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  • There are only three ways to meet the unpaid bills of a nation. The first is taxation. The second is repudiation. The third is inflation.

    Herbert Hoover
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    Herbert Hoover (1937*). “American ideals and the New deal ... eight addresses upon pressing national problems”
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There are only three ways to meet the unpaid bills of a nation. The first is taxation. The second is repudiation. The third is inflation. - Herbert Hoover
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