Tuesday, December 13, 2011

Kyle Bass: Inflation Won't Fix Anything; Choices Are To Print and Default or Default and Print

BNN had another fantastic interview today with Kyle Bass.

He focuses a lot on how bad Japan is, and Europe, says the U.S. is a disaster, but likes Canada. When asked if ECB buying bonds and printing would fix or change anything, he says 'No'. It' far past that point. The choices are

  • to default and print
  • to print and default.
Watch interview

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