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.
Ok,
ReplyDeleteI stand corrected. He is not an Austrian. Have to concur with your assessment.