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Mid-Week Reality Check: Undebatable and Indisputable
Published: October 08, 2008 | 12:35 PM
- Play:
- Artist: Michael Pento
- Title: Mid-Week Reality Check (10/08/08)
- Album: greenfaucet.com
- Length: 5:30 minutes (10.07 MB)
- Format: MP3 Stereo 44kHz 256Kbps (CBR)
Listen to another riveting segment of the Mid-Week Reality Check. This week Michael takes us back to the last ten years of excess monetary creation, excess credit, excess, debt, and unsustainable asset bubbles. Michael asks the simple quesion: Why fight this deflation with re-flation? Michael argues that government sponsored inflationary intervention will only amplify the problem down the road. Isn't this what got us in trouble in the first place? Hard to argue with Michael in this classic segment.
