The stated intention of this policy is to introduce more inflation as a means to potentially stimulate economic activity, but it also provides a means to pay back the large amassed debts with less valuable paper currency without having to deal with the short-term pain of actual default.

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And, since gold is typically priced in dollars, it can become more valuable as paper dollars become less valuable.

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Malleable ideas in action are far more valuable than rigid ideas on paper.

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