Warren Mosler discusses the debt ceiling, the risks of the deficit, our similarities to Japan, Yen intervention, why the USA needs further tax cuts and why QE2 was destined to fail.
Part 1 – Deficits and the debt ceiling.
Part 3 – Why QE2 was destined to fail.
Source: Reuters Insider
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.