Aaron Clarey, a/k/a Captain Capitalism, is at it again. He's got a solution for the nation's pending debt implosion. Rather than cut spending or fuel economic growth, sound goals in and of themselves, the Captain proposes that the Fed simply print up another $20 trillion over time and buy up stocks around the globe. Over time its portfolio would yield huge dividend income and presumably appreciation, as they bid up the price of the entire market. In fact, Japan and other countries are already doing this. Can it work or could it just accelerate our march to financial oblivion? We'll probably never find out. 

Direct download: Aaron_Clarey_30.Nov.16.mp3
Category:general -- posted at: 4:03pm EDT
Comments[0]

Adding comments is not available at this time.



-->

Syndication

Categories

Archives

October 2019
S M T W T F S
     
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31