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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST
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To: TobagoJack who wrote (66039)9/13/2010 11:15:42 PM
From: energyplay  Read Replies (2) of 217617
 
Everybody - Willem Buiter, the author of the article is well regarded in most Central Bank circles. MY guess is he is proposing these far out ideas as a means of making the more aggressive conventional ideas seem acceptable.

The conventional ideas mentioned in the top of the article sound more reasonable, now, don't they.

Let's have Timmy G write a nice check to everyone in the US.
That now sounds pretty good.
It is also more politically acceptable than more government spending, has precedents from previous administration, and ACTS FAST.

Structural fixes will have to come latter.
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