Friedman Predicts the Destruction of the Dollar
On May 15, 10:06*am, wrote:
On Fri, 15 May 2009 07:27:35 -0700 (PDT), wrote:
correct, you cannot ignore the destruction of wages because you are
competing with slave and sweatshop labor, on top of all of the
environmental destruction. sooner or later the wage destruction will
come home to roost and demand plunges.
Unless you do tariffs.
correct. and i think they are coming, even if the powers that be,
kick and scream and get on their knees and beg forgiveness to their
gods. sooner or later, its going to happen, otherwise we fail, and the
nation breaks up.
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