With the previous tragic events of the tsunami and subsequent nuclear crisis in mind, Japan needs to develop a detailed plan to immediately shut down the nuclear plants, evacuate the surrounding areas immediately, and quickly contain any damage, leaks, etc.

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Given the mind-boggling cost of this economic error, it is tragic (although not surprising) that Keynesians are currently recommending higher inflation as a solution to the economic woes of both the U.S. and Europe.

FORBES: Our Fiat Dollar Has Cost the United States $80 Trillion