the truth is found to be lies, And all the joy within you dies…”

Restate this for global currencies and it becomes:

When the truth is found to be lies, Confidence in currencies dies.

WHAT LIES? There have been many. Examples specific to the United States:

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