Well he might have a different view on the topic which is different than not understanding it.
Credit contraction is happening but prices are rising. This is not the time to be telling people they need to sick it up and pay more for things. I'd imagine that credit expansion in China is the culprit on that front though.
QE has never worked. This will fail and we're going to continue to muddle along until someone allows the money supply to fall and the banks to fail. The banks are already insolvent anyway so we might as well face reality and face a few very tough years. Given our recent behavior we have it coming to us.
Well he might have a different view on the topic which is different than not understanding it.
Nonsense. As Nobel Prize Winner Paul Krugman said, anyone who disagrees is either stupid and doesn't understand anything, or they are evil republicans who want to destroy the world or something.
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Well he might have a different view on the topic which is different than not understanding it.
Credit contraction is happening but prices are rising. This is not the time to be telling people they need to sick it up and pay more for things. I'd imagine that credit expansion in China is the culprit on that front though.
QE has never worked. This will fail and we're going to continue to muddle along until someone allows the money supply to fall and the banks to fail. The banks are already insolvent anyway so we might as well face reality and face a few very tough years. Given our recent behavior we have it coming to us.
Well he might have a different view on the topic which is different than not understanding it.
Nonsense. As Nobel Prize Winner Paul Krugman said, anyone who disagrees is either stupid and doesn't understand anything, or they are evil republicans who want to destroy the world or something.