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Thursday, July 16, 2009

Secrets of the Temple by William Greider






This book is massive.I don't think I've wanted to read a book this long since I read
The Arms of Krupp, by William Manchester

I never really thought about the inflation of the 70's redistribuing wealth more to middle-class homeowners from the investor class, but it makes sense.

I did have an alarming thought when he mentioned that the wealthy buy gold and (US) real estate as a hedge against inflation, like the Chinese have done some of recently.

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