Dr. Paul Craig Roberts: How Do You Finance $2 Tillion Deficits As Far As The Eye Can See?
Sep 24, 2009 at 8:41 PM
DailyBail in bailouts, debt, deficits, dollar, federal reserve, financial crisis, paul craig roberts, video, wall street
Former Assistant Treasury Secretary under Ronald Reagan, Roberts and Alex Jones discuss the debt and dollar crisis that every day grows more destructive. The Fed monetizes the debt with a few keystrokes and trillions in magic credit, yet they can't slow the destructive tide of deflation. You would not be correct to assume that Dr. Roberts is amused by the situation.