Q&A #121
What is a depression? Was Jim right about what caused this one? Can we quantify the rupee signal? How slipper-y is it? Does Goldman Sachs want a perpetual deficit? Or is it just bonds? Why don’t government deficits lead to inflation? Where is the line? How much does it take to get inflation? How are dealers involved? What is commercial paper and how does it work? Are the BRICS creating a new currency, or is it merely a settlement network? What’s the difference?
