Saturday, September 03, 2011

Chris Whalen says "print money"

In a King World News broadcast, yesterday, the respected bank analyst openly and unequivocally calls for the Fed to "print money".

I defer to Whalen's judgment regarding bank securities (he thinks BAC should declare Chapter 11). But I often disagree with Whalen on policy issues, and this money printing nonsense is another example.

As I have previously opined, this guy is no Austrian.

1 comment:

Mitch said...

Ok,

I stand corrected. He is not an Austrian. Have to concur with your assessment.