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Can governments create an ocean of fiat currencies AND have low inflation?

*Bloomberg, by Gavin Finch and Min Zeng, December 6, 2007

“Euro-region inflation accelerated to 3 percent last month, the fastest pace in six years, after oil prices rose to a record. The ECB today raised its 2008 projection for inflation to about 2.5 percent from 2 percent. The bank, which aims to keep inflation below 2 percent, forecasts the rate will drop to about 1.8 percent in 2009.”

*This information is solely an excerpt of a third-party publication and is incomplete. Please subscribe to the referenced publication for the full article. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.

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