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Jared Bernstein explains why the United States' printing unlimited money is not a problem:
He sounds like a student who got drunk the night before the oral quiz, did not study, shows up hungover and tries to bullshit his way through the exam. He has no idea - none, not a clue - as to how money supply works, debt works, or their effect on inflation.
And he gets paid a boatload of our tax dollars for his idiocy.
He sounds like a student who got drunk the night before the oral quiz, did not study, shows up hungover and tries to bullshit his way through the exam. He has no idea - none, not a clue - as to how money supply works, debt works, or their effect on inflation.
And he gets paid a boatload of our tax dollars for his idiocy.