Bailouts Will Bring Short-Term Relief, Long-Term Catastrophe
Nov 7th, 2008 | By Puru Saxena | Category: Politics & Economics“All of the nations that have resorted to money-printing in the past, ultimately saw a total economic collapse,” says Puru Saxena. The government bailouts and stimulus packages may provide some short-term relief, but the long-term hyperinflation and damage to the dollar will be much, much worse.