Ruinous Inflation Proposals

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“In this day and age, one should never assume that ‘educated’ persons, especially those who have “earned” advanced degrees in economics, know the least bit of economics or possess the least bit of sense that might steer them away from the refuse that passes for economic thought. I speak specifically of Biagio Bossone and Richard Wood. Their ruinously inflationary ideas, if adopted, will destroy the economies that they think will be saved. The lofty positions they have held in such institutions as the World Bank, the IMF, the OECD, the Paris Club, and the Australian Treasury make them all the more dangerous.”

http://www.lewrockwell.com/2013/08/michael-s-rozeff/america-will-be-zimbabwe-2/

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