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Ron Paul Warns Currency Devaluation Is `Dangerous’

Feb. 8 (Bloomberg) — Former Congressman Ron Paul, a Texas Republican, talks about governments’ strategy of devaluing their currency to gain an advantage in trade. The yen jumped the most in almost two years against the dollar after Japanese Finance Minister Taro Aso said the pace of its recent slide has been to rapid. Paul speaks with Sara Eisen on Bloomberg Television’s “Lunch Money.” (Source: Bloomberg)

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“In my original ideas about the film, the ministry didn’t know whether there were terrorists out there or not because over the years they had so many counter agents and counter-counter agents out there and agent provocateurs who maybe set explosions to lure people in. The people lost track of whether there really were terrorists or not, but the important thing is the belief in terrorists had to be maintained to allow the ministry to continue to survive. Originally the film was called The Ministry. It was really about the survival of an organism like a great bureaucracy that will do anything to keep itself going.." - Terry Gilliam on Brazil

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