Home > Main > Soros says we need more stimulus

Soros says we need more stimulus

November 26, 2010

Soros is the best speculator in history. He says we need more stimulus. You’d think that this alone would give him some respectibility in the financial world, but it seems that people listen to people like John Cochrane instead of the best speculator in history.

Also, I just don’t understand how people fail to understand Chartalism. For people like Scott Sumner, it involves making a huge distinction between Cash money and T-Bills. He really thinks that having cash instead of T-Bills makes a difference.

T-bills are so close to cash money that they are accepted by the Chicago Mercantile Exchange at zero haircut.

 

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