View Single Post
  #13   Report Post  
Old May 15th 09, 05:02 PM posted to alt.fan.rush-limbaugh,rec.radio.shortwave,alt.news-media,alt.religion.christian,alt.politics.economics
~ RHF ~ RHF is offline
external usenet poster
 
First recorded activity by RadioBanter: Jul 2008
Posts: 968
Default Friedman Predicts the Destruction of the Dollar

On May 15, 8:06*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.

Import Tariffs are the quickest way to a Global Depression.