tag:blogger.com,1999:blog-3758330678390419129.post9073819358321211271..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Krugman Calls for ECB Money PrintingRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3758330678390419129.post-76884029433492011162011-11-20T17:18:51.208-05:002011-11-20T17:18:51.208-05:00Amen, Chris. These fools think printing digits on ...Amen, Chris. These fools think printing digits on paper creates (or preserves) wealth. Their folly is destroying the world.Richard Dale Fitzgeraldhttps://www.blogger.com/profile/05223505358122633852noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-26913688194659249242011-11-20T14:25:05.663-05:002011-11-20T14:25:05.663-05:00The EU has two options to kick the can further dow...The EU has two options to kick the can further down the road:<br />1-Print Money<br />2-Announce that a deal has been reached to create a Unified Europe and that all sovereign debt will be rolled under this Entity (This is really the only way the European project has any chance to survive).<br /><br />Since option 2 is totally impossible and requires a believability factor not even the best Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-25359785671166408802011-11-20T11:15:43.104-05:002011-11-20T11:15:43.104-05:00Such backwards thinking.
Even if the ECB decides ...Such backwards thinking.<br /><br />Even if the ECB decides to print, it's not going to "save" anything, as the Keynesians I read seem to think.<br /><br />It will only create a bigger problem for a future date, just as the Fed has done here.Chris Rossinihttp://riverofliberty.comnoreply@blogger.com