2011-11-26gata.org

``Roubini seems to have picked up just a little of Rickards' advocacy of restoring a degree of gold backing to the U.S. dollar without grasping a critical point of Rickards' book -- that the gold standard as restored after World War I set gold's price too low, inducing deflation. That is, Roubini is criticizing a book he hasn't bothered to read.''


Lijit Search

Comments: Be the first to add a comment

add a comment | go to forum thread