Jim Rogers: Cupcakes for Everyone

In the Torygraph, Jim Rogers predicts that George Osborne and Mervyn King will bring in more ‘quantitative easing’, to solve all of the problems caused by earlier rounds of money printing, but will change the name again, to lie to us once more about what they are doing, now that ‘quantitative easing’ (the previous lie used to disguise money printing) itself has gained a bad name:

It’s interesting how these political lies evolve over time. The busts, caused by government money printing, went through Panic, Depression, Recession, Stagnation, Slowdown, Cooling, Flattening, towards the latest, ‘Stalled Recovery’. It will be fascinating to see what they next call money printing. Rogers predicts ‘Cupcakes’. I fancy ‘Resolution Support’.


About Andy Duncan

An Austrian Internet Vigilante trying to live Outside the Asylum
This entry was posted in Austrian Economics. Bookmark the permalink.

Leave a civil and intelligent reply - Comments will be moderated

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s