"There's no end to our ability to [flood the system with money"
Yeah, well Weimar Germany had that too. Along with every other regime that "inflated it's money into worthlessness".
https://www.zerohedge.com/markets/k...inite-amount-cash-we-create-it-electronically
Just because you can do something doesn't mean you should.
Kashkari is not only a dope, his stupidity makes him dangerous... especially since he'd love to have Powell's job!
Yeah, well Weimar Germany had that too. Along with every other regime that "inflated it's money into worthlessness".
https://www.zerohedge.com/markets/k...inite-amount-cash-we-create-it-electronically
Just because you can do something doesn't mean you should.
Kashkari is not only a dope, his stupidity makes him dangerous... especially since he'd love to have Powell's job!
