On my blog and at SUFA, I’ve been posting a number of comments with the same theme:
“There is no way out of the disaster”
Charles Rowley, Professor of Economics at George Mason University has a blog and I’ve reposted a few comments I’ve made there on my blog and here as well.
Prof. Rowley is writing a comment on Alan Meltzer’s comments in the Wall Street Journal.
Meltzer is the preeminent expert on the Federal Reserve System – as such, his comments on the FED must be strongly considered.
Prof. Rowley is expanding on the short piece of Alan Meltzer – and I believe his comments and thoughts are critical for you, at SUFA, to read.
It is worth noting that if a learnedly economic autodidact (Black Flag), the preeminent expert (Alan Meltzer) and a lettered academic at a preeminent school of economic study (Prof. Rowley) make essentially the same predictions – I would urge the utmost attention to what they say.