“Quantitative easing has worked. It has saved the world from deflation and a Great Depression,” Soros said. And regions like Europe need another dose. “What you have to do is just print money.”Scroll down a bit an you will see what exactly printing money indiscriminately actually does.
Thursday, January 21, 2016
QOTD - Economics
OK so Trump is an economic ignoramus. It seems he's not alone and that knowing little on the topic is no impediment to great wealth. Check this offering from George Soros: