What are they talking about? Its been happening here since 1931. They mean theft from savers right? Here it goes by a different name...inflation, which has been rampant since the dollar was unhinged from the gold standard in 1931 domestically and 1971 internationally. The reason Cyprus didnt do this is because they dont have their own currency...since they dont control the printing presses of the euro they just did it directly. So no...it wont happen here in that form but yes it has been happening in some form for the last 100 years.
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