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Doesn't Hans Werner keep his money in the form of gold ingots under his mattress?

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Migeru (migeru at eurotrib dot com) on Fri Oct 31st, 2014 at 11:49:13 AM EST
[ Parent ]
Most probably.

I mean his fews on sound national investment policy is that all Germans should bring there cash to the Kanzleramt and stuff it into the mattress of Angela Merkel.

But more seriously: In read an interview with Hans Werner Sinn from 2009 where he pointed out that in fact there is no serious risk of inflation, but instead a serious risk on an Japan style deflationary trap. Yet, then he went on and advocated tirelessly for the last 5 years for policies that would push us ever deeper into exactly this trap!!

by rz on Fri Oct 31st, 2014 at 11:54:33 AM EST
[ Parent ]


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