In the News: Investment News

Portfolio manager Axel Merk tells Investment News Bernanke wants to debase the dollar to spur U.S. economic growth

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'Mr. Bernanke wants to debase the currency because he believes that will benefit U.S. economic growth,' he said.

Inflating away the value of the dollar may be an easier and less painful way to shrink the massive U.S. debt burden than the alternatives — growing ourselves out of the mess or taking huge write-downs and suffering widespread bankruptcies…"