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.
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.