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To: Comparative Advantage
"One of the major causes of the Great Depression was the existence of the gold standard," Roubini says.

By limiting the amount of money authorities can put into circulation, authorities render themselves powerless to act as a lender of last resort when needed.

Yet another Keynesian moron.

Stepping on the currency is not what you do to promote prosperity. Stepping on is what crooked drug dealers do.

30 posted on 12/04/2011 10:10:05 PM PST by cynwoody
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To: cynwoody

Roubini is a Marxist hack and yet the NBC-Wallstreet-cramer crooked millennials & leftist all think he’s some type of genius. I’d almost like to see Ron Paul in office just so these pricks heads explode and buffoon Bernake/Paulson/Geitner get their just rewards.


42 posted on 12/05/2011 3:03:38 AM PST by iopscusa (El Vaquero. (SC Lowcountry Cowboy))
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