Federal Reserve Magically Erasing Debts and Liabilities

Interest-Rates / US Debt
Aug 09, 2010 - 04:02 AM

By: Richard_Daughty

Hossein Askari is a professor of international business and international affairs at George Washington University, and Noureddine Krichene is an economist with a PhD from UCLA, which I mention to establish their credentials, since some bozo from the Federal Reserve created a stir when he said, with a sniff of condescension and smugness, that nobody should comment about economics unless they have a PhD in economics from a “properâ€