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_3u10 on July 31, 2009 | parent | context | favorite | on: Why the dollar is going to collapse

What special property does having the largest economy in the world have against it collapsing through the application of poor economic theory?

I would hazard a guess that Zimbabwe has massive inflation because of the Mugabe school of economic thought rather than because it is a small economy.

swombat on July 31, 2009 [–]

Things like "economies" work by practical consensus rather than by theory. The dollar has the value that we all agree it has.

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