Alan Greenspan, former chairman of the U.S. Federal Reserve, said that his country can "pay whatever debt it has because we can always print money to do it." The U.S. dollar has lost 90% of its purchasing power in the past century. A steak that cost $0.36 in 1925 cost $3 in the 1990 s and costs $12 today.
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Texas U.S. Attorney: home health care business owner sent to prison for $10M Medicare fraud
The Fed will still raise rates but does not rule out moderating them when the situation warrants it.
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