Jeff

Jeff – Dinar Guru  Question: “What is the argument against a managed float?”  It can’t float. The budget is calculated off of a fixed currency value.  That’s the reason it can’t float.  If the value of the currency was to change by 20% or more the budget would have to be re-amended and re-approved with new calculations.  They’re not going to keep amending and re- approving the damn budget over and over to do a float.

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