Economics Professor Laurence Kotlikoff: Bernanke Playing With Fire!
[youtube=http://www.youtube.com/watch?v=sFiErsgQwF0]
- Economist Laurence Kotlikoff says, “We are actually in worse shape than any developed country. . . We are using accounting that would make Bernie Madoff blush.” Kotlikoff thinks the Federal Reserve could easily lose complete control of inflation and warns, “Ben Bernanke is playing with fire here because we could have a tripling of the price level.” Join Greg Hunter as he goes One-on-One with Boston University Economics Professor Laurence Kotlikoff.
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I know that America is in real trouble but what about India.A friend of mine she is from India says that India is in good shape. She said that the rupee is better than the dollar and that India could buy America and have money left over.Is any of this true? Mary