Spam is a better hedge against inflation than gold: you can eat it and it lasts 1000 years. Gold is, as Keynes aptly said, a barbarous relic.What's this nonsense about spam all about?
Roubini has gone from superior data hound to mouthing off the same analysis as a NYC cabbie who has no clue about money as a medium of exchange.
Click here to understand the mentality.
Mr. Wenzel,
ReplyDeleteDon't insult the cab drivers, I've met gas attendants who support Ron Paul, so my guess is the cab drivers might know better.