Our Terms of Use and Privacy Policy have changed. We think you'll like them better this way.

Aaron Clarey--Solving The Nation's Chronic Deficits #3358

  • Broadcast in Finance
  • 0 comments
Financial Survival Network

Financial Survival Network

×  

Follow This Show

If you liked this show, you should follow Financial Survival Network.
h:215903
s:9646037
archived

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. 

Comments

 comments