Money printing destroys savings and capital
Posted on 20. Dec, 2011 by admin in James Turk
Watch the full 22-minute video at: Juan Castañeda, Senior Lecturer at UNED, talks to Alasdair Macleod, of the GoldMoney Foundation, about money printing. They discuss the consequences of stopping monetary stimulus that the economy is addicted to. They talk about interest rates, the price level and how this is affected by monetary policy. Nevertheless they insist that the consequ…
