Tuesday, 1 October 2013

Print on



Another intellectual achievement of the West in economics:
printing your way out of own-made deep shit.


What's all this fuss about U.S. federal shut-down about?

First of all it sounds like a good idea: the more of the federal government - or actually these day any Western government, federal, state or local  - you close down the better.

Secondly, what do they mean when they say 'we need to find a solution': can't they simply print more money, as usual?